#sees

1:19am, 20th May, 2020

Lenovo profit beats estimates, sees growth as more people work from home

Lenovo Group, the world's biggest maker of personal computers, reported a deep slump in fourth-quarter profit due to disruptions caused by the coronavirus crisis, although the result was far better than expectations.

Baidu sees robust quarter as China's economy reopens

5:49pm, 18th May, 2020

News

Baidu sees robust quarter as China's economy reopens

Chinese search engine giant Baidu Inc forecast second-quarter revenue above expectations on Monday, as businesses reopen in the world's second-largest economy after strict lockdowns to curb the spread of the coronavirus.

Foxconn quarterly profit plummets, sees new growth from post-virus lifestyles

5:54am, 15th May, 2020

News

Foxconn quarterly profit plummets, sees new growth from post-virus lifestyles

Foxconn's first-quarter profit plunged to its lowest in two decades, all but wiped out, after the coronavirus pandemic forced the Taiwanese firm to suspend manufacturing operations in China and knocked demand from customers including Apple Inc .

ECB sees no "business case" for digital currency yet: Mersch

7:30am, 11th May, 2020

News

ECB sees no "business case" for digital currency yet: Mersch

The European Central Bank currently sees no "business case" for launching its own digital currency but is looking at how one would work should that change, ECB board member Yves Mersch said on Monday.

Siemens sees bigger hit from coronavirus impact coming as second-quarter profit plunges

1:50am, 8th May, 2020

News

Siemens sees bigger hit from coronavirus impact coming as second-quarter profit plunges

Siemens on Friday said it expected "even stronger impacts" from the coronavirus pandemic in the weeks ahead as it ditched its 2020 guidance and posted an 18% drop in industrial profit during its second quarter.

Uber sees ride business up from coronavirus lows in some U.S. markets

5:26pm, 7th May, 2020

News

Uber sees ride business up from coronavirus lows in some U.S. markets

Uber Technologies Inc's ride service bookings rose last week and the company expects a coronavirus-related slowdown will delay the goal of becoming profitable by a matter of quarters, not years, Chief Executive Dara Khosrowshahi said on Thursday.

Amazon sees possible second-quarter loss as it forecasts $4 billion in COVID-19-related costs

7:46pm, 30th April, 2020

News

Amazon sees possible second-quarter loss as it forecasts $4 billion in COVID-19-related costs

Amazon.com Inc on Thursday said it could post its first quarterly loss in five years because it is spending at least $4 billion in response to the coronavirus pandemic, including plans to test its workers for COVID-19, providing staff with protective...

Coronavirus sees China's Geely Automobile facing one of toughest years

6:27am, 30th March, 2020

News

Coronavirus sees China's Geely Automobile facing one of toughest years

China's Geely Automobile Holdings Ltd said on Monday 2020 may be one of its toughest years yet, as pressure stemming from the coronavirus outbreak on production and sales persists.

Micron sees revenue above estimates as demand rises for remote-work devices

7:24pm, 25th March, 2020

News

Micron sees revenue above estimates as demand rises for remote-work devices

Chipmaker Micron Technology Inc forecast current-quarter revenue above analysts' estimates on Wednesday and said the shift to work-from-home globally due to the coronavirus outbreak is fueling demand for notebooks and data center services.

Swatch Group CEO sees 'massive' temporary hit in China from coronavirus

5:39am, 8th March, 2020

News

Swatch Group CEO sees 'massive' temporary hit in China from coronavirus

Swiss watchmaker Swatch Group is taking a "massive" hit from the outbreak of the novel coronavirus that sharply affected business in major market China, Chief Executive Nick Hayek said in a Sunday newspaper interview.