February 4, 2020

Bottled water firms turn on the taps with filters, flavors and fizz

A German firm backed by bottled water giant Danone plans to launch a sparkling-water machine for the home early next year, its chief executive told Reuters, […]
February 4, 2020

BP boosts dividend despite profit fall as CEO Dudley bows out

BP raised its dividend and said it had completed a $1.5 billion share buyback program in a sign of confidence in its growing oil and gas […]
February 4, 2020

MUFG posts third-quarter loss on one-time charge for Indonesian unit, cuts outlook

Mitsubishi UFJ Financial Group Inc (MUFG) , Japan’s largest lender by assets, posted on Tuesday a 25.7 billion yen ($236 million) net loss in the third […]
February 4, 2020

Hyundai Motor to suspend South Korea production as China virus hits parts supply

Hyundai Motor said it will suspend production in South Korea, its biggest manufacturing base, becoming the first major automaker to do so outside China due to […]
February 4, 2020

Glencore fourth-quarter down in most metals but 2020 targets unchanged

Glencore posted a 6% fall in fourth-quarter copper production and a 13% decline in cobalt as the miner and trader shut its Mutanda mine ahead of […]
February 4, 2020

Jewelry maker Pandora sees sales decline in 2020

Danish jewelry maker Pandora , which is struggling to revive its brand amid sluggish sales, said on Tuesday it had seen an improvement in the fourth […]
February 4, 2020

France’s Sanofi under investigation in Depakine birth defects case

French healthcare company Sanofi said it had been put under investigation over a legal case relating to Depakine, a medication known to have caused birth malfunctions […]
February 4, 2020

Sharp’s third-quarter profit up 38.5%, above estimates

Japan’s Sharp Corp on Tuesday reported a 38.5% increase in third-quarter operating profit thanks to gains at its smart appliance division and cost reduction efforts. Powered […]
February 4, 2020

Oil prices rebound from China virus slump amid ginger recovery across markets

Oil prices rose on Tuesday, matching moves in other financial markets as investors regained calm after Monday’s sharp sell-off on fears of the impact of the […]
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