On Thursday, chip specialist AT&S reported its full-year core profit plunged as much as 22% due to expansion costs, adding that its revenue and core profit in its current Q1 were now on the same level as the previous year.
Amazon.com Inc has released three new models of the Fire tablets with faster performance and additional storage, saying they will be available starting at the price of $89.99.
Intelsat SA, the satellite operator, has filed for the Chapter 11 bankruptcy protection, its latest casualty of tough business disruptions the company experiences due to the coronavirus pandemic.
Chanel stated that it was rising prices on handbags and some small leather goods, taking into account a higher raw materials' cost due to the coronavirus pandemic.
Airbus was exploring restructuring plans, including the possibility of job cuts, as the company braced for a crisis after furloughing thousands of employees.
The UK economy shrank 5.8% in March, as the coronavirus crisis escalated, while the government closed much of the country, awaiting bigger hit to come.
Shipping company A.P. Moller-Maersk warned of a drop in demand for global container shipments amid the coronavirus pandemic.
The UK economy contracted 2% in the first quarter of 2020, the fastest pace since a 2.1% decline in the fourth quarter of 2008, the Office for National Statistics reports.
The National Bank of Belarus reduced the key lending rate to 8% from 8.75% to help the economy amid the coronavirus outbreak, data published by the bank show.
The global trade contracted 3% in the first quarter of 2020, compared to the same period the prior year, data published by the United Nations Conference on Trade and Development show.
The Croatian economy is expected to contract by 7% in 2020, a report published by the European Bank for Reconstruction and Development shows.
The economy of Morocco is expected to shrink by 2% in 2020, a statement published by the European Bank for Reconstruction and Development (EBRD) shows.
Qatar Airways has entered talks with Boeing and Airbus to postpone its plane orders for a couple of years, the CEO of the Middle East's biggest airline stated on Wednesday.
Amazon is planning to prolong the shutdown of its six warehouses located in France until May 18, after they were closed due to the coronavirus pandemic.
The United States posted a record $738B budget deficit last month, tumbled by government's spending and revenues shrinking caused by the coronavirus pandemic.
Razer Inc, the gaming hardware maker, is planning to roll out the face mask vending machines in Singapore, after they became compulsory to wear in public.
On Wednesday, Tencent Holdings reported a 26% jump in its Q1 revenue, driving by higher demand for the Chinese gaming group's video games during the lockdowns caused by the coronavirus outbreak.
Uber Technologies has entered negotiations to acquire Grubhub Inc, the online food delivery firm, in an all-stock deal, sending Grubhub's shares up 13.6% to $60.39, while Uber's stock closed up 2.4% at $32.40.
On Wednesday, Aston Martin reported a $119M pretax loss in the Q1 after sales plunged by about a third, as the coronavirus hit sales of the carmaker.
Mitsubishi Heavy Industries has cut the development budget for the Japanese first regional jet M90 SpaceJet by half due to squeezed profits amid the coronavirus crisis.
On Wednesday, Japan's Sony Corp reported its Q4 operating profit fell as much a s 57%, while the company declined to provide the 2020 outlook amid uncertainty related to the COVID-19 outbreak.
Vodafone Group announced on Tuesday that its annual core earnings came in line with the expectations of a 2.6% increase, as the company maintained its full-year dividend at 7.91 pence per share.
According to the Bloomberg News report, published on Tuesday, Uber Technologies has approached the food delivery service GrubHub Inc with a takeover offer.
The US Labor Department reported on Tuesday that the consumer price index fell by 0.8% in April, the largest decline since December 2008.