LONDON (Reuters) – Britain’s economy shrank by a record 5.8% in March from February as the coronavirus crisis escalated and the government ordered a shutdown of much of the country to stop the spread of the virus, official data showed on Wednesday.
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… * Says virus cut full-year profit by 68.2 billion yen. * Misses analyst forecasts (Adds further earnings details, context). TOKYO, May 13 (Reuters) – Japan’s Sony Corp on Wednesday reported a 57% drop in fourth-quarter operating profit and refrained from …
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TOKYO — Las Vegas Sands said it has ended plans to open an integrated resort (IR) casino in Japan, dealing another blow to Japan’s attempts to energise its economy through tourism. Would you like recommendations for more stories like this? Yes.
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The Australian share market has shrugged off early falls prompted by rising concerns about a second wave of COVID-19 infections around the world to finish a little higher by the close of trade. Key points: The ASX 200 closed 0.4pc higher at 5,422; The …
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The Commonwealth Bank is bracing for a $1.5 billion wave of bad debts caused by a sharp contraction in the economy, with loans to households expected to account for more than half the hit to its bottom line. As CBA rounded out a series of bank results …
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