Business News
Aston Martin’s chief to leave as a part of shake-up: FT
Aston Martin Chief Executive Andy Palmer is leaving the business as part of a shake-up, the Financial Times reported on Sunday.
Year: 2020
Business News
Most publicly listed companies keep U.S. small-business aid loans
More than four-fifths of publicly listed companies that received emergency small-business loans from the U.S. government have held onto them, sticking with a certification that they need the money, according to data from market research firm FactSquared.
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Results: Polaris Infrastructure Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Shareholders of Polaris Infrastructure Inc. (TSE:PIF) will be pleased this week, given that the stock price is up 17… …read more […]
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The LiveRamp Holdings, Inc. (NYSE:RAMP) Full-Year Results Are Out And Analysts Have Published New Forecasts
The investors in LiveRamp Holdings, Inc.’s (NYSE:RAMP) will be rubbing their hands together with glee today, after the… …read more […]
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Emerging Markets Are Stumbling as Old Bugbear Gatecrashes Party
(Bloomberg) — Just as early bets on an emerging-market recovery start fueling appetite for stocks and currencies, an old bugbear is reappearing to haunt investors: U.S.-China tensions.MSCI’s emerging-markets stock gauge moved into the red last week as China announced plans to impose a national security law on Hong Kong, deepening the friction between Washington and Beijing. Signs are mounting that President Donald Trump will make his tough-on-China stance a key element of his re-election bid. China’s Foreign Minister Wang Yi said Sunday some Americans are pushing the two countries toward a “new Cold War.”“The market mood had been rather constructive …read more […]
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Results: NVIDIA Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates
A week ago, NVIDIA Corporation (NASDAQ:NVDA) came out with a strong set of first-quarter numbers that could… …read more […]
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Gilead’s Remdesivir Most ‘Beneficial’ In Covid-19 Patients Who Need Extra Oxygen, Study Shows
Gilead Sciences Inc.’s (GILD) remdesivir, its coronavirus drug candidate, is most “beneficial” for Covid-19 patients who require supplemental oxygen but don’t need mechanical ventilation, according to a study by the National Institute of Allergy and Infectious Diseases (NIAID).”Ultimately, the findings support remdesivir as the standard therapy for patients hospitalized with Covid-19 and requiring supplemental oxygen therapy,” the report said, citing preliminary results from the randomized, controlled trial, published in The New England Journal of Medicine.Over a 10-day course, patients received the antiviral remdesivir intravenously and a placebo. The report showed that patients who received remdesivir had a shorter time to …read more […]
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Air France must slash domestic traffic in exchange for state guarantees -minister
Air France will have to “drastically” reduce its domestic air traffic in exchange for state loan guarantees, French Environment Minister Elisabeth Borne said on Sunday.
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Lufthansa to resume flights to 20 destinations from mid-June
Lufthansa , which is in talks with the German government over a 9 billion euro ($9.8 billion) bailout, will resume flights to 20 destinations from mid-June, including some holiday hot-spots, a spokeswoman said on Sunday.
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Benjamin Netanyahu’s Corruption Charges, Explained
Israel is divided over the trial of Prime Minister Benjamin Netanyahu, who faces corruption charges including allegedly accepting gifts such as champagne, cigars and jewelry. WSJ’s Dov Lieber explains. Photo: Gali Tibbon/Associated Press …read more […]
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Tesla Asks China To Build Model 3 Cars With LFP Batteries – Report
Tesla Inc. (TSLA) is asking the Chinese government for approval to build model 3 vehicles in the country equipped with lithium iron phosphate (LFP) batteries, Reuters reported.The name of the battery maker wasn’t disclosed, according to a document by the Ministry of Industry and Information Technology seen by Reuters.Reuters exclusively reported in February that Tesla is in advanced talks to use LFP batteries from CATL that contain no cobalt – one of the most expensive metals in electric vehicle (EV) batteries – in cars made at its China plant.Tesla did not immediately respond to a request for comment from Reuters.Model …read more […]
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