February 17, 2020

Alstom in talks over $7 billion Bombardier rail deal

France’s Alstom is in talks to buy the train business of Canada’s Bombardier in a potential $7 billion deal that marks the latest attempt by Western […]
February 17, 2020

Global shares edge higher on Chinese support measures

Global shares rose on Monday as the promise of further policy stimulus to counteract the economic hit from a coronavirus outbreak calmed nervous investors. Powered by […]
February 17, 2020

Cathay Pacific flags ‘significant’ drop in first-half profit, capacity cuts due to coronavirus

Cathay Pacific Airways is expecting a significant drop in its first-half results and has also cut capacity due to the coronavirus outbreak, it said on Monday. […]
February 17, 2020

William Hill names DS Smith’s Adrian Marsh as CFO

British bookmaker William Hill on Monday named cardboard maker DS Smith’s Chief Financial Officer Adrian Marsh as its finance head. Powered by WPeMatico
February 17, 2020

Japan on brink of recession as economy contracts, virus heightens risk

Japan’s economy shrank at the fastest pace in almost six years in the December quarter as a sales tax hike hit consumer and business spending, raising […]
February 17, 2020

U.S. firms in China report staff shortages, say coronavirus hitting global operations: AmCham

Nearly half of the U.S. companies in China say their global operations are already seeing an impact from business shutdowns due to the coronavirus epidemic, according […]
February 17, 2020

Oil prices steady as coronavirus-related demand concerns weigh

Oil prices were little changed on Monday as concerns of falling fuel demand caused by the economic fallout from the coronavirus outbreak in China were offset […]
February 17, 2020

BOJ’s Kuroda flags more easing if virus impact worsens: Sankei

Bank of Japan Governor Haruhiko Kuroda said the central bank would consider additional rapid easing if the coronavirus outbreak significantly threatened Japan’s economy and price trends, […]
February 17, 2020

GM shuts Australia, NZ operations; sells Thai plant to Great Wall

General Motors Co said it would wind down its Australian and New Zealand operations and sell a Thai plant in the latest restructuring of its global […]
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