Showing 1 - 9 of 9
Boeing to cut staff, plane output as pandemic batters airline industry
AFP, Published on 29/04/2020
» NEW YORK - Boeing announced sweeping cost-cutting measures Wednesday after reporting a first-quarter loss of $641 million following the hit to the airline business from the coronavirus pandemic.
THAI will borrow to survive, remain state enterprise
Chatrudee Theparat, Published on 29/04/2020
» Thai Airways International (THAI) will borrow money to survive the coronavirus crisis, and will remain a state enterprise, the Finance Ministry announced on Wednesday.
Tough road ahead for automakers
Business, Reuters and Kyodo News, Published on 29/04/2020
» TOKYO: Global vehicle sales by Japanese automakers dropped by 34% in March when the coronavirus outbreak spread worldwide, and are set to fall further in the months ahead as the crisis continues.
Hollywood mulls new measures to restart shooting
AFP, Published on 29/04/2020
» LOS ANGELES: Movie moguls, directors and lawyers are searching for radical solutions to reopen Hollywood as soundstages gather dust and studio profits slide weeks after cameras stopped rolling due to coronavirus.
3M earnings rise on demand for medical masks
AFP, Published on 29/04/2020
» NEW YORK - Industrial giant 3M reported rising quarterly profits Tuesday as it ramps up production of N95 masks while combatting price-gouging and fraud during the coronavirus outbreak.
Samsung Electronics reports 3% drop in Q1 net profit
AFP, Published on 29/04/2020
» SEOUL: The world's biggest smartphone maker, Samsung Electronics, reported a three-percent drop in first-quarter net profits on Wednesday, as the coronavirus pandemic dampened consumer demand.
Alphabet-Google profit up despite pandemic-linked ad slump
AFP, Published on 29/04/2020
» SAN FRANCISCO - Google parent Alphabet on Tuesday reported higher profits and revenues in the first quarter even as a coronavirus-induced economic slump hit advertising in March.
KAsset's AUM forecast set to match last year's level
Business, Nuntawun Polkuamdee, Published on 29/04/2020
» Kasikorn Asset Management's assets under management (AUM) this year are projected to be on a par with last year's 1 trillion baht despite first-quarter AUM value dropping by 70 billion baht on the back of panic-selling ignited by the coronavirus pandemic.
Hands-off way of supporting hard hit
Oped, Sirinya Wattanasukchai, Published on 29/04/2020
» After five weeks of lockdown with strict measures aimed at curbing the spread of Covid-19, Thailand has made a lot of headway with a steady decline in infections. At the same time, there has been a rise in the number of suicides and failed attempts made by people who have slipped through the state's security net.