February 7, 2020

U.S. payroll gains seen picking up, benchmark revisions under spotlight

U.S. job growth likely picked up in January, with unseasonably mild temperatures seen boosting hiring in the weather-sensitive sectors, indicating the economy will probably continue to […]
February 7, 2020

Trump, Xi reaffirm backing for Phase 1 of U.S.-China trade deal

U.S. President Donald Trump expressed confidence in China’s strength and resilience in confronting its coronavirus outbreak during a conversation with President Xi Jinping on Thursday, a […]
February 7, 2020

Exclusive: Goldman Sachs to raise $8 billion for new buyout fund – sources

Goldman Sachs Group Inc plans to raise $8 billion in only its second buyout fund since the 2008 financial crisis, bolstering its ability to secure deals […]
February 7, 2020

Toyota keeps China plant output stopped through Feb. 16 as virus hits supply, logistics

Toyota Motor Corp on Friday said production at all of its China plants would remain suspended through Feb. 16, joining a growing number of automakers facing […]
February 7, 2020

Honda to keep vehicle plants in Wuhan suspended through Feb. 13

Honda Motor Co said Friday it will keep operations at its vehicle plants in Wuhan, China, suspended through Feb. 13, as previously planned. Powered by WPeMatico
February 7, 2020

Rally in stocks runs out of steam as coronavirus toll climbs

Asian share markets slipped on Friday and oil price gains stalled, as the growing death toll and economic damage from the coronavirus outbreak put a lid […]
February 7, 2020

South Korea asks China for help in resuming production at auto parts plants

The South Korean government said on Friday it has asked Chinese regional governments for help in resuming production at South Korean auto parts suppliers’ factories in […]
February 6, 2020

Uber sees profit by end of 2020, but still expects full-year loss

Uber Technologies Inc on Thursday moved forward by a year its target to achieve a measure of profitability to the fourth quarter of 2020, but the […]
February 6, 2020

On shareholder vote reforms, BlackRock sits on the fence

BlackRock Inc declined to back or reject a regulatory proposal to reform the shareholder resolution process in a long-awaited letter distributed on Thursday, seeking instead a […]
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