March 2, 2020

Nokia appoints Fortum CEO Lundmark to replace Suri from September

Nokia Chief Executive Rajeev Suri will step down in September and be replaced by Pekka Lundmark, who used to work for the Finnish company and is […]
March 2, 2020

Incoming Nokia CEO says too early to comment on strategic changes

Finnish telecom equipment maker Nokia’s incoming chief executive Pekka Lundmark told a news conference on Monday it was too soon to talk about any strategic changes. […]
March 2, 2020

Goldman Sachs halts all non-essential business travel: memo

Goldman Sachs Group Inc has told its staff that all non-essential business travel should be postponed, according to a memo seen by Reuters. Powered by WPeMatico
March 2, 2020

Coronavirus hits global factories, policy easing prospects rise

Global factories took a beating in February from the coronavirus outbreak with activity in China shrinking at a record pace, surveys showed on Monday, raising the […]
March 2, 2020

Airline body IATA calls on Mideast governments to help airlines handle coronavirus outbreak

Middle East governments should consider providing support to airlines to help them manage the impact of the coronavirus outbreak, which has led to a raft of […]
March 2, 2020

Hyundai Motor’s February sales down 13% amid coronavirus outbreak

South Korea’s Hyundai Motor said on Monday its sales fell 13% on-year to 275,044 vehicles globally in February amid a coronavirus outbreak that disrupted supply of […]
March 2, 2020

Asian shares rebound as markets bet on coordinated policy stimulus

Asian shares regained a measure of calm on Monday as markets bounced after a searing sell-off last week and as investors pinned hopes on a likely […]
March 2, 2020

Coronavirus expected to hurt U.S. earnings harder and longer

The hit to U.S. corporate earnings from the coronavirus epidemic is getting harder and messier to predict. Powered by WPeMatico
March 2, 2020

Nike temporarily closes European headquarters due to coronavirus case

Nike’s European headquarters in the Netherlands will be closed on Monday and Tuesday after an employee was infected with the coronavirus. Powered by WPeMatico
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