January 30, 2020

Exclusive: SoftBank leads latest Alto Pharmacy funding round at over $1 billion valuation

SoftBank’s second Vision Fund has led a new round of funding for Silicon Valley-based drug delivery firm Alto Pharmacy that valued it at over $1 billion, […]
January 30, 2020

Policymakers fret over risk to global growth from China virus outbreak

A rapidly spreading virus outbreak in China is emerging as a potentially major new risk to the global economy and leaving policymakers, still grappling with the […]
January 30, 2020

Oil falls more than 2% on spread of Wuhan virus

Oil prices fell on Thursday on concerns over the potential economic impact of the coronavirus that continues to spread worldwide, while the market also considered the […]
January 30, 2020

Renault chairman says alliance with Nissan strong, shares sense of urgency

The alliance between France’s Renault SA and Japan’s Nissan Motor Co remains strong, but its members share a sense of urgency, the alliance’s chairman said on […]
January 30, 2020

Frankfurt out of running for German auto show from 2021

Frankfurt will no longer host the German auto show from 2021 after almost 70 years as the home of the annual exhibition of the industry’s latest […]
January 30, 2020

Oil falls on spread of Wuhan virus, U.S. oil-stocks build

Oil prices fell on Thursday as alarm spread over the economic impact of the Wuhan virus in China, while a bigger-than-expected increase in U.S. crude stocks […]
January 30, 2020

After meager 2019, Samsung’s modest chip recovery outlook falls flat

Samsung Electronics Co is counting on a gradual recovery in memory chip demand from data centers and 5G smartphone makers to help it bounce back in […]
January 30, 2020

Sweden’s AB Volvo plans big shareholder payout as profit beats

Swedish truck maker AB Volvo reported a smaller than expected fall in fourth-quarter earnings in the face of slowing demand and announced plans on Thursday for […]
January 30, 2020

Fears of pandemic send stocks lower, safe havens in demand

Asian stocks and currencies tumbled further on Thursday, as the rising death toll from a virus spreading from China led airlines to cut flights and stores […]
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