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Canadian Bombardier, specializing in the field of mechanical engineering, in its reporting for 2018 indicated a net profit of $318 million, while a year earlier the report indicated a loss of $525 million. Revenues amounted to 16 billion 236 million dollars, noting a slight increase. According to another report, in the last quarter of last year, revenue decreased by 7% to 4 billion 303 million dollars. At the same time, the company announced a quarterly profit of $55 million, while in the same period a year earlier it suffered a loss of $188 million.
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, ...
The dollar sat near two-year lows on Wednesday as the United States struggled to control the coronavirus outbreak, breaking hopes for a fast economic recovery. The gloomy outlook for the U.S. economy is expected to urge the Federal Reserve ...
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 ...
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 ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
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