February 18, 2020

Coronavirus dents bookings for Holiday Inn owner IHG

InterContinental Hotels (IHG) warned on Tuesday that fewer travellers are booking its rooms in China because of the coronavirus outbreak. Powered by WPeMatico
February 18, 2020

Factbox: JPMorgan names new global leaders at investment bank – sources

JPMorgan has shifted some of its top dealmakers to a newly-created executive committee of global chairs of investment banking to deepen ties with major clients and […]
February 18, 2020

Oil drops below $57 on coronavirus impact and OPEC+ delay

Oil fell below $57 a barrel on Tuesday, pressured by concerns over the impact on oil demand from the coronavirus outbreak in China and a lack […]
February 18, 2020

Walmart’s holiday sales hurt by shorter season, lower demand for apparel

Walmart Inc reported lower-than-expected holiday quarter U.S. comparable sales on Tuesday as a shorter holiday season and weak demand for apparel, toys and electronics hurt sales […]
February 18, 2020

Nissan CEO tells angry shareholders he is ready to be sacked if no turnaround

Nissan’s new chief executive said on Tuesday he would accept being fired if he fails to turn around Japan’s second biggest automaker which is grappling with […]
February 18, 2020

Apple hits stocks, euro near three-year low

World stocks markets were knocked off record highs on Tuesday as two of the world’s mega companies reported damage from the coronavirus outbreak. Powered by WPeMatico
February 18, 2020

Boy Scouts of America files bankruptcy in wake of abuse lawsuits

The Boy Scouts of America said on Tuesday it had filed for Chapter 11 bankruptcy amid a flood of lawsuits over allegations of child sexual abuse […]
February 18, 2020

If Apple is hurting due to the coronavirus, its suppliers and rivals likely are too

Apple Inc’s surprise warning that it will likely fall short of this quarter’s sales target due to the coronavirus epidemic points to much pain for its […]
February 18, 2020

China races to contain job losses as coronavirus batters economy

When cameraman Mark Xia returned to his job this month after holidays, the Shanghai video production house where he worked told him to take three months […]
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