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06 May REFILE-Wall Street bullish on ride-hailing firms on lower driver costs, recovery signs

Posted at 16:28h in News by KMFSLLP 0 Comments

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Wall Street gave a resounding vote of confidence to ride-hailing stocks ahead of Uber's results on Thursday, after Lyft indicated a slow recovery in demand and lower costs as rising unemployment creates greater supply of drivers.

06 May UPDATE 1-Portugal’s EDP posts 45% profit rise, sees only small impact from lockdown

Posted at 16:28h in News by KMFSLLP 0 Comments

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Portugal's largest utility EDP posted on Thursday a 45% rise in first-quarter net profit to 146 million euros ($158 million) despite the wider impact of the coronavirus on the economy.

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06 May REFILE-UPDATE 1-Wall Street bullish on Lyft, Uber on lower driver costs, recovery signs

Posted at 16:27h in News by KMFSLLP 0 Comments

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Wall Street gave a resounding vote of confidence to ride-hailing stocks ahead of Uber's results on Thursday, after Lyft indicated a recovery in demand and lower costs as rising unemployment creates more supply of drivers than jobs in the market.

06 May UPDATE 2-Czech central bank surprises with hefty 75 bps rate cut

Posted at 16:15h in News by KMFSLLP 0 Comments

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The Czech National Bank cut its main interest rate by a bigger-than-expected 75 basis points on Thursday, bringing borrowing costs ever closer to zero as it seeks to soften the economic blow of the coronavirus outbreak.

06 May UPDATE 2-European stocks lifted by Chinese export data, strong earnings

Posted at 16:13h in News by KMFSLLP 0 Comments

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European shares closed higher on Thursday as a surprise rise in China's exports suggested some resilience in global demand, while a batch of mostly strong earnings also provided cheer.

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06 May Heathrow’s third runway project now ‘impossible’, says IAG chief

Posted at 15:18h in News by KMFSLLP 0 Comments

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Willie Walsh points out that expansion plans face bigger challenges due to coronavirus impact

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06 May UK regulators delay two-thirds of new measures in response to Covid-19

Posted at 14:12h in News by KMFSLLP 0 Comments

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Rules concerning Brexit preparations prioritised over tougher environmental standards

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06 May Heathrow given permission to appeal against block on third runway

Posted at 12:05h in News by KMFSLLP 0 Comments

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Supreme Court to hear airport’s case after £14bn plan ruled unlawful on environmental grounds

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06 May UPDATE 1-ViacomCBS beats revenue, profit estimates as lockdowns boost demand for streaming

Posted at 12:00h in News by KMFSLLP 0 Comments

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Media company ViacomCBS Inc on Thursday beat first-quarter revenue and profit estimates, as higher demand for its streaming services from people hunkered down at home more than offset a drop in advertising revenue due to the COVID-19 crisis.

06 May FOCUS-To keep COVID-19 patients home, some U.S. states weigh house arrest tech

Posted at 12:00h in News by KMFSLLP 0 Comments

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How do you ensure that someone sick with COVID-19 stays home?

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News

06 May REFILE-Wall Street bullish on ride-hailing firms on lower driver costs, recovery signs

06 May UPDATE 1-Portugal’s EDP posts 45% profit rise, sees only small impact from lockdown

06 May REFILE-UPDATE 1-Wall Street bullish on Lyft, Uber on lower driver costs, recovery signs

06 May UPDATE 2-Czech central bank surprises with hefty 75 bps rate cut

06 May UPDATE 2-European stocks lifted by Chinese export data, strong earnings

06 May Heathrow’s third runway project now ‘impossible’, says IAG chief

06 May UK regulators delay two-thirds of new measures in response to Covid-19

06 May Heathrow given permission to appeal against block on third runway

06 May UPDATE 1-ViacomCBS beats revenue, profit estimates as lockdowns boost demand for streaming

06 May FOCUS-To keep COVID-19 patients home, some U.S. states weigh house arrest tech

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