British state-backed lender Royal Bank of Scotland said its profits halved in the first quarter, as it set aside £802 million ($1.01 billion) against a likely spike in bad loans due to the coronavirus pandemic.
Smartphone makers shipped 275.8 million devices in that time frame, an 11.7% drop from a year earlier and the largest annual decline ever, according to research firm International Data Corporation.
America's richest saw their wealth increase by nearly 14% over the last six weeks, at the same time as around 30 million people in the U.S. filed for unemployment benefits due to the coronavirus pandemic.
South Korean exports plunged in April at their sharpest pace since the global financial crisis as the coronavirus pandemic hit demand and paralyzed the global economy and supply chains.
The company expects to produce more than 140,000 rounds of its 10-day treatment regimen by the end of May, and anticipates it can make 1 million rounds by the end of this year.
President Donald Trump said, without offering any evidence, that he has reason to believe that the coronavirus outbreak originated from a laboratory in China.
Apple did not issue guidance for the quarter ending in June, as it usually does. The company withdrew guidance for its second-quarter in February as the Covid-19 coronavirus spread in China.
Some Amazon cloud customers, like Slack and Zoom, saw record usage in the first quarter as governments directed people to stay home, with coronavirus cases proliferating.