The Monopoly board game from toy maker Hasbro at a New York City toy store. fake pictures Store closings, product shortages, and reduced retail inventory hampered Hasbro in the second quarter as the company faced the consequences of the global coronavirus pandemic. Despite strong demand for toys in the quarter, …
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The passenger aircraft, operated by Ryanair Holdings, are on the runway at London Stansted Airport in Stansted, UK, on May 1, 2020. Chris Ratcliffe | Bloomberg | fake pictures Ryanair posted a net loss of 185 million euros ($ 216.4 million) during the first quarter of its 2021 fiscal year, …
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BEIJING (Reuters) – China’s industrial companies’ profits rose for the second consecutive month and at the fastest pace in more than a year, adding to signs that the country’s economic recovery from the coronavirus crisis is winning impulse. FILE PHOTO: A worker welds a steel bicycle tire at a factory …
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Text size David McNew / Getty Images Oil services company Schlumberger is cutting 21,000 jobs after a disastrous quarter. Analysts are optimistic. Schlumberger’s (ticker: SLB) second-quarter results, released Friday morning, were grim at first glance: a 35% year-over-year revenue decline and a plan to cut a quarter from staff. But …
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Despite the fact that Big Tech’s day in the antitrust spotlight is delayed, next week will be a great test for the biggest names on Wall Street. Parent company of Google Alphabet Inc. GOOGL, -0.56% GOOG, -0.25% , Amazon.com Inc. AMZN, + 0.74% Apple Inc. AAPL, -0.24% and Facebook Inc. …
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