SoftBank buybacks pick up in June; $4.7 billion spent in total
SoftBank Group Corp share buybacks accelerated in June, with a total of 499.9 billion yen ($4.66 billion) spent on buying back 107.7 million of its...
SoftBank has spent $4.7 billion on share buybacks
SoftBank Group Corp has spent 499.9 billion yen ($4.66 billion) buying back 107.7 million of its shares since March, a company filing on Monday showed....
Commerzbank preparing to make more job cuts: board member
Commerzbank will announce “considerably” more branch closures and job cuts when it lays out its strategy review in August, a member of the bank’s supervisory...
H&M says recovery uneven after March-May sales tumble 50%
H&M , the world’s second-biggest fashion retailer, on Monday reported a sharp but slightly smaller than expected drop in second-quarter sales as measures to slow...
Oil falls on growing fears of a second wave of coronavirus
Oil prices fell on Monday as new coronavirus infections hit China, Japan and the United States, adding to concerns that a resurgence of the virus...
Commerzbank to cut more jobs, branches: board member
Commerzbank will announce “considerably” more branch closures and job cuts when it lays out its strategy review in August, a member of the bank’s supervisory...
Oil slumps further amid prospect of resurgence of coronavirus
Oil slumped on Monday, extending last week’s losses, as new coronavirus infections hit China, Japan and the United States’ increasing concerns that a resurgence of...
BP to take up to $17.5 billion writedown, lowers oil outlook
BP will take a writedown of up to $17.5 billion in its second-quarter earnings after sharply lowering its long-term oil and gas price outlook as...
BP to write off up to $17.5 billion after reduced oil price forecast
BP will incur an up to $17.5 billion writedown in the value of its assets after lowering its long-term oil and gas price outlook in...
Analysts’ view: Market jitters over second COVID-19 wave are an overdue pullback
A second straight day of record new COVID-19 cases in Beijing and a spike in infections across a swathe of the United States has dented...