February 11, 2020

U.S. companies cut back on installing robots in 2019

U.S. companies installed fewer robots in 2019 than they did the year before, the first cut back since 2015, as a downturn in manufacturing fueled by […]
February 11, 2020

China’s central bank gives green light to Mastercard’s China JV for clearing business

China’s central bank said on Tuesday it has approved an application by Mastercard’s China joint venture to conduct bank card clearing operations in the country. Powered […]
February 11, 2020

JD Sports may have to sell Footasylum if it doesn’t address competition concerns: watchdog

UK sportswear retailer JD Sports may have to sell Footasylum if it does not address competition concerns about last year’s acquisition of its smaller rival, Britain’s […]
February 11, 2020

European stocks reach record highs on hopes virus is peaking

World stocks resumed rising towards record highs on Tuesday and the dollar reached a four-month high as China’s top medical advisor said the coronavirus epidemic may […]
February 11, 2020

U.S. judge expected to rule in favor of Sprint, T-Mobile merger: sources

A U.S. district judge is expected to rule in favor of allowing Sprint and T-Mobile US to merge over the objections of a group of state […]
February 11, 2020

Fed Chair Powell likely to give Congress largely positive economic update

Federal Reserve Chair Jerome Powell is likely to sound fairly upbeat about the outlook for U.S. economic growth when he testifies this week in the first […]
February 11, 2020

Lloyd’s of London sets up independent group to improve culture

Lloyd’s of London said on Tuesday that former Virgin Money boss Jayne-Anne Gadhia would be part of a committee to “drive long-term culture change” in the […]
February 11, 2020

Firm backed by Italy’s Gruppo San Donato could make offer for NMC

GKSD Investment Holding confirmed on Tuesday that it could make an offer to buy NMC Health , a day after the London-listed healthcare group revealed approaches […]
February 11, 2020

Metro CEO expects less than 30 Real stores to be closed – letter

German wholesaler Metro on Tuesday said it expects the future owners of its struggling Real hypermarkets unit to close less than 30 of the division’s stores, […]
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