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
March 2, 2020

Swiss National Bank to double payout after posting $50 billion profit

The Swiss National Bank posted an annual profit of 48.9 billion Swiss francs ($50.71 billion), the central bank said on Monday, and said it would double […]
March 2, 2020

Nokia appoints Fortum CEO Lundmark to replace Suri from September 1

Nokia Chief Executive Rajeev Suri will step down in September and is to be replaced by Pekka Lundmark, until now the CEO of energy group Fortum, […]
March 2, 2020

Samsung starts building $220 million R&D center in Vietnam

Samsung Electronics has started building a $220 million research and development center in Vietnam, the South Korean tech giant’s local unit said on Monday. Powered by […]
March 2, 2020

Coronavirus deals shattering blow to Asian factories

Asia’s 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

Oil comes off lows as hopes of OPEC cut, stimulus counter virus gloom

Oil prices rebounded more than $1 a barrel after earlier hitting multi-year lows on Monday, as hopes of a deeper cut in output by OPEC and […]
March 2, 2020

Amazon confirms two employees in Italy have contracted coronavirus

Amazon.com Inc said late on Sunday that two employees in Milan, Italy, have contracted the coronavirus and are under quarantine. Powered by WPeMatico
March 1, 2020

United Airlines CEO says it ‘likely’ it will need to cut additional flights

United Airlines Chief Executive Oscar Munoz told employees the U.S. airline would likely need to cut additional flights in the wake of sagging demand because of […]
March 1, 2020

U.S. officials talk down coronavirus market panic, tout economic strength

Senior officials in President Donald Trump’s administration on Sunday tried to calm market panic that the coronavirus could cause a global recession, saying the U.S. public […]
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