Business – patestireland

05 Aug, 2020

Prada flags recovery in Asia after virus hits first-half sales

August 5, 2020August 3, 2020 patestirelandcom

Italian fashion group Prada (1913.HK) said on Wednesday sales had recovered sharply in Asia since June after the fallout from the coronavirus pandemic triggered a 40% decline for comparable revenues globally in the first half of the year. The revenue Read more

‘Back from the brink’ Deutsche Bank improves outlook

August 4, 2020August 3, 2020 patestirelandcom

Deutsche Bank (DBKGn.DE) on Wednesday gave a slightly improved outlook for the year after a better performance in investment banking curbed a second-quarter loss and boosted shares on Wednesday. The German bank is undergoing a major restructuring, which it began Read more

Rolls-Royce plans $1.9 billion share issue to bolster finances, sources say

August 3, 2020August 3, 2020 patestirelandcom

Rolls-Royce (RR.L) is planning a share issue to raise up to 1.5 billion pounds ($1.9 billion) to plug a capital shortfall as a slow recovery in demand for air travel threatens the aviation industry, four sources said. The British aerospace Read more