COVID-19 shutdowns

Merck KGaA raises outlook after forecast-beating Q2 profit

Merck KGaA (MRCG.DE) raised its outlook after posting forecast-beating second quarter profits on Thursday, boosted by demand for its lab…

4 years ago

China’s factory activity in July grows at slowest pace since Feb 2020

China's factory activity expanded in July at the slowest pace in 17 months as higher raw material costs, equipment maintenance…

4 years ago

UK mortgage lending booms but consumers stay wary about debt

British mortgage lending showed a record surge in June as home-buyers rushed to qualify for a tax break before it…

4 years ago

Airbus challenges Boeing cargo dominance with A350 freighter

Europe's Airbus (AIR.PA) took aim at one of Boeing's (BA.N) most profitable strongholds on Thursday with plans for a freighter…

4 years ago

Samsung Elec sees strong chip demand, mobile recovery as Q2 profit jumps

Samsung Electronics Co Ltd (005930.KS) on Thursday forecast strong demand for memory chips in the second half and a recovery…

4 years ago

Australian CPI blows hot in Q2, core inflation far cooler

Australia's consumer prices rose at the fastest annual pace in almost 13 years last quarter as petrol jumped and government…

4 years ago

Mattel expects strong holiday season as Barbie demand swells

Mattel Inc (MAT.O) raised its full-year sales forecast on Tuesday, expecting sustained robust demand for its Barbie and Hot Wheels…

4 years ago

Amazon eyes potential stake in Indian film, media businesses; Inox denies report

Amazon.com Inc's (AMZN.O) India arm is in talks with several domestic players in film and media distribution including cinema chain…

4 years ago

Monopoly-maker Hasbro revenue surges as TV, film business bounces back

Toymaker Hasbro Inc (HAS.O) posted a better-than-expected 54% jump in quarterly revenue, helped by rising demand for its "Dungeons &…

4 years ago

Urban legend: Why Alibaba’s John Caplan is bullish on cities

When it comes to cities in a global pandemic, reports of their demise have been greatly exaggerated, according to John…

4 years ago