February 18, 2020

SoftBank spends $2.5 billion to get second Vision Fund off the ground: sources

SoftBank Group Corp has pumped $2.5 billion of its own cash into new investments since October, people familiar with the matter said, hoping to restore its […]
February 18, 2020

U.S. mulls cutting Huawei off from global chip suppliers, with TSMC in crosshairs

The Trump administration is considering changing U.S. regulations to allow it to block shipments of chips to Huawei Technologies from companies such as Taiwan’s TSMC , […]
February 18, 2020

Stocks fall after Apple warns on coronavirus impact

Asian shares fell and Wall Street retreated from record highs on Tuesday after Apple Inc said it will not meet its revenue guidance for the March […]
February 18, 2020

Nissan’s new CEO says willing to be fired 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

HSBC sets new cost cutting, profit targets after 2019 profit falls 33%

HSBC Holdings PLC on Tuesday unveiled plans to cut costs and simplify its structure to boost earnings, after its 2019 profit dropped 33% hit by one-time […]
February 18, 2020

Oil prices fall as market weighs coronavirus demand impact

Oil prices fell on Tuesday, tracking losses in financial markets on lingering concerns over the economic impact of the coronavirus outbreak in China and its effect […]
February 18, 2020

Apple warns sales to fall short of target due to coronavirus impact

Apple Inc warned on Monday it was unlikely to meet its March quarter sales guidance set just three weeks ago as the world’s most valuable technology […]
February 18, 2020

Nissan CEO sees earnings, cashflow under pressure this business year

Nissan Motor Co Chief Executive Makoto Uchida on Tuesday said he expects weak global car sales to keep the Japanese automaker’s earnings and cashflow under pressure […]
February 18, 2020

Oil prices slip as coronavirus concerns linger

Oil prices slipped on Tuesday on lingering concerns over the economic impact of the coronavirus outbreak in China and its effect on oil demand, tracking losses […]
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