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Latest World news

4th June
J.M. Smucker tops analysts’ estimates for earnings and revenue in the fourth quarter
4th June
Aston Martin to layoff around 500 workers to shore up finances amidst COVID-19
4th June
Lookers to close 12 more sites and layoff 1,500 workers to survive the Coronavirus crisis
3rd June
Lufthansa pledges to ramp up restructuring measures as net loss increases to £1.88 billion in Q1
3rd June
Campbell Soup tops analysts’ estimates for earnings and revenue in the third quarter
3rd June
Volvo reports a 40% increase in car sales in May as COVID-19 restrictions start to ease
3rd June
American Eagle swings to a £204.39 million net loss in Q1 due to Coronavirus restrictions
3rd June
Zoom reports a 169% increase in Q1 revenue as COVID-19 drives more people to its video calling platform
3rd June
Chemring confirms annual guidance as profit jumps in the first half on new US orders
3rd June
SSP Group swings to a loss in the first half as Coronavirus shuts stores
2nd June
Air Canada raises £940 million via a stock issue to shore up its finances amidst COVID-19
2nd June
Dick’s Sporting Goods reports a net loss of £114.37 million in Q1 as Coronavirus shuts stores
2nd June
Visa Inc. reports a significantly slower pace of decline in the U.S. payments volume in May
2nd June
Volkswagen closes its investment worth £2.07 billion in Argo AI
2nd June
Tesco says its CFO Alan Stewart will retire next year in April
2nd June
Mediclinic’s full-year loss widens as the hospital operator records write-downs
1st June
FTSE 100 climbs 1.5% on Monday as the UK continues to ease COVID-19 restrictions
1st June
Coty Inc. names its chairman Peter Harf as the new CEO replacing Pierre Laubies
1st June
Eli Lilly begins early-stage human testing of its experimental antibody-based COVID-19 vaccine
1st June
Private equity firms launch a £2.66 billion friendly bid to buy Spain’s MasMovil
1st June
Hyundai reports a 39% year over year decline in May sales due to COVID-19 restrictions
1st June
Capco invests £436 million to purchase Hong Kong tycoon’s 20.9% stake in Shaftesbury
1st June
Ted Baker to raise £95 million via stock issue as full-year loss expands to £80 million
31st May
Eurobank reports an over 100% increase in Q1 profit on lower provisions for impaired loans
30th May
Lufthansa’s board approves Brussel’s “revised” conditions for £8.10 billion government bailout
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