Aviation manufacturer Boeing has said it is booking a $4.9 billion (£3.9bn) charge to cover possible compensation to airlines that have cancelled thousands of flights since the 737 Max jet was grounded after two accidents.
The aeroplane builder also said the Max-related pressure will cut almost $5.6bn (£4.5bn) from its revenue and pre-tax earnings in the April-through-June quarter.
The Chicago-based company said the calculations were based on an assumption that regulatory approval for the plane's return to flying will begin early in the fourth quarter.
READ MORE: Boeing estimates it will cost $1bn to fix 737 Max
The timing is earlier than some analysts expected and may have contributed to a rally in Boeing shares in after-hours trading. Boeing is scheduled to report its quarterly results next week.
It also raised its estimate of Max production costs by $1.7bn (£1.3bn) because output will be curtailed longer than expected.
Microsoft has put its latest financial results success down to deep partnerships, despite a slowdown in sales of the Xbox.
The firm reported total revenue of $33.7bn (£26.7bn) for the last three months, up from $30.1bn (£23.8bn) during the same period in 2018.
It also revealed net income of $13.2bn dollars (£10.4 billion) for the three months up until June 30.
Much of the growth came from its service offerings, particularly cloud computing which achieved revenue of $11bn dollars (£9bn) - an increase of 39 per cent year-over-year - Microsoft said.
However, there were disappointing numbers for gaming, with revenue said to be down 10%, and Xbox software and services revenue dropping 3%.
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Xbox hardware revenue declined by almost half (48%), which the firm said was primarily due to a decrease in volume of consoles sold.
Chief executive Satya Nadella said the company's performance was thanks to its commitment to working with other firms in the digital space.
"It was a record fiscal year for Microsoft, a result of our deep partnerships with leading companies in every industry," Mr Nadella explained.
Deliveroo has expanded its services for restaurants by launching a new platform for buying ingredients.
The new Food Procurement arm allows restaurants to buy ingredients and supplies at better prices through Deliveroo, the company said.
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The expansion is part of Deliveroo's efforts to become a one-stop shop for restaurants after securing a recent £450 million cash injection from an Amazon-backed funding round.
Restaurants will be able to save more than 20% on their ingredients bills while smaller independent outlets could save 40% through the new food procurement platform, Deliveroo claimed.
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