HSBC loses $ 200 million in the gold market in just one day

HSBC in Hong Kong The British bank with a strong focus on Asia has announced a far-reaching restructuring. (Photo: AFP) London The UK’s major bank HSBC lost around $ 200 million in the gold market in just one day in March, the amount the bank and other large gold market players typically earn in the […]

Sony expects profit slump – Playstation 5 is coming for Christmas

Tokyo Sony chief financial officer Hiroki Totoki had good news for video game fans and investors this Wednesday: “Preparations for Playstation 5 are on schedule,” said the vice president of the electronics and entertainment company at the group’s press conference in Tokyo. This means that the game console will probably be able to hit the […]

Corona crisis causes high loss in electronics business

Sony Showrrom in Tokyo The operating loss in the electronics division rose by around half to around 60 billion yen (512 million euros). (Photo: dpa) Tokyo Sony’s electronics business has been hard hit by the corona crisis. As a result, the division’s operating profit was about 35.1 billion yen lower last quarter, Sony estimated on […]

T-Mobile US earns significantly more

T-Mobile The mobile phone company was able to acquire more than 450,000 new customers. (Photo: dpa) Bellevue, Berlin The US subsidiary of the Bonn-based Telekom group increased its profit significantly in the first quarter despite the negative effects of the corona crisis. Compared to the previous year’s figure, the surplus increased by around five percent […]

Uber has lost billions – Wall Street is celebrating

San Francisco Even before the quarterly figures were published on Thursday, the shares of taxi rival Uber were in unusually high demand. The stock closed 11 percent higher at $ 30.93. After the publication of a gigantic loss of almost three billion dollars in the first quarter, investors even made up for it after the […]

Uber has lost billions due to the corona crisis

Over The group wants to cut 14 percent of its jobs. (Photo: AP) San Francisco The travel agent Uber has gone deep into the red due to the corona crisis. In the first quarter, the loss increased by 190 percent year-on-year to $ 2.9 billion, as the taxi competitor announced on Thursday after the US […]

T-Mobile earns significantly more – customer flow in the corona crisis

T-Mobile The mobile phone company was able to acquire more than 450,000 new customers. (Photo: dpa) Bellevue, Berlin The US subsidiary of the Bonn-based Telekom group increased its profit significantly in the first quarter despite the negative effects of the corona crisis. Compared to the previous year’s figure, the surplus increased by around five percent […]

Despite the corona crisis, Zalando expects sales growth in 2020

Berlin The online fashion retailer Zalando expects sales growth of between ten and 20 percent this year despite the virus effects. In addition, an adjusted profit (EBIT) of between 100 and 200 million euros is expected, the group said on Wednesday evening. At the end of March, Zalando cut its annual forecast due to the […]