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The largest US health insurance company UnitedHealth Group in the second quarter increased its net profit by 28% year-on-year to $2 billion 920 million. Adjusted earnings rose to 3 dollars 14 cents per share, the analystshad predicted 3 dollars 4 cents per share. Revenue amounted to 56 billion 100 million dollars, increased by 12%. The number of insured persons under medical insurance programs for the 12 months to June increased by 2 million 200 thousand people. The insurance business of the company increased its revenue by $5 billion, the Optum unit, which provides technology and consulting services in the field of medical insurance, - by $2 billion.
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 ...
On Thursday, the United States’ Gross Domestic Product (GDP) suffered the biggest economic decline in the second quarter as the surge of coronavirus cases affected the whole country. The U.S. government decided to shut down restaurants, ...
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 second quarter had seen Australian consumer prices dropping by a record. This could be attributed to the coronavirus crisis dragging child care cost and petroleum prices, inflicting a serious damage to years of growth toward higher inflation. Last ...
Spain’s unemployment rose to 15.33% for the second quarter of 2020, according to Tuesday’s data from the National Statistics Institute amid the worsening COVID-19 situation in the country. The unemployment rate surged past the ...
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