Edition:
India

Rachit Vats

Pandemic pummels GE second-quarter earnings; shares sink 5%

29 Jul 2020

General Electric Co saw less cash outflow than estimated in the second quarter, even as the coronavirus pandemic pummeled demand in its aviation business, resulting in a wider-than-expected quarterly loss.

3M profit misses as coronavirus crisis hammers sales

28 Jul 2020

U.S. industrial conglomerate 3M Co missed Wall Street estimates for quarterly profit and revenue on Tuesday, hit by a plunge in demand across its business units due to the coronavirus crisis, sending its shares down about 5.3%.

Cash burn in question for struggling GE

28 Jul 2020

The collapse of global air travel has stopped General Electric Co's turnaround plan in its tracks and the company will have to convince investors on Wednesday that it is on course to reduce cash burn through the rest of 2020.

Automakers rev up discounts to beat coronavirus sales blues

30 Jun 2020

In the midst of a raging pandemic, Belal Bilto, 26, a sales executive and a Manhattan resident bought a midsize pickup Jeep Gladiator this month for just over $48,000, lured by a discount of about $5,000 on the list price and a seven-year, no-interest loan.

Automakers rev up discounts to beat coronavirus sales blues

29 Jun 2020

June 29 In the midst of a raging pandemic, Belal Bilto, 26, a sales executive and a Manhattan resident bought a midsize pickup Jeep Gladiator this month for just over $48,000, lured by a discount of about $5,000 on the list price and a seven-year, no-interest loan.

Boeing jet deliveries sink to just four in May

09 Jun 2020

Boeing Co deliveries slowed even further in May from April as the coronavirus pandemic's crushing impact on airlines added to a year of crisis following the grounding of its 737 MAX planes, company data showed on Tuesday.

Boeing jet deliveries sink to just four in May

09 Jun 2020

Boeing Co deliveries slowed even further in May from April as the coronavirus pandemic's crushing impact on airlines added to a year of crisis following the grounding of its 737 MAX planes, company data showed on Tuesday.

UPDATE 1-Boeing jet deliveries sink to just four in May

09 Jun 2020

June 9 Boeing Co deliveries slowed even further in May from April as the coronavirus pandemic's crushing impact on airlines added to a year of crisis following the grounding of its 737 MAX planes, company data showed on Tuesday.

Rental fleet collapse drags down U.S. vehicle sales

03 Jun 2020

The collapse in demand for new vehicles from U.S. rental car fleets hit automakers hard in May, even as consumer sales were stronger than expected as coronavirus stay-at-home orders began to ease.

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