Ford put in a better second-quarter performance than expected, narrowing GM’s lead and relieving some of the pressure on CEO Jim Hackett. Read more on Corona Capital:
is likely to represent half of global luxury revenue in 2020, up from 36% last year. But the industry’s road to full recovery is tortuous as long as travel stays on hold and the rest of the world underperforms. Prada doesn’t expect to regain 2019 revenue levels until the end of 2021. For weaker players like Salvatore Ferragamo and Tod’s, the wait could be even longer. Britain’s 18 billion pound Lloyds Banking Group spooked investors on Thursday with a whopping 2.
Perversely, it could be a sign of strength. By taking the pain early, Horta-Osório has a bigger cushion to absorb actual loan losses. It’s unlikely that he’ll have to book additional hefty charges when government pandemic support programmes tail off later this year. Combined with a beefy 14.6% common equity Tier 1 capital ratio, that reduces uncertainty for investors. It also sends a useful signal to supervisors.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Corona Capital: UPS, Nestlé, MediobancaCovid-19 gives UPS pricing power, Nestlé is ready to pounce for pets, and Mediobanca’s coffers are well stuffed. Catch up with the latest pandemic-related financial insights from Breakingviews here:
Weiterlesen »
Corona Capital: Samsung, Luxury, LloydsConcise views on the pandemic’s corporate and financial fallout: Samsung’s late but welcome greening; China’s renewed enthusiasm for luxury goods; and Lloyds’ strategic disappointment.
Weiterlesen »
Jezebel Olympics Day 4: Lunch in the Time of CoronaWelcome to an extra hot and spicy round of the Jezebel Summer Olympics. First, we’d like to take a moment here at the Jez Sports Network to thank today’s sponsor: peanut butter. If it’s peanuts and it’s butter? It’s probably edible. Having done all they could in the realm of arts and crafts for Wednesday’s competition, our Olympians turned their attention to the kitchen, where lead judge Clover Hope asked them to create a suitable lunch by combining two unexpected star ingredients. Since Clover and the panel of esteemed judges could not taste the lunches our competitors were judged on unexpected combos, presentation, and most importantly resourcefulness. Surprisingly, most of the contestants turned to peanut butter.\n
Weiterlesen »
Make a socially distanced day trip to this dreamy sculpture exhibit in Corona del MarViewed in the midst of a pandemic, this art-filled garden in Corona del Mar provides a sense of calm. It's the perfect afternoon getaway you could use right now.
Weiterlesen »
Ford posts profit, but expects full-year 2020 lossFord Motor Co on Thursday said it expects a full-year loss but added it should have ample cash on hand throughout the rest of 2020, even if global demand falls further or the COVID-19 pandemic forces more shutdowns of vehicle assembly plants.
Weiterlesen »
Ford beats on Q2 earnings — and logs 150,000 reservations for its new Bronco SUV - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »