March 4, 2020

Oil rise as OPEC, allies move closer to deeper output cuts

Oil prices rose on Wednesday on hopes that major producers have made progress towards sealing an agreement to implement deeper output cuts aimed at offsetting the […]
March 4, 2020

Factbox: Airlines’ steps to revive bookings hit by global coronavirus outbreak

In an effort to win over passengers hesitant about traveling in the midst of a spreading coronavirus outbreak, some airlines are offering free rebooking options. Powered […]
March 4, 2020

Asian shares struggle despite Fed cut; resurgent Biden boosts U.S. futures

Asian shares struggled to find their footing on Wednesday and bonds held stunning gains, as an emergency rate cut from the U.S. Federal Reserve seemed to […]
March 4, 2020

How an ill-timed bet on a U.S. oil refinery cost ICBCS millions

A team of ICBC Standard bankers celebrated in London last June after closing its first major U.S. refinery deal and gaining a foothold in the biggest […]
March 4, 2020

Asian shares struggle for traction as Fed cut fails to boost confidence

Asian shares struggled to find footing on Wednesday and bonds held stunning gains, as an emergency rate cut from the U.S. Federal Reserve seemed to stoke […]
March 4, 2020

Resiliency test: How well can Chinese firms cope financially from a virus hit?

As companies in China gradually restart business following the extended Lunar New Year break, investors are fretting over the financial impact of the coronavirus outbreak that […]
March 4, 2020

Amazon confirms first coronavirus case among U.S. employees

Online retailer Amazon.com Inc said on Tuesday an employee in the United States tested positive for the coronavirus. Powered by WPeMatico
March 4, 2020

Oil rises as OPEC+ moves closer toward deeper output cut

Oil prices rose more than 1% on Wednesday on expectations that major producers have moved closer to an agreement to enact deeper output cuts aimed at […]
March 4, 2020

Exclusive: SoftBank-backed CloudMinds blocked from exporting U.S. tech to China

SoftBank-backed startup CloudMinds has been blocked from sharing U.S.-origin technology with its China business, documents showed, illustrating how increased U.S. government restrictions are creating new headaches […]
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