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(Reuters) - U.S. drug developer Novavax Inc
Applied Materials Inc forecast fourth-quarter revenue above analysts' estimates on Thursday as demand rebounds for semiconductor equipment and services from the coronavirus-driven slump, and predicted sustained spending into 2021. Shares of the chip industry bellwether rose more than 3% in extended trading.
BERLIN, Aug. 13 (Xinhua) -- Turnover of TUI plummeted by 98.5 percent year-on-year to 72 million euros (85 million U.S. dollars) in the third quarter (Q3) of the company's fiscal year from April to June, the Germany-based tourism giant announced on Thursday.
BERLIN, Aug. 13 (Xinhua) -- Turnover of Germany's largest companies listed in the DAX, excluding banks, decreased by 13 percent year-on-year to 283 billion euros (335 billion U.S. dollars) in the second quarter (Q2) 2020, according to a study published by consulting firm Ernst & Young (EY) on Thursday.
A key supplier to Apple Inc and a dozen other tech giants plans to split its supply chain between the Chinese market and the United States, declaring that China’s time as factory to the world is finished because of the trade war.
NEW YORK: The coronavirus pandemic dealt a relatively modest US$2.5bil blow to five insurers with large US operations in the second quarter – a cost that was far less than feared and which the industry has absorbed without touching capital, according to analysts.
TAIPEI (Reuters) - Foxconn, the world's largest contract electronics manufacturer, posted a better-than-expected quarterly profit and forecast its smartphones business would see sustained revenue weakness but at a slightly slower pace this quarter.
SANTIAGO, Aug. 11 (Xinhua) -- Chilean market analysts estimate that the South American country's economy will fall by 6 percent in 2020, a slightly lower projection than the estimate made in July (6.10 percent), according to a report released by the Central Bank of Chile on Tuesday.
Several ‘structural advantages’ make it a well-regarded stock