Plane parts maker FACC said it expects significant demand and production restrictions in the first half of 2020 and the full year as the coronavirus pandemic forced plane makers to pause production to adjust to lockdowns and cut future output due to lower demand from airlines.
Yemen's government forces will confront an "armed rebellion" by separatists in the south, the government said on Tuesday, adding that the group had refused to de-escalate the situation after declaring self-rule last month.
The dollar hung on to gains on Tuesday as growing fears about a second wave of coronavirus infections denting a global recovery and fresh signs of trade tensions made investors cautious.
(RTTNews) - With remote working becoming the new norms due to the global corona virus pandemic, TeamViewer AG (TMVWF.PK, TMVWY.PK) Tuesday reported 96 percent surge in adjusted EBITDA for the first quarter, as billings in the quarter rose 75 percent year-on-year.
German software company TeamViewer on Tuesday reported a 75% jump in billings in the first quarter as people around the world working from home due to the coronavirus pandemic adopted its remote connectivity services.
French telecoms group Iliad said on Tuesday that first-quarter sales rose 6.9% from a year earlier, driven by higher broadband and mobile subscriptions.
(RTTNews) - German logistics and transportation company Hamburger Hafen und Logistik AG or HHLA (HHULF.PK, HHULY.PK) reported Tuesday that its first-quarter profit after tax and minority interests plunged 65.6 percent to 10.1 million euros from 29.4 million euros last year.
The world's top listed miner BHP Group said on Tuesday it had made its first yuan-denominated sale of iron ore to China Baoshan Iron & Steel Co Ltd, known as Baosteel, and would explore using blockchain for such transactions in future.
(RTTNews) - German insurance and asset management company Allianz SE (AZSEY.PK) reported Tuesday that its first-quarter net income attributable to shareholders fell 28.9 percent to 1.4 billion euros from last year's 2 billion euros. Basic earnings per share decreased 27.8 percen
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.
(RTTNews) - Shares of Novavax Inc. (NVAX) jumped 30 percent in Monday's regular trading and gained nearly 40 percent in after-hours, following significant progress in the Company's influenza and COVID-19 vaccine programs and increased funding from the Coalition for Epidemic Prep
China has suspended imports from four large Australian meat processors, Australia's Minister for Trade Simon Birmingham said on Tuesday, as sour bilateral ties threaten to disrupt the trade of several key agricultural commodities.
A senior U.S. health official set to testify on Tuesday before the U.S. Senate will warn against the risks of reopening the economy too soon, saying it could lead to "needless suffering and death", the New York Times said.
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.