NewsNeiman Marcus, symbol of American luxury, files for bankruptcy Luxury retail chain Neiman Marcus filed for bankruptcy Thursday, making it the…industrytrendPosted on May 7, 2020May 7, 20201 minute read
NewsBrazilian beer company Ambev earns more than $190M in the first quarter, 59% less Brazilian brewer Ambev posted a net attributable profit of 1,091 million reais…industrytrendPosted on May 7, 2020May 7, 20201 minute read
NewsGeneral Motors negotiates loan to increase liquidity General Motors Co. is in talks with banks to raise a new…industrytrendPosted on May 6, 2020May 6, 20202 minute read
NewsMexican car sales drop 64.5%; it’s the worst April since 1995 During the month of April, only 34,903 cars were sold in Mexico,…industrytrendPosted on May 6, 2020May 6, 20201 minute read
NewsPandora jewelry stores lose 3.2 million euros in the first quarter due to the impact of the coronavirus The Danish jewelry chain Pandora registered a net loss of 24 million…industrytrendPosted on May 5, 2020May 5, 20201 minute read
NewsCarnival could resume some cruises in August after facing coronavirus strike Carnival Corp said Monday that it plans to restart some of its…industrytrendPosted on May 4, 2020May 4, 20201 minute read
NewsBig Mac in the distance: McDonald’s tests a coronavirus-proof restaurant Big Macs delivered in food carts, hand sanitizer at the entrance and…industrytrendPosted on May 4, 2020May 4, 20201 minute read
NewsKraft Heinz earns $378 million between January and March, down 6.7% US food products maker Kraft Heinz posted net attributable profit of $378…industrytrendPosted on May 1, 2020May 1, 20201 minute read
NewsApple boosts sales due to China reopening, but does not make second quarter forecasts Apple Inc. reported sales and earnings that exceeded Wall Street expectations on…industrytrendPosted on May 1, 2020May 1, 20202 minute read
NewsShell cuts dividend for the first time since World War II The Royal Dutch Shell oil company cut its dividend on Thursday for…industrytrendPosted on April 30, 2020April 30, 20202 minute read
NewsMcDonald’s quarterly earnings fall 16.7% amid global confinement by coronavirus On Thursday, McDonald’s Corp reported a drop of 16.7% in its quarterly…industrytrendPosted on April 30, 2020April 30, 20201 minute read
NewsBP increases its debt and maintains dividend after suffering the impact of the virus on profits BP’s first-quarter earnings fell by two-thirds and its debt rose to its…industrytrendPosted on April 29, 2020April 30, 20201 minute read
NewsAeroméxico announces progressive resumption of its international flights Mexico’s main airline, Aeroméxico, announced the resumption of some flights to Asia,…industrytrendPosted on April 29, 2020April 30, 20201 minute read
NewsCoronavirus: Apple to delay mass production of iPhones as global demand falls Apple Inc will delay production of the iPhone, by at least a…industrytrendPosted on April 27, 2020April 27, 20201 minute read
NewsGM suspends payment of dividend and repurchase of shares due to damages due to coronavirus General Motors (GM) announced on Monday the suspension of both the quarterly…industrytrendPosted on April 27, 2020April 27, 20202 minute read
NewsFacebook enters videoconferencing competition with Messenger Rooms Facebook Inc introduced a video conferencing tool and expanded its live streaming…industrytrendPosted on April 24, 2020April 24, 20202 minute read
NewsToyota to gradually resume North American production starting May 4 Toyota Motor Corp said Thursday that it hopes to gradually resume production…industrytrendPosted on April 23, 2020April 23, 20201 minute read
