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British Aston Martin Lagonda, which produces sports cars, following the results of 2018, reported a pre-tax net loss of 68 million 200 thousand pounds sterling, whereas in the previous year it reported a profit of 84.5 million pounds. The cost of IPO, amounting to 136 million pounds, was included in the amount of loss. Adjusted EBITDA at the level of 247 million 300 thousand pounds showed an increase of 20%. Revenues amounted to 1 billion 100 million pounds, an increase of 25%. Annual sales grew by 26%, reaching 4,441 cars and confirming the forecast of Aston Martin. Growth in sales was showed by all regions, but the largest number of cars was sold in the Asia-Pacific region, where the figure rose by 44%.
Britain on Wednesday signed a supply deal for up to 60 million doses of a possible COVID-19 vaccine that is being developed by pharmaceutical companies GlaxoSmithKline (GSK) and Sanofi. The financial details of the agreement were not disclosed. However, ...
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
The Securities and Exchange Commission (SEC) announced on Monday that UBS Financial Services Inc. (UBSG) would pay more than $10 Million to resolve charges regarding certain municipal bond offerings. UBS has agreed to pay the fine after SEC ...
The Dollar fell on Tuesday, with the Euro and the British Pound Sterling gaining strength on the back of news that European Union leaders have agreed to roll out additional recovery funds in the region. New hopes for a potential COVID-19 vaccine ...
The United States Labor Department reported on Thursday that jobless claims edged down to a near four-month low since last week, while 32.9 Million Americans collected unemployment benefits in the third week of June. The government agency ...
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