February 5, 2020

Oil prices jump 2% as virus vaccine reports spur hope

Oil prices jumped about 2% on Wednesday on media reports that suggested scientists were developing a vaccine for the fast-spreading coronavirus, even as world health experts […]
February 5, 2020

Uber wins appeal in Brazil, court says drivers are not employees

A higher court for labor in Brasilia ruled on Wednesday that there was no employment relationship between Uber and its drivers, siding with the ride-hailing company […]
February 5, 2020

Avianca’s top shareholder says has no knowledge of alleged Airbus bribes

German Efromovich, the majority shareholder in Latin American airline Avianca , said on Wednesday he does not have any knowledge of widespread bribes allegedly paid by […]
February 5, 2020

Wall Street gains after strong U.S. data, waning virus fears; Tesla limits Nasdaq’s rise

U.S. stocks rallied for a third straight day on Wednesday on encouraging U.S. economic data and waning fears of the financial fallout from a virus out […]
February 5, 2020

Ford says Canadian agency investigating emissions certification process

Ford Motor Co said Wednesday Canadian officials have opened a preliminary investigation into the automaker’s emissions certification process. Powered by WPeMatico
February 5, 2020

Exclusive: Kia in talks over moving $1.1 billion plant to another Indian state – sources

South Korea’s Kia Motors is discussing with the Indian state of Tamil Nadu the possibility of moving a $1.1 billion plant out of neighboring Andhra Pradesh […]
February 5, 2020

France’s BNP Paribas on prowl for further European expansion

BNP Paribas is looking for further opportunities to expand its investment banking franchise in Europe and fortify its lead over local rivals after last year taking […]
February 5, 2020

LinkedIn CEO Jeff Weiner to step down

Professional networking platform LinkedIn’s chief executive officer, Jeff Weiner, said on Wednesday that he would step down from his position effective June 1. Powered by WPeMatico
February 5, 2020

Wall Street rises on strong data; Tesla limits Nasdaq’s advance

Wall Street rallied for a third straight day on Wednesday after a clutch of positive data painted a stronger picture of the U.S. economy but the […]
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