Saudi Arabian state oil giant Aramco on Tuesday reported a 25% fall in first-quarter net profit, missing analyst estimates, but its quarterly dividend was in line with a plan for a $75 billion base payout to shareholders for the year.
German conglomerate Thyssenkrupp warned on Tuesday that its operating loss could swell to 1 billion euros ($1.1 billion) in the April to June quarter due to the coronavirus crisis.
Europe's share markets, bond yields and the euro all inched higher on Tuesday, as mildly reassuring signals from China's economy helped limit worries about a potential second wave of coronavirus infections.
Toyota Motor Corp said on Tuesday it expects profit to drop by 80% to its lowest in nine years, as Japan's biggest automaker grapples with the impact of the novel coronavirus which has sapped global demand for vehicles.
The U.S. Second Circuit Appeals Court will on Tuesday consider arguments by an ex-Royal Bank of Scotland employee who is suing the U.S. Justice Department and Securities and Exchange Commission for a bounty he says he is owed under a whistleblower program.
Aircraft lessors may need to start taking back some planes in the second half of the year, the CEO of BOC Aviation Ltd said, adding that the pandemic-hit aviation market could take until 2023 to fully rebound.
ArcelorMittal , the world's largest steelmaker, is issuing $2 billion of shares and convertible notes at a deep discount to accelerate debt reduction plans that have been slowed by the COVID-19 pandemic.
Saudi Aramco, the world's top oil exporting company, on Tuesday reported a 25% fall in first-quarter net profit, missing analyst estimates, but its quarterly dividend was in line with a plan for a $75 billion payout for the year.
Planemaker Embraer said Tuesday it delivered just five commercial jets in the first quarter, less than half of what it delivered a year ago, blaming the drop on preparations for a deal with Boeing Co that fell apart last month.
Brussels Airlines, part of Germany's Lufthansa , said on Tuesday it would reduce its fleet by 30% and its workforce by a quarter to guarantee its survival during and after the COVID-19 pandemic.
Germany's financial watchdog BaFin said on Tuesday that it was conducting multiple investigations into payments company Wirecard .
Lawmakers will quiz U.S. regulators this week on their efforts to help struggling consumers, oversight of massive federal bailout packages and regulatory easing when they appear before Congress this week for the first time since the novel coronavirus outbreak.
U.S. stock index futures ticked higher on Tuesday as China's move to waive off tariffs on some U.S imports added to hopes that the easing of virus-led business shutdowns would help jump-start a battered global economy.
Challenged by the arrival of Tesla in China last year, domestic electric vehicle (EV) start-ups were struggling even before the economic shock wrought by the coronavirus, but now for some it has become a battle for survival.
American International Group Inc faces a crucial test on Wednesday, when shareholders are to vote on whether the board of directors has adequately addressed their concerns about executive pay.