South Korea's largest airline Korean Air said on Friday its provisional consolidated operating loss for the January-March quarter was 82.8 billion won ($67.25 million), as travel restrictions and crippled demand due to the coronavirus pandemic hit the aviation industry.
(RTTNews) - The U.S. Food and Drug Administration warned that an early data suggested that Abbott' rapid coronavirus diagnostic test for Covid-19 may deliver inaccurate results.
Most Asian currencies traded in a tight range on Friday, as data showing China's economy is gradually recovering from the coronavirus shock countered worries over worsening Sino-U.S. relations.
Large parts of Japan marked the first day out of a state of emergency on Friday while Tokyo's governor asked residents to prepare for the "new normal" as restrictions stay in place in the capital and major cities.
Mizuho Financial Group Inc reported on Friday a net profit of 44.6 billion yen ($416 million) in the fourth quarter compared to the Japanese bank's net loss in the year-ago quarter.
(RTTNews) - Richemont (CFRUY.PK) reported profit to owners of the parent company of 933 million euros for the year ended 31 March 2020 compared to 2.78 billion euros, prior year. Profit for the year decreased, reflecting the non-recurrence of a post-tax non-cash gain of 1.38 bil
London's Canary Wharf has drawn up detailed plans to bring bankers, accountants and lawyers back to the financial district as the coronavirus pandemic eases, the Financial Times reported on Friday.
Coronavirus-driven market panic restored the appeal of banks' unloved currency trading divisions in the first quarter and volatility looks set to benefit them for months to come.
German container shipping line Hapag-Lloyd on Friday reported a first quarter net profit of 25 million euros ($27.01 million), down from 96 million euro a year earlier, and held on to its earlier guidance for full year earnings.[nASN0006U8]
Aurubis AG, Europe's largest copper producer, posted on Friday a drop in quarterly profit but confirmed its annual earnings forecast despite the market uncertainty and economic fallout from the coronavirus crisis.
Indian shares fell on Friday after details on the government's economic package failed to impress investors already worried about rising coronavirus cases and poor corporate earnings reports.
Virgin Australia Holdings Ltd is expected to receive as many as eight non-binding indicative offers from potential buyers on Friday, which will be whittled down over the next few days to a shortlist of around three, its administrators said.
(RTTNews) - Roche (RHHBY) announced the CE mark availability of Roche v-TAC, a new digital diagnostic solution that allows clinicians to obtain results for arterial blood gas values from patients with respiratory or metabolic abnormalities through a less invasive venous puncture
(RTTNews) - European stocks are likely to open higher on Friday, even as underlying sentiment may remain cautious as comments from U.S. President Donald Trump about China aggravated trade tensions.
(RTTNews) - Aurubis Group (AIAGY.PK, AIAGF.PK) reported a second quarter IFRS loss from continuing operations of 38 million euros compared to profit of 94 million euros, last year. Loss per share from continuing operations was 0.84 euros compared to profit of 2.09 euros. Operati
(RTTNews) - Indian shares were marginally lower on Friday as U.S.-China tensions escalated and mixed data out of China cast doubt over the strength of the country's consumer spending and service sectors.
The airline industry is not likely to recover to pre-coronavirus levels for at least the next six to 12 months, Southwest Airlines Co Chief Executive Officer Gary Kelly said on Thursday.
Indonesia's imports in April shrank at the fastest pace in nearly five years, underlining weak domestic demand and as its export markets were disrupted by the coronavirus pandemic, trade data showed on Friday.
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