April 7, 2020

Toshiba should sell stake in ex-chip unit at IPO, says HK activist fund in letter

A Hong Kong-based activist investor in Toshiba Corp has asked the Japanese conglomerate to sell its entire stake in Kioxia Holdings when the flash memory chip […]
April 7, 2020

Cemex resumes Mexico operations after brief pause due to coronavirus

Mexican cement company Cemex said on Monday it would resume operations in the country, hours after announcing a pause, as fresh guidelines from the government permitted […]
April 7, 2020

Outbreak shows signs of leveling off in New York, New Jersey, but vigilance urged

The governors of New York, New Jersey and Louisiana pointed to tentative signs on Monday that the coronavirus outbreak may be starting to plateau in their […]
April 7, 2020

UPS employee dies of COVID-19 infection in Kentucky

A United Parcel Service Inc worker employed in Kentucky died over the weekend from a COVID-19 infection, Gov. Andy Beshear said at a public health briefing […]
April 7, 2020

Asian shares cautiously gain on virus hopes, dollar slips

Asian stock markets rallied for a second day on Tuesday, and riskier currencies rose, buoyed by tentative signs the coronavirus crisis may be levelling off in […]
April 7, 2020

Samsung Electronics beats first-quarter estimates, braces for bigger blow from coronavirus

Samsung Electronics Co Ltd said on Tuesday its first-quarter operating profit likely managed to rise slightly from a slump a year earlier, as solid chip sales […]
April 7, 2020

Oil gains as hopes rise for production cut amid coronavirus outbreak

Oil rose on Tuesday amid hopes that the world’s biggest producers of crude will agree to curtail production as the coronavirus pandemic ravages the global economy, […]
April 6, 2020

Trump says OPEC has not asked him for a U.S. oil production cut

President Donald Trump said on Monday that OPEC had not pressed him to ask U.S. oil producers to reduce their output to support global prices, which […]
April 6, 2020

Coronavirus spread may be leveling off in New York, New Jersey; vigilance urged

The governors of New York and New Jersey pointed to tentative signs on Monday that the coronavirus outbreak was starting to plateau but warned against complacency […]
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