February 20, 2020

UBS’s tech-savvy new boss Hamers not always loved by the Dutch

Ralph Hamers made his mark as a tech-savvy chief executive who led Dutch bank ING back to profitability after cementing its position as a no-frills lender […]
February 20, 2020

Shares of HNA affiliates rally after report of China bailout plan

Shares in affiliates of HNA Group surged on Thursday following a news report that China plans to take over the debt-laden conglomerate as the coronavirus outbreak […]
February 20, 2020

Israel’s Wix.com sees 2020 revenue reaching almost $1 billion

Wix.com, which helps small businesses build and operate websites, reported a smaller-than-expected decline in fourth-quarter net profit and forecast a revenue rise of about 25% this […]
February 20, 2020

Oil near one-month high on supply threats, easing demand woes

Brent oil prices held near one-month highs on Thursday supported by China’s efforts to boost its economy, a drop in new coronavirus cases at the epicentre […]
February 20, 2020

Dollar tramples yen and everything else in its path

The dollar trampled everything in its path on Thursday after a steep and sudden slide in the Japanese yen called into question its safe haven status […]
February 20, 2020

Volkswagen CFO will leave in summer next year: Manager Magazin

Volkswagen finance chief Frank Witter will leave the German car group in the summer of 2021, business publication Manager Magazin reported on Thursday. Powered by WPeMatico
February 20, 2020

Foxconn says cautiously resuming China output, warns coronavirus will hit revenue

Apple iPhone maker Foxconn said on Thursday it is cautiously restarting production at its main plants in China and warned revenue will be hurt this year […]
February 20, 2020

BAE Systems predicts 2020 growth despite Saudi ban

Britain’s BAE Systems forecast another year of growth in 2020, saying the company was well-placed to take advantage of increased defence spending that could help to […]
February 20, 2020

BAE Systems CEO optimistic about future Typhoon orders

The chief executive of BAE Systems is optimistic about the future of the Typhoon fighter jet, saying that more orders were possible. Powered by WPeMatico
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