February 13, 2020

Improving Nestle reins in growth ambitions

Food giant Nestle will hit its 2020 organic growth target later than envisaged, it said on Thursday after posting its highest annual growth in four years […]
February 13, 2020

Barclays chief Staley probed over Epstein ties

Britain’s financial regulators are probing historical links between Barclays Chief Executive Jes Staley and the U.S. financier Jeffrey Epstein, who killed himself while awaiting trial on […]
February 13, 2020

Nissan slashes full-year profit forecast after sales slump

Nissan Motor Co on Thursday cut its annual operating profit forecast by 43%, hit by a slump in vehicle sales and heaping more pressure on new […]
February 13, 2020

Google seals takeover of Looker after UK green light

Alphabet Inc-owned Google said on Thursday it has completed its $2.6 billion buyout of privately held big-data analytics firm Looker Data Sciences after winning clearance from […]
February 13, 2020

Oil prices mixed as demand concerns outweigh output cut expectations

Oil prices were mixed on Thursday as concerns about falling demand caused by travel restrictions tied to the coronavirus outbreak in China, the world’s biggest oil […]
February 13, 2020

Airbus to buy rest of Bombardier stake in A220 passenger jet program

European planemaker Airbus has reached a deal to buy the remaining stake of Canadian plane and train maker Bombardier in the A220 passenger jet program, it […]
February 13, 2020

SoftBank profit wiped out by Vision Fund losses, second fund scaled back

Quarterly profit at SoftBank Group Corp was almost wiped out as the Japanese technology giant was hit for a second straight quarter by losses at its […]
February 13, 2020

Jump in new coronavirus cases stymies stock rally

Asian stock markets wobbled on Thursday while safe-havens such as the yen, gold and bonds rose as the number of new coronavirus cases and deaths in […]
February 13, 2020

Oil rises for third day as coronavirus impact may spur output cuts

Oil prices rose for a third day on expectations that major producers are likely to enact deeper output cuts to offset the slump in demand caused […]
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