Xiaomi posts 13.6% jump in Q1 revenue

Source: Dukascopy Bank SA
The Chinese smartphone maker Xiaomi Corp reported on Wednesday its Q1 revenue rose as much as 13.6%, despite falling demand for its phones due to the coronavirus crisis.
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Wed, 20 May 2020 12:36:49 GMT

Rolls-Royce to cut 9K jobs in air travel drop

Britain's Rolls-Royce is planning to slash at least 9K jobs, which is over a sixth of the company's workforce, in the air travel slump caused by the coronavirus pandemic.

Wed, 20 May 2020 09:50:59 GMT

EU watchdog comments on coronavirus

On Wednesday, the European Securities and Markets Authority stated that companies should provide coronavirus impact assessments in their half-year reports.

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