February 6, 2020

Korean Air says will sell a property in Seoul, non-core unit

Korean Air Lines said on Thursday it will sell a property in downtown Seoul and one of its non-core business units in line with its goal […]
February 6, 2020

Drugmakers see long road ahead in coronavirus vaccine race

Drugmakers racing to find a vaccine or effective treatment for the deadly new coronavirus in China cautioned that they have a long way to go. Powered […]
February 5, 2020

Qualcomm says China virus threatens phone industry disruption

Chip maker Qualcomm Inc said on Wednesday that the coronavirus outbreak in China poses a potential threat to the mobile phone industry, with a possible impact […]
February 5, 2020

S&P 500, Nasdaq mint record highs after strong U.S. data, waning virus fears

The benchmark S&P 500 posted a record closing high on Wednesday as U.S. stocks rallied for a third straight day on encouraging U.S. economic data and […]
February 5, 2020

Stocks rally on virus vaccine hopes, dollar gains

The dollar gained and a gauge of global equity markets surged for a third day on Wednesday as expectations of more central bank stimulus and reports […]
February 5, 2020

Oil prices jump 2% as virus vaccine reports spur hope

Oil prices jumped about 2% on Wednesday on media reports that suggested scientists were developing a vaccine for the fast-spreading coronavirus, even as world health experts […]
February 5, 2020

Uber wins appeal in Brazil, court says drivers are not employees

A higher court for labor in Brasilia ruled on Wednesday that there was no employment relationship between Uber and its drivers, siding with the ride-hailing company […]
February 5, 2020

Avianca’s top shareholder says has no knowledge of alleged Airbus bribes

German Efromovich, the majority shareholder in Latin American airline Avianca , said on Wednesday he does not have any knowledge of widespread bribes allegedly paid by […]
February 5, 2020

Wall Street gains after strong U.S. data, waning virus fears; Tesla limits Nasdaq’s rise

U.S. stocks rallied for a third straight day on Wednesday on encouraging U.S. economic data and waning fears of the financial fallout from a virus out […]
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