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In the first quarter, net profit of the European aerospace corporation Airbus Group decreased by 31% in annual terms to 283 million euros. The profit before tax and interest payments fell to 199 million euros. Adjusted EBIT was 14 million euros against the adjusted loss of 19 million euros a year earlier. Revenues decreased to 10 billion 119 million euros compared to the indicator of 11 billion 442 million euros for the same period last year. Airbus reported that in the first quarter, its gross volume of orders amounted to 68 commercial aircraft. The net volume of orders was at the level of 45 aircraft against 6 and 104 helicopters against 60 a year earlier.
On Friday, the Chinese technology company ByteDance said that it would consider listing its domestic businesses in Hong Kong or Shanghai due to rising Sino-U.S. tensions. The company's standalone listing in Hong Kong or Shanghai might value ...
On Friday, Caterpillar Inc (CAT.N) announced a lower second-quarter profit because of the recession caused by the coronavirus outbreak. The decline was due to lower sales volume and changes in dealer inventories. During the second quarter ...
Samsung Electronics Co Ltd looks forward to the second half of the year as it expects a larger increase in chip demand brought by new smartphone launches. However, the company warned that the coronavirus crisis and trade disputes carry risks. Samsung, ...
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...
American multinational automaker Ford Motor Co. (F.N) announced on Thursday that its vehicle sales increased by 3% from April to June in mainland China. It would be the first time that the company's first quarterly sales rose in the world's ...
KYC Policy