March 31, 2020

Yen declines on year-end U.S. dollar demand

The dollar rose against the yen on Tuesday amid fiscal year-end demand by Japanese companies and the Chinese yuan stood firm after a survey showed manufacturing […]
March 31, 2020

Huawei posts 5.6% rise in 2019 profit, smallest increase in three years

China’s Huawei Technologies reported its smallest annual profit increase in three years, hurt by weak overseas sales amid an intensifying U.S. campaign to restrict its global […]
March 31, 2020

China sales seen picking up after coronavirus blow: Volkswagen

Volkswagen expects vehicle sales in China, the world’s largest car market, to quadruple in March, it said, pointing to a recovery following the coronavirus pandemic. Powered […]
March 31, 2020

China factory activity unexpectedly expands, but economy cannot shake off virus shock

Factory activity in China unexpectedly expanded in March from a collapse the month before, but analysts caution that a durable near-term recovery is far from assured […]
March 31, 2020

Ad giant WPP pulls dividend, buyback and outlook

WPP , the world’s biggest advertising company, said it was pulling its dividend and share buyback, and withdrawing its guidance for 2020 after the coronavirus outbreak […]
March 31, 2020

Oil rises from 18-year lows after U.S., Russia agree to talks

Oil recovered ground on Tuesday after U.S. President Donald Trump and Russian President Vladimir Putin agreed to talks to stabilize energy markets, with benchmarks climbing off […]
March 31, 2020

Global M&A dwindles as coronavirus batters world’s economies

Global mergers and acquisitions activity plunged 28% in the first quarter to its lowest level since 2016 as the devastating economic effects of the coronavirus pandemic […]
March 31, 2020

Wall Street rallies, led by healthcare jump

U.S. stocks rallied on Monday, led in part by a climb in healthcare stocks as investors looked for shares that have become cheap and can withstand […]
March 31, 2020

World equity markets edge higher; oil plunges to 2002 lows

Global equity benchmarks rose on Monday despite a drop in oil prices to their lowest levels since 2002, as central banks and the United States tried […]
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