Author Archives: Syndicated Content
Credit Suisse warns over coronavirus uncertainties after first-quarter earnings beat
By Brenna Hughes Neghaiwi ZURICH (Reuters) - Credit Suisse Group AG posted a 75% rise in first-quarter net profit on Thursday, even as it cautioned the global coronavirus pandemic could impact perform...
Apr 23, 2020
Japan corporate earnings enjoy benefit of doubt as profits elsewhere portend gloom
By Hideyuki Sano TOKYO (Reuters) - Analysts are sanguine about Japanese corporate earnings this year in the expectation of swift economic recovery from the coronavirus outbreak, though some strategist...
Apr 23, 2020
Leclerc likes idea of reverse races when F1 returns
By Alan Baldwin LONDON (Reuters) - Ferrari's Charles Leclerc likes the idea of racing in the "wrong" direction once Formula One emerges from the global COVID-19 lockdown. The sport is considering vari...
Apr 23, 2020
I'd be happy for Seb to stay at Ferrari, says Leclerc
By Alan Baldwin LONDON (Reuters) - Charles Leclerc says he would be happy to have Sebastian Vettel continue as his Ferrari Formula One team mate next season, despite their clashes on track last year. ...
Apr 23, 2020
French lockdown still reducing economic activity by 35%: INSEE
PARIS (Reuters) - A country-wide lockdown in France is still reducing economic activity by 35% from normal levels despite a slight pick-up in the industrial and construction sectors, the INSEE officia...
Apr 23, 2020
Truck maker Volvo first-quarter profit falls less than expected
STOCKHOLM (Reuters) - Swedish truck maker AB Volvo reported a smaller-than-expected fall in first-quarter operating earnings on Thursday but warned its net order intake of trucks had been negative sin...
Apr 23, 2020
Renault's first-quarter sales fall, outlook still unclear
PARIS (Reuters) - French carmaker Renault on Thursday posted a 19.2% drop in first-quarter revenue to 10.13 billion euros ($10.97 billion), and said it was still too early to assess what impact the co...
Apr 23, 2020
Italy's economy to bounce back in third-quarter, grow significantly in 2021: economy minister to paper
ROME (Reuters) - Italy's Economy Minister said on Thursday he expected a "strong rebound" in output in the third quarter of the year and significant growth in 2021, after an exceptional contraction du...
Apr 23, 2020
Hyundai first-quarter profit tumbles 44%, far short of estimates, as coronavirus slams car demand
SEOUL (Reuters) - South Korea's Hyundai Motor Co said on Thursday first-quarter net profit slumped 44% to its lowest level for the quarter in a decade as the spreading coronavirus outbreak hit demand ...
Apr 23, 2020
Malaysia committed to safeguarding its interests in South China Sea: foreign minister
KUALA LUMPUR (Reuters) - Malaysia remains committed to safeguarding its interests and rights in the South China Sea, Foreign Minister Hishammuddin Hussein said on Thursday, amid a standoff between Chi...
Apr 23, 2020
