 | | | | Oil prices were steady on Tuesday, with demand worries due to a rise in coronavirus cases worldwide undermining support coming from hopes for additional U.S. economic stimulus measures. | | | | | | Harley-Davidson Inc on Tuesday revealed a strategy to restructure its business after reporting an unexpected quarterly loss due to disruptions caused by the coronavirus pandemic. | | | | | | More than half of sovereign wealth funds responding to a new survey expect a U-shaped recovery in the global economy from the COVID-19 crisis, with developed markets likely to be best placed to recover. | | | | | | Hyundai Motor Co , an early backer of hydrogen cars, has watched the electric rise of Tesla, including on its home turf. Now's it's going on the offensive in the battery-powered market led by its U.S. rival. | | | | | | Pfizer Inc beat analysts' estimates for second-quarter profit on Tuesday and raised its full-year forecast, as demand for cancer drug Ibrance and blood thinner Eliquis offset lower uptake of some of its treatments in the COVID-19 pandemic. | | | | | | U.S. industrial conglomerate 3M Co missed Wall Street estimates for quarterly profit and revenue on Tuesday, hurt by a plunge in demand across its business units due to the coronavirus crisis. | | | | | | McDonald's Corp on Tuesday reported a bigger-than-expected drop in global same-store sales and missed profit expectations, as its restaurants were shut due to the COVID-19 pandemic, limiting operations to only drive-thru and delivery. | | | | | | Florida's Basic Fun has seen a sharp pickup in business since coronavirus shutdowns started lifting in May, but the toy importer needs more cash to buy goods for the Christmas shopping season. | | | | | | LVMH's shares fell on Tuesday, weighing on the broader European luxury goods sector, after the COVID-19 pandemic tore a hole into the Louis Vuitton owner's second-quarter results. | | | | | | An accelerating decline in the U.S. dollar is reverberating around the world, adding fuel to a global momentum rally that has boosted prices for everything from technology stocks to gold. | | | | | |
