US refiners see worst Q2 results in ten years

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Source: Dukascopy Bank SA
US oil refiners are expected to post their worst Q2 results since 2010, as the production outran the demand during the coronavirus crisis, hitting auto and air travel sectors.
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Wed, 29 Jul 2020 12:41:02 GMT

General Dynamics posts 22.5% fall in profit

On Wednesday, General Dynamics, the defence contractor, reported a 22.5% drop in its Q2 profit to $625M, or $2.18 for a share, tumbled by weaker sales in the company's IT and aerospace units.

Wed, 29 Jul 2020 11:26:04 GMT

Tesla open to supply carmakers with batteries

Tesla's CEO Elon Musk stated that the electric carmaker was open to supply batteries and powertrains to other companies, seeking to accelerate sustainable energy, not hurting the competition.

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