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Logitech sales surge as working from home boosts demand

Logitech International reported a 13.6per cent rise in quarterly sales on Tuesday as more people used its computer products while working from home due to the coronavirus crisis.

Markets

Saudi Aramco first-quarter net profit slides 25% as oil prices fall

Saudi Arabian state oil giant Aramco on Tuesday reported a 25per cent fall in first-quarter net profit, below analyst estimates, hurt by lower crude oil prices as the coronavirus slashed demand.

Markets

China announces new tariff waivers for some US imports

China announced on Tuesday a new list of 79 U.S. products eligible for waivers from retaliatory tariffs imposed at the height of the bilateral trade war, amid continued pressure on Beijing to boost imports from the United States.

Markets

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 40per cent 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.

Markets

China cuts Australian beef imports after warning against COVID-19 probe

China suspended imports from four major Australian beef suppliers Tuesday, just weeks after Beijing's ambassador warned of a consumer boycott in retaliation for Canberra's push to probe the origins of the coronavirus.

Markets

Vodafone meets full-year expectations, pulls guidance on COVID-19 uncertainty

Vodafone , the world's second largest mobile operator, met expectations with a 2.6per cent rise in full-year core earnings to 14.9 billion euros (US$16.10 billion), but said it could not predict the current year outcome due to the uncertainty caused by the coronavirus.

Markets

Honda posts 13per cent drop in annual operating profit

Honda Motor Co on Tuesday posted an 13per cent decline in annual operating profit as the coronavirus pandemic started to take its toll on global car demand.

Markets

Toyota expects annual operating profit to drop 80per cent 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.

Markets

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.

Markets

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.

Markets

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