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Neiman Marcus, symbol of American luxury, files for bankruptcy
Luxury retail chain Neiman Marcus filed for bankruptcy Thursday, making it the…
Brazilian 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…
General Motors negotiates loan to increase liquidity
General Motors Co. is in talks with banks to raise a new…
Mexican 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,…
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The Latest
Pandora 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…
Carnival could resume some cruises in August after facing coronavirus strike
Carnival Corp said Monday that it plans to restart some of its…
Big Mac in the distance: McDonald’s tests a coronavirus-proof restaurant
Big Macs delivered in food carts, hand sanitizer at the entrance and…
Kraft Heinz earns $378 million between January and March, down 6.7%
US food products maker Kraft Heinz posted net attributable profit of $378…
Apple 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…
Shell cuts dividend for the first time since World War II
The Royal Dutch Shell oil company cut its dividend on Thursday for…
industrytrend
Posted on April 30, 2020April 30, 2020
2 minute read
McDonald’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…
industrytrend
Posted on April 30, 2020April 30, 2020
1 minute read
BP 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…
industrytrend
Posted on April 29, 2020April 30, 2020
1 minute read
Aeroméxico announces progressive resumption of its international flights
Mexico’s main airline, Aeroméxico, announced the resumption of some flights to Asia,…
industrytrend
Posted on April 29, 2020April 30, 2020
1 minute read
Coronavirus: Apple to delay mass production of iPhones as global demand falls
Apple Inc will delay production of the iPhone, by at least a…
industrytrend
Posted on April 27, 2020April 27, 2020
1 minute read
GM 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…
industrytrend
Posted on April 27, 2020April 27, 2020
2 minute read
Facebook enters videoconferencing competition with Messenger Rooms
Facebook Inc introduced a video conferencing tool and expanded its live streaming…
industrytrend
Posted on April 24, 2020April 24, 2020
2 minute read
Toyota to gradually resume North American production starting May 4
Toyota Motor Corp said Thursday that it hopes to gradually resume production…
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Posted on April 23, 2020April 23, 2020
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