Saudi cabinet calls on Yemen’s southern separatists to rescind emergency
Saudi Arabia’s cabinet has urged Yemen’s main separatist group, which has declared self-rule in the south, to abide by an agreement to end a previous...
Airbus first-quarter core profit plunges 49% as coronavirus crisis starts to bite
Planemaker Airbus on Wednesday posted a 49% slump in first-quarter adjusted operating profit to 281 million euros ($304.7 million) as revenue dropped 15% to 10.631...
Samsung warns of second-quarter profit fall as coronavirus hits sales of phones, TVs
Samsung Electronics Co Ltd said on Wednesday it expected profit to decline in the current quarter due to a coronavirus-related slump in sales of smartphones...
Thailand reports nine new coronavirus cases, no more deaths
Thailand reported on Wednesday nine new coronavirus infections but no deaths, taking to 2,947 cases and 54 deaths its tally since the outbreak began in...
Much of U.S. economy still plugging along despite coronavirus pain
Garbage haulers still collect trash. Cops are on the beat. Couriers deliver food and packages. Insurance agents work from home....
Fed likely to renew vow to use all tools to brace economy
The Federal Reserve, which has pumped trillions in emergency funding into U.S. financial markets to stem the damage from the coronavirus pandemic, is expected on...
Airbus first-quarter core operating profit tumbles 49%
Planemaker Airbus posted on Wednesday a 49% slump in first-quarter adjusted operating profit to 281 million euros ($304.7 million) as revenues fell 15% to 10.631...
U.S. official welcomes Saudi announcement of ceasefire in Yemen: Al-Arabiya
The United States welcomes the announcement by the Saudi-led coalition of a ceasefire in Yemen, the Saudi-owned Al-Arabiya TV channel reported on Wednesday, citing U.S....
Germany reports 1,304 more coronavirus cases, 202 more deaths
Germany on Wednesday reported 1,304 more cases of the novel coronavirus while the number of deaths rose by 202 compared to the previous day, data...
StanChart profit falls 12% on coronavirus crisis
Standard Chartered PLC said on Wednesday its first-quarter profit tumbled 12%, as the emerging markets-focused bank boosted provisions against bad loans as the coronavirus crisis...