Comcast warns of steeper impact of coronavirus as first quarter revenue narrowly misses forecast
Comcast Corp on Thursday reported first quarter revenue that fell shy of Wall Street’s estimate, and warned of a weaker second quarter as a result...
Twitter sales beat estimates but ad trends alarm investors
Twitter Inc on Thursday reported higher first-quarter revenue and a smaller loss than analysts had expected, but its shares fell as investors fretted about potential...
Flight bookings surge as Beijing relaxes quarantine rules
Flight bookings surged by up to 15 times after Beijing relaxed quarantine rules, raising hope that a release of pent-up demand ahead of a major...
Goldman Sachs shareholders vote to approve executive compensation
Goldman Sachs Group Inc said Thursday at its annual shareholder meeting that 71% of votes were cast in favor of the bank’s executive compensation policies...
Stocks trim record monthly gains as ECB PEPP talk falls flat
World stocks suffered a slip on their way to record monthly gains on Thursday, as the European Central Bank held back from providing another instant...
Wall Street slides at open after grim jobless claims data
Wall Street opened lower on Thursday at the end of a strong month for stock markets globally, as millions more applied for jobless claims in...
Britain confident of EU deal this year: source
Britain is confident it can get a deal on its future ties with the European Union: London just needs Brussels to start treating the country...
Lebanon hopes for IMF aid after passing crisis plan
Lebanon hopes to secure IMF aid based on a financial reform plan approved by the government on Thursday to help the country through an acute...
Hungary’s Sziget and other festivals cancelled, schools stay shut
Hungary’s government on Thursday said events with more than 500 participants cannot be held until Aug. 15, wiping off the calendar several large international festivals...
Transition to low-carbon energy may accelerate after crisis: Shell
The ongoing transition to low-carbon energy sources may accelerate as economies recover from the impact of the coronavirus crisis, the head of oil and gas...