Logitech sales surge as working from home boosts demand
Logitech International reported a 13.6% rise in quarterly sales on Tuesday as more people used its computer products while working from home due to the coronavirus crisis.
Saudi Aramco first-quarter net profit falls 25% as oil prices slump
Saudi Arabian state oil giant Aramco on Tuesday reported a 25% fall in first-quarter net profit, below analyst estimates, hurt by lower crude oil prices as the coronavirus slashed demand.
Honda declines to give outlook as profit slides amid coronavirus pandemic
Honda Motor Co on Tuesday posted its lowest operating profit in four years and refrained from releasing an earnings outlook for the current business year as the coronavirus pandemic hits global car demand.
Vodafone meets full-year expectations, pulls guidance on COVID-19 uncertainty
Vodafone , the world’s second largest mobile operator, met expectations with a 2.6% rise in full-year core earnings to 14.9 billion euros ($16.10 billion), but did not give a current year outlook due to the uncertainty caused by the coronavirus.
Thyssenkrupp warns of massive third-quarter loss as COVID-19 adds to pain
German conglomerate Thyssenkrupp on Tuesday warned its operating loss could swell to 1 billion euros ($1.1 billion) in the current quarter citing the coronavirus pandemic.
Once taboo, investors begin to imagine negative U.S. rates
Negative interest rates in the United States were once unimaginable. The coronavirus has changed that.
Ryanair to recommend face masks on board, ban toilet queues
Ryanair is to recommend that all passengers wear face masks on board when it reopens 40% of its route network on July 1 and customers will be required to ask crew to use the toilet, Europe’s largest low-cost carrier announced on Tuesday.
Thyssenkrupp second-quarter loss widens as coronavirus impact starts to show
Thyssenkrupp on Tuesday said its second-quarter net loss more than quintupled as the coronavirus pandemic hit all business lines at the struggling steel-to-submarines conglomerate.
Stocks falter as anxiety grows over second coronavirus wave
Asian shares tumbled on Tuesday on growing worries about a second wave of coronavirus infections after the Chinese city where the pandemic originated reported its first new cases since its lockdown was lifted.
Toyota expects annual operating profit to drop 80% as virus saps car sales
Toyota Motor Corp said on Tuesday it expects to post its lowest annual operating profit in nine years as the automaker grapples with the impact of the novel coronavirus, which has sapped global demand for cars.
