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Highlights: July 20, 2020 - July 23, 2020

Christian Fernsby ▼ | July 27, 2020
The most interesting stories that marked last week.
What happened last week
What happened last week  
Japan's exports fall for 19th straight month

Japan oilJapan's exports declined for the 19th straight month in June due to the impact of the coronavirus pandemic, though trade with China showed some signs of recovery....

Philips Q2 sales EUR 4.4 billion

PhilipsPhilips delivered Q2 sales of EUR 4.4 billion; income from continuing operations of EUR 213 million, Adjusted EBITA margin of 9.5% and operating cash flow of EUR 558 million....

Marks and Spencer to cut 950 jobs in response to pandemic

Marks and SpencerMarks and Spencer has put 950 jobs at risk as the retail group steps up a revamp in response to the coronavirus pandemic....

Chevron agrees to buy Noble Energy for $5 billion

Noble EnergyChevron agreed to buy Noble Energy for about $5 billion in shares....

Eldorado Resorts and Caesars Entertainment complete $17.3 billion merger

Eldorado ResortsCaesars Entertainment, Inc., formerly known as Eldorado Resorts, Inc., completed its acquisition of Caesars Entertainment Corporation....

Adevinta to acquire eBay Classifieds Group, eBay Classifieds in Denmark

AdevintaAdevinta ASA announced a definitive agreement with eBay Inc. to acquire 100 percent of eBay Classifieds Group....

BMW signs $2.3 billion battery deal with Sweden's Northvolt

BMW GroupBMW Group is driving the expansion of electromobility and has signed a long-term supply contract worth 2 billion euros for battery cells with the Swedish company Northvolt....

United Airlines hit with $1.6 billion loss in most difficult second quarter

United AirlinesUnited Airlines announced second quarter 2020 financial results, the most difficult financial quarter in its history, with a net loss of $1.6 billion, and an adjusted net loss of $2.6 billion....

Daimler revenue slipped significantly 29%

Daimler busses VietnamDaimler reported its results for the second quarter, which ended June 30, 2020....

Hyundai Motor Q2 profit slumps 75%

HyundaiHyundai Motor said on Thursday second quarter profit slumped 75% from a year earlier....

Kia Motors Q2 net profit down 100 percent

KiaKia Motors on Thursday reported its second-quarter net income of 126.3 million won (US$ 0.1 million), down 100 percent from a year earlier....

After more than 20 years, Namibia Wildlife Resorts declares profit

Namibia Wildlife ResortsAfter more than 20 years, Namibia Wildlife Resorts (NWR) managed to record a profit for the first time since it was created in 1999....

PetroChina to sell major pipeline assets to PipeChina for $38 billion

PetroChinaPetroChina said on Thursday it would sell its major oil and gas pipelines and storage facilities to the newly launched China Oil and Gas Pipeline Network for 268.7 billion yuan ($38.36 billion)....

Centrica announces sale of its North American business for $3.625 billion

CentricaCentrica announced that it has entered into an agreement to sell its North American energy supply, services and trading business, Direct Energy, to NRG Energy for $3.625 billion in cash on a debt free, cash free basis....


 

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