(RTTNews) - Shares of Scandinavian Airlines System or SAS Group (SASDY.PK) were losing around 8 percent in the morning trading in Sweden after the company reported Thursday a sharply wider net loss in its second quarter hurt by weak demand amid Covid-19.
(RTTNews) - As per media reports, American Airlines Group Inc. (AAL) is planning to reduce 30 percent of its management and support roles as part of its measures to cut costs. The airline is reportedly offering buyouts for the affected staff.
(RTTNews) - Fresenius SE (FSNUF.PK, FSNPF.PK) announced Thursday that its unit Fresenius Kabi AG and the pharmaceutical company medac have agreed to cooperate in Germany in the area of treatments for rheumatic illnesses.
(RTTNews) - GlaxoSmithKline Plc (GSK.L, GSK) confirmed the company's plan to manufacture 1 billion doses of pandemic vaccine adjuvant system, in 2021, to support the development of multiple adjuvanted COVID-19 vaccine candidates. To date, the company has formed several collabora
(RTTNews) - Daily Mail and General Trust plc (DMGT.L) reported first-half profit before tax of 80 million pounds, higher than last year's 50 million pounds. Earnings per share grew to 89.7 pence from 12.9 pence a year ago.
(RTTNews) - Capgemini (CGEMY.PK, CAPP) and Audi (AUDVF.PK) announced the launch of their joint venture - XL2, which will provide digital technology and consulting services in the fields of SAP S/4HANA and cloud services primarily for Audi and the entire Volkswagen Group. The com
HONG KONG (Reuters Breakingviews) - Hong Kong’s financiers should study the lesson Man Group learned during the Chinese stock crash of 2015. Chinese authorities detained bankers and brokers, including the British hedge fund’s China head, as state media blamed foreign
(RTTNews) - The Japanese stock market is rising and the safe-haven yen weakened on Thursday following the overnight gains on Wall Street as optimism about the reopening of economies and the possibility of further stimulus helped offset worries about rising U.S.-China tensions.
(RTTNews) - Logitech International (LOGI) said that its board approved a number of items, including a new share buyback program, a proposed dividend for fiscal year 2020, and a new Group Management Team member and Executive Officer.
(RTTNews) - The Hong Kong stock market on Wednesday wrote a finish to the two-day winning streak in which it had gathered more than 450 points or 2 percent. The Hang Seng Index now sits just above the 23,300-point plateau although it's expected to regain its footing on Thursday.
(RTTNews) - The Australian stock market is notably higher on Thursday following the positive cues overnight from Wall Street. Optimism about an economic recovery following the easing of lockdown restrictions in various countries and the possibility of further stimulus helped off
(RTTNews) - The Singapore stock market headed south again on Wednesday, one day after it had ended the three-day slide in which it had tumbled almost 80 points or 3.2 percent. The Straits Times Index now rests just beneath the 2,520-point plateau although it figures to bounce hi