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Wednesday, January 27, 2021

covid19

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IAG says passenger capacity slid to 78.6% due to COVID-19 restrictions.

IAG says passenger capacity slid to 78.6% in Q3 due to COVID-19 restrictions. The airline holding company's cash operating costs reduced by 54% in Q3. IAG...

Breakeven Gets Closer For American Airlines Stock

The fear of the second round of COVID-19 attack has taken its toll on the market of domestic airlines. American Airlines stock has seen...

Caterpillar’s third-quarter net income slides 54% due to COVID-19 crisis.

Caterpillar’s third-quarter net income slides 54% due to the COVID-19 crisis. The U.S. manufacturer reports £7.58 billion of revenue and £1.03 of adjusted EPS. Caterpillar's construction...

USD/SEK targets 8.7 as Sweden Covid-19 daily cases jump to June highs

The USD/SEK pair dropped slightly as traders reacted to the rising number of Covid-19 cases in Sweden. The pair has been in a significant dip...

Holiday Inn: IHG stock price tumbles as Covid-19 hurts hotel bookings

Intercontinental Hotels Group PLC (LON: IHG), which owns hotel brands such as Holiday Inn and InterContinental, reported a decline in revenues in Q3 as...

United Airlines’ sales tank 78% in Q3 due to the COVID-19 restrictions.

United Airlines’ sales tank 78% in Q3 due to the COVID-19 restrictions. The air carrier reports £1.92 billion of revenue in the fiscal...

Virgin Money to cut 400 jobs to minimise costs amidst the COVID-19 crisis.

Virgin Money to cut 400 jobs to minimise costs amidst the COVID-19 crisis. The UK firm names Enda Johnson as its interim Chief Financial Officer. Virgin...

Mulberry cancels dividend as full-year loss widens due to COVID-19

Mulberry cancels dividend as full-year loss widens due to the Coronavirus Pandemic. The luxury fashion company reports £149.3 million of revenue in fiscal 2020. The British...

Markets roundup: Stocks plunge while gold and yen gain as Trump tests positive for COVID-19

Donald Trump confirmed on Twitter that he and his wife Melania are positive on COVID-19 infection Analysts now see Biden as a clear-cut favourite to...

Endo International to manufacture Novavax’s candidate COVID-19 vaccine

Endo International to manufacture Novavax’s candidate COVID-19 vaccine. Novavax started phase 3 trials for its COVID-19 vaccine in the U.K. AstraZeneca receives partial immunity from the...
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