Fiat Chrysler reported a lower-than-anticipated operating loss of €928B in its Q2, instead of the expected €1.87B loss, as the carmaker managed to contain some negative effects caused by the COVID-19 pandemic.
ByteDance, the Chinese tech giant and TikTok owner, is exploring an initial public offering of its local business in Shanghai or Hong Kong, Reuters reported on Friday.
L'Oreal's CEO Jean-Paul Agon reported the company's sales climbed in July, their first surge since January 2020, sending the shares up 1.3% on the results.
Warren Buffett-owned Berkshire Hathaway has acquired another $522M worth stock of Bank of America, lifting its already big stake in the second-biggest US bank by assets to 11.8%.
Amazon.com reported its largest profit in the retailer's 26-year history on a major surge in its online sales and the lucrative business backing the third-party merchants during the coronavirus lockdowns.
Crude oil prices edged higher on Friday, the Brent crude futures were up by 1%, at $43.35 per barrel at 07.02 GMT, while the US crude gained 43 cents, or 1.1%, to $40.35.
On Thursday, the US President Donald Trump openly floated the idea of delaying the US general elections in November.
MasterCard's shares surged by 1.41% in premarket trading on Thursday, after the company announced a better-than-expected quarterly profit.
Boeing Co announced it would cut the production of 787 Dreamliner twin-engine jets to six per month in 2021.
According to sources with knowledge of the matter, Exxon Mobil is planning a deep job and spending cuts.
Kellogg's shares rose as much as 2.6% on Thursday to hit an over 21-month high, after the company increased its yearly profit and sales forecast.
According to the Federal Statistics Office, the German gross domestic product declined by 10.1% in the second quarter.
According to the US Commerce Department, the US gross domestic product contracted at a 32.9% annualized rate in Q2, the deepest decline since 1947.
The Vietnamese economy is expected to grow 2.8% in 2020 and 6.8% in 2021, a forecast published by the World Bank shows.
Panasonic reported a net loss of $93.56M in the second quarter of 2020 amid the coronavirus pandemic, a financial report published by the company shows.
The French economy is expected to perform better than previously expected, a statement published by the Bank of France Governor Villeroy de Galhau shows.
The British car production sector contracted 42.8% in the first six months of 2020, compared to the same period in 2019, the Society of Motor Manufacturers and Traders reports.
The Lloyds Banking Group reported a pre-tax loss of $782M in the first six months of 2020 amid the coronavirus pandemic, a statement published by the company shows.
The US economy contracted 32.9% in the second quarter of 2020, compared to the same period the prior year, data published by the US Commerce Department show.
Google's $2.1B worth bid for Fitbit, the fitness tracker maker, is set to face the EU antitrust probe next week, Reuters reported on Thursday.
Panasonic aims to enhance the energy density of the "2170" battery cells, which the company supplies to Tesla, by 20% during the next five years as well as commercialise a cobalt-free version.
Volkswagen reported on Thursday an operating loss in its Q2 as car deliveries plunged by nearly a third amid the coronavirus crisis, forcing the German automaker to trim its dividend despite robust growth in demand.
Samsung Electronics is expecting its second-half earnings to rise on a worldwide recovery of the company's smartphone demand, driven by the coronavirus-caused shift to the remote work.
On Thursday, International Business Machines revealed its research partnership with the Japanese industry, as the US tech firm seeks to boost quantum computing advances, deepening ties between Japan and the US.