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Rolls-Royce Reports Record 5.4 Billion-Pound Loss As Pandemic Batters Aviation
Rolls-Royce shares fell 9 percent early and were last at 237.3 pounds each. The stock has fallen more than 60 percent this year. Rolls-Royce shares fell 9 percent early and were last at 237.3 pounds each. The stock has fallen more than 60 percent this year. -
Huawei, ZTE Lose Landmark Patent Case At UK Supreme Court
British judges gave Huawei two options: pay Unwired Planet a global rate, or face injunctions on its European sales. British judges gave Huawei two options: pay Unwired Planet a global rate, or face injunctions on its European sales. -
Carnival Won't Set Sail Next Year As Pandemic Gets In The Way
Shares of Carnival plunged 3.8 percent and closed at 15.28 on the NYSE on the news. Shares of Carnival plunged 3.8 percent and closed at 15.28 on the NYSE on the news. -
HSBC, Pollination Group Join Forces For Biggest Environmental Venture
Dubbed HSBC Pollination Climate Asset Management, the program will pursue "lucrative ventures that will protect and preserve the environment for the long-term." Dubbed HSBC Pollination Climate Asset Management, the program will pursue "lucrative ventures that will protect and preserve the environment for the long-term." -
Show Me The Money: Xiaomi Dials Up Sales, Unfazed By Pandemic
Xiaomi Corp. reported a 3.1 percent increase in its June quarter sales to $7.8 billion even as smartphone revenues from overseas fell. Xiaomi Corp. reported a 3.1 percent increase in its June quarter sales to $7.8 billion even as smartphone revenues from overseas fell. -
Vanguard Bids Adios To Hong Kong And Tokyo; Workers To Lose Jobs
Vanguard is the world's second-largest asset management group next to BlackRock. Vanguard is the world's second-largest asset management group next to BlackRock. -
Palantir Technologies Bares IPO Moves With Direct Listing
The secretive Palantir Tech revealed its stock-listing papers for the first time. The secretive Palantir Tech revealed its stock-listing papers for the first time. -
UK Lender To Sack 350 Staff, Shutter 18 Branches Due To Virus
The bank blames the pandemic and falling interest rates as the reason for its job cuts and closures. The bank blames the pandemic and falling interest rates as the reason for its job cuts and closures. -
Credit Suisse To Cut 500 Swiss Staff In Major Restructuring
Major job cuts loom for Switzerland's second-biggest bank as it focuses on digital banking. Major job cuts loom for Switzerland's second-biggest bank as it focuses on digital banking. -
Wirecard Gives Pink Slip To More Than Half Its Staff In Germany
Germany's DAX gave Wirecard the boot effective Aug. 24 after its stock price fell by almost 100 percent. Germany's DAX gave Wirecard the boot effective Aug. 24 after its stock price fell by almost 100 percent.