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VW car sales, earnings plunge during coronavirus crisis

FRANKFURT, Germany (AP) - Automaker Volkswagen saw car sales and operating profit plunge in the first quarter as the coronavirus outbreak closed dealerships and...

Airbus says virus aviation crisis still at ‘early stage’

PARIS (AP) - Airbus reported 481 million euros ($515 million) in losses in the first quarter, put thousands of workers on furlough and sought...

Stocks rise as traders see hopeful signs in fighting virus

NEW YORK (AP) - Stocks are opening higher on Wall Street Tuesday as traders gingerly embrace early signs that the White House and a...

HSBC cuts headcount by 35,000 in next three years.

HSBC bank said Tuesday it will shed some 35,000 jobs as part of a deep overhaul to focus on faster-growing markets in Asia and...

Airbus CEO sees no short-term benefit from Boeing MAX woes

FRANKFURT, Germany (AP) - Airbus' chief executive said Thursday that his company sees no short-term benefit from Boeing's troubles with its grounded 737 MAX...

Airbus shows loss for 2019 due to big bribery settlement

FRANKFURT, Germany (AP) - Commercial aircraft maker Airbus lost 1.36 billion euros ($1.48 billion) in 2019 because of a multibillion-euro bribery settlement with authorities...

Airbus shows loss for 2019 due to big bribery settlement

FRANKFURT, Germany (AP) - Commercial aircraft maker Airbus lost 1.36 billion euros ($1.48 billion) in 2019 because of a multibillion-euro bribery settlement with authorities...

Airbus shows loss for 2019 due to big bribery settlement

FRANKFURT, Germany (AP) - Commercial aircraft maker Airbus lost 1.36 billion euros ($1.48 billion) in 2019 because of a multibillion-euro bribery settlement with authorities...

Twitter shares jump on rise in user numbers, revenue

Shares in Twitter jumped Thursday after the social media company said revenue and user numbers exceeded forecasts in the latest quarter, though profit fell...

Twitter user numbers up more than expected, but profit dips

Twitter reported Thursday that profit fell in the latest quarter even as growth in revenue and user numbers exceeded forecasts.The San Francisco-based tech company...