February 18, 2020

French finance minister warns Renault against job cuts, factory closures

French Finance Minister Bruno Le Maire warned Renault on Tuesday against shutting factories in France and cutting jobs there after the carmaker announced “no taboos” cost […]
February 18, 2020

Hong Kong protests hurt Holiday Inn-owner IHG, sees pain from virus outbreak

Holiday Inn-owner InterContinental Hotels Group reported on Tuesday a slight dip in annual room revenue, hurt by a fall in bookings in Hong Kong due to […]
February 18, 2020

Recession risk forces BOJ to row back on inflation goal

The widening economic fallout from the coronavirus outbreak and soft consumption are forcing the Bank of Japan to message more strongly that it is no longer […]
February 18, 2020

BTG Pactual founder Esteves returns to center stage amid speculation on role

Banco BTG Pactual SA founder Andre Esteves will be the marquee speaker at a wide-ranging event on Tuesday sponsored by the Brazilian investment bank, marking a […]
February 18, 2020

China to grant tariff exemptions on 696 U.S. goods to support purchases

China will grant exemptions on retaliatory duties imposed against 696 U.S. goods, the most substantial tariff relief to be offered so far, as Beijing seeks to […]
February 18, 2020

Exclusive: Tesla in talks to use CATL’s cobalt-free batteries in China-made cars – sources

Tesla is in advanced stages of talks to use batteries from CATL that contain no cobalt – one of the most expensive metals in electric vehicle […]
February 18, 2020

HSBC to slash investment bank, 35,000 jobs in strategy overhaul

HSBC Holdings PLC said on Tuesday it would shed $100 billion in assets, shrink its investment bank and revamp its U.S. and European businesses in a […]
February 18, 2020

Oil prices fall 1% as market weighs coronavirus impact on demand

Oil prices fell by more than 1% on Tuesday, tracking losses in financial markets on lingering concerns over the economic impact of the coronavirus outbreak in […]
February 18, 2020

Amazon’s Bezos pledges $10 billion to climate change fight

Amazon Chief Executive Officer Jeff Bezos will commit $10 billion to fund scientists, activists, nonprofits and other groups fighting to protect the environment and counter the […]
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