February 5, 2020

Asia stocks rise, oil rebounds but China virus toll mounts

Asian stocks steadied on Wednesday as Chinese shares moved higher on hopes of additional stimulus to cushion the economic blow from a coronavirus outbreak, but risks […]
February 5, 2020

Great American Comeback? Trump’s economy has both boom and gloom

The United States is in its 11th year of a record-setting economic expansion, a fact that President Donald Trump highlighted in his State of the Union […]
February 5, 2020

GM rolls back ‘radical’ plan to offer only three-cylinder engines in some China cars: sources

General Motors is backtracking on an aggressive promotion of three-cylinder engines in China that saw some Buick and Chevrolet models offered only in that option – […]
February 5, 2020

Intel bets on smart buildings in Israel to attract tech talent

Intel Corp is investing heavily in “smart buildings” in Israel that will be full of perks to keep employees happy, helping the U.S. chipmaker compete for […]
February 5, 2020

State AGs, Justice Department discuss Google antitrust probe

State attorneys general investigating Alphabet Inc’s Google unit met on Tuesday with U.S. Justice Department officials to coordinate efforts to probe the search and advertising giant, […]
February 5, 2020

Australia’s wine exports could take a hit from coronavirus: industry body

Australia’s wine export growth slowed last year and could take another hit in 2020 from the coronavirus outbreak if China, its biggest market, orders fewer crates, […]
February 5, 2020

U.S. to review new curbs on Huawei, China in Feb meeting: sources

The Trump administration plans to meet this month to discuss further curbing technology exports to China and its flagship telecoms company Huawei, two sources said, in […]
February 5, 2020

Oil gains more than 1% on hopes for output cuts to counter China virus impact

Oil prices climbed more than 1% on Wednesday, boosted by news that OPEC and its producer allies are weighing further output cuts to counter a potential […]
February 5, 2020

Marubeni cuts annual profit forecast, warns virus may hit global economy

Japanese trading house Marubeni Corp on Wednesday cut its full-year net profit forecast by 17% due to a one-off loss on its energy assets and lower […]
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