Uber Technology in the first quarter received a net profit of $2 billion 460 million dollars against a net loss of $847 million a year earlier. According to The Wall Street Journal, the company has made a profit by consolidating operations in Russia and southeast Asia with other companies. These deals, representing the sale of assets, brought Uber about $3 billion. Revenue for the period increased by 70% to $2 billion 590 million dollars. The total volume of orders grew by 55% year-on-year. Relative to the fourth quarter, revenue rose by 7.5%, volume of orders - by 4.3%.
BOJ offers $78 billion in loan to virus-hit firms in first phase of lending program23.06.2020
Japan factory activity at 11-year low as pandemic presses18.06.2020
Australian unemployment rate hits 19-year high, outlook remains dim17.06.2020
Tesla enters a three-year pricing deal with Panasonic for battery cells