CHICAGO -- United Airlines (UAL) on Monday announced that it suffered a net loss of 1.4 billion dollars in the first quarter of 2021.

The U.S. airline's total operating revenue in the first quarter is 3.2 billion dollars, down 66 percent year-on-year; the operating expenses went down 49 percent; the first-quarter ending available liquidity is 21 billion dollars; and the first-quarter capacity dropped 54 percent year-on-year. (UAL-Q1-Financial Results)

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BERLIN -- Operating profit of German sanitary fittings manufacturer Hansgrohe increased by 9 percent year-on-year to 197 million euros (237.1 million U.S. dollars) in 2020, with sales in China up by almost 7 percent, the company said on Monday.

Sales of Hansgrohe declined by 1.4 percent year-on-year to 1.074 billion euros, according to the German company, which produces in five facilities, two in Germany, one each in France, the United States and China. (Germany-Hansgrohe-Sales)

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OTTAWA -- Canada's new housing construction rose record 21.6 percent in March due to loosening restrictions against the COVID-19 pandemic and warmer weather, according to Canada Mortgage and Housing Corporation on Monday.

The seasonally adjusted annualized rate of housing starts rose to 335,200 units in March. The rise was much larger than expected and marked the strongest single month since 1990. (Canada-Housing-Construction)

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BERLIN -- German stocks were almost unchanged at the start of trading on Tuesday, with the benchmark DAX index losing 7.24 points, or 0.05 percent, opening at 15,361.15 points.

The biggest winner among Germany's 30 largest listed companies at the start of trading was carmaker Daimler, increasing by 0.97 percent, followed by building materials company HeidelbergCement with 0.18 percent and carmaker Volkswagen with 0.13 percent. (German-Stocks) Enditem

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