Noble Corp. Files Chapter 11 to Slash $4B in Debt
Offshore drilling contractor Noble Corp., which had been struggling with reduced demand amid plunging oil prices, has filed for bankruptcy...
Month: August 2020
First half 2020 results – Atos
Strong commercial dynamic Order entry up +9.4{f08ff3a0ad7db12f5b424ba38f473ff67b97b420df338baa81683bbacd458fca} year-on-year, Book to bill ratio at 112{f08ff3a0ad7db12f5b424ba38f473ff67b97b420df338baa81683bbacd458fca} (Q2 at 121{f08ff3a0ad7db12f5b424ba38f473ff67b97b420df338baa81683bbacd458fca})Revenue at € 5,627 million,...
U.S. Economy Shrinks by Record 32.9{f08ff3a0ad7db12f5b424ba38f473ff67b97b420df338baa81683bbacd458fca} in Q2
The U.S. economy contracted at a record rate in the second quarter, underscoring the drastic impact of the coronavirus pandemic...
Stay-at-Home Demand Drives Apple Growth
Apple reported sales growth across all its products, with iPads and Mac computers in particular benefiting from the shift to...
CFOs On the Move: Week Ending July 31
Debi Chirichella Hearst named Debi Chirichella as interim president of its magazine group. Chirichella has been the magazine group’s finance...
Twitter Bitcoin Hack Caused by Phone-Based Phishing Attack
Twitter has disclosed more details about the July 15 incident in which hackers were able to access the accounts of...
India’s Home Minister Amit Shah Tests Positive for Coronavirus
NEW DELHI—India’s powerful home minister said that he tested positive for coronavirus and was admitted to a hospital Sunday, a...
U.S. Consumer Spending Rises 5.6{f08ff3a0ad7db12f5b424ba38f473ff67b97b420df338baa81683bbacd458fca} in June
U.S. consumer spending rose sharply for a second straight month in June though economists fear the recovery may be dampened...
Some (Modest) Good News on Covid-19: Doctors Are Getting Better at Treating It
ROME—When the new coronavirus swept into northern Italy in late February, doctors were so in the dark about how to...
Europe Plunges Into Recession as Economy Suffers Record Contraction
FRANKFURT—Stringent lockdowns to prevent the spread of Covid-19 weighed heavily on Europe’s economy in the second quarter, causing a record...
