Barrick reports 55% higher adjusted profit helped by gold prices
Canadian miner Barrick Gold Corp reported a nearly 55% rise in quarterly adjusted profit on Wednesday, benefiting from a surge in gold prices and higher...
New York Times beats first-quarter revenue estimates
The New York Times Co beat Wall Street’s revenue estimates on Wednesday as it added more subscribers in a quarter dominated by heavy news coverage...
Futures rise on optimism around easing of lockdowns
U.S. stock index futures rose on Wednesday as investors turned hopeful of a pickup in business activity with several countries and U.S. states relaxing coronavirus-induced...
E-cigarette maker Juul Labs to exit South Korea after year of health controversies
U.S. e-cigarette maker Juul Labs said on Wednesday it would end operations in South Korea, a year after it entered the market there but failed...
Britain’s mid-sized banks coping with coronavirus, but warn of pain ahead
A slew of Britain’s mid-sized banks on Wednesday reported steady deposits and demand in the face of the COVID-19 pandemic, but warned it was too...
BMW cuts outlook, sees coronavirus pain lasting all year
BMW AG expects the coronavirus pandemic to hit demand and earnings throughout this year, prompting the German automaker to cut its profitability forecast for passenger...
Hapag-Lloyd seeks savings to offset coronavirus losses: CEO
German container line Hapag-Lloyd is to implement cost cuts to take account of the coronavirus crisis, its chief executive Rolf Habben Jansen said on Wednesday....
Turkish Airlines plans to resume limited flights in June: draft
Turkish Airlines plans a gradual resumption of flights from June and will take four months to return to near full operation, a draft plan seen...
World shares subdued amid mixed earnings; oil falters
Global shares struggled on Wednesday as mixed earnings, doubts about the easing of coronavirus lockdowns and simmering U.S.-China tensions cast a pall over markets....
UK watchdog deems Shell’s ‘drive carbon neutral’ ad campaign acceptable
A Royal Dutch Shell advertising campaign promising customers they can “drive carbon neutral” has been deemed acceptable under Britain’s advertising rules following an investigation, regulators...