February 18, 2020

Apple unlikely to meet revenue guidance due to coronavirus impact

Apple Inc warned on Monday it was unlikely to meet a sales target set just three weeks ago amid lost production and weakening demand in China […]
February 18, 2020

U.S. stock futures retreat, Asia dips after Apple warns on virus impact

U.S. stock futures slipped from record levels on Tuesday after Apple Inc said it will not meet its revenue guidance for the March quarter as the […]
February 17, 2020

Alstom to buy Bombardier rail unit for up to $6.7 billion

France’s Alstom has agreed to buy the rail division of Canada’s Bombardier for up to 6.2 billion euros ($6.7 billion) to create the world’s No. 2 […]
February 17, 2020

Euro zone ministers discuss fiscal boost options as virus worries weigh

Euro zone finance ministers discussed ways to pursue a more growth-friendly fiscal policy mix on Monday, in a potential nudge to Germany and the Netherlands to […]
February 17, 2020

Oil edges up as output cut hopes offset coronavirus concern

Oil prices inched up on Monday as concerns over the economic fallout from the coronavirus outbreak in China were offset by expectations that potential production cuts […]
February 17, 2020

French government to ensure Alstom-Bombardier deal creates value: minister

The French government will make sure the acquisition of Bombardier’s train business by Alstom creates value for the European rail industry and the staff of both […]
February 17, 2020

EU industry chief tells Facebook to adapt to EU, not other way round

EU industry commissioner Thierry Breton said on Monday it was for Facebook to adapt to Europe’s standards, not the other way round, as he criticized the […]
February 17, 2020

Exclusive: Italian government leaning towards third term for Eni CEO – sources

The Italian government is leaning toward reappointing Claudio Descalzi as CEO of state-controlled oil firm Eni, provided he will work with a new board to speed […]
February 17, 2020

Facebook warns of risks to innovation, freedom of expression ahead of EU rules

Facebook warned of threats to innovation and freedom of expression on Monday, ahead of the release of a raft of rules by the European Union this […]
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