Daimler reported a consensus beating second-quarter operating loss of 1.68 billion euros (US$1.91 billion) on Thursday and said it expected earnings before interest and taxes in 2020 to be higher than last year.
A new derivatives rule should clear up any uncertainty about U.S. regulators' role in transactions involving foreign banks and foreign counterparties and so avoid clashes with other watchdogs, a senior U.S. regulatory official said on Thursday.
Second-quarter sales at Unilever fell much less than expected as strong growth in North America helped to offset the hit from coronavirus lockdowns.
Cycling is booming across the globe as people seek to avoid crowded buses and trains on their commute in the wake of the coronavirus pandemic -- or get back into shape after long months of lockdown.
SINGAPORE: Singapore's core inflation dropped 0.2 per cent year-on-year in June, the Monetary Authority of Singapore (MAS) and Ministry of Trade and Industry (MTI) said in a joint news release on Thursday (Jul 23). The drop in June continues from the 0.2 per cent year-on-year decrease recorded in ...
SINGAPORE: The Great Singapore Sale (GSS) will be an online affair this year, with online deals, virtual workshops, live-streaming activities and technology like virtual reality for shoppers to create a “new norm” shopping experience amid the COVID-19 pandemic. The annual sale, which is called ...
Daimler reported a consensus beating second-quarter operating loss of 1.68 billion euros (US$1.91 billion) on Thursday and said it expected earnings before interest and taxes in 2020 to be higher than last year.
A reopening of some major economies locked down due to the coronavirus has lifted global oil prices and encouraged U.S. shale producers to return at least a third of the 2 million barrels per day (bpd) curtailed since April.
China launched an unmanned probe to Mars on Thursday in its first independent mission to visit another planet, a bid for global leadership in space and display of its technological prowess and ambition.
HONG KONG: Chinese online grocery startup MissFresh said on Thursday it has raised US$495 million in its latest round of fundraising. Investors include a fund under China International Capital Corporation, Tencent, Abu Dhabi Capital Group and Tiger Global, the company said in a statement ...
