January 23, 2020

Oil slump deepens as China virus casts cloud over fuel demand, economy

Oil prices fell to their lowest in seven weeks on Thursday, sliding more than 1% on concern that the spread of a respiratory virus from China […]
January 23, 2020

After China trade deal, Europe and UK next on Trump’s to-do list

U.S. President Donald Trump vowed to rip up international trade deals and rebalance America’s global trade relationships. Powered by WPeMatico
January 23, 2020

Amazon asks court to pause Microsoft’s work on Pentagon’s JEDI contract

Amazon.com Inc said on Wednesday it filed a motion in court to pause the U.S. Department of Defense and Microsoft Corp from carrying out an up […]
January 23, 2020

Activist hedge fund Elliott sells stakes in Hyundai Motor companies: paper

Elliott Management sold all its shares in Hyundai Motor Group companies last year after it was thwarted in its campaign for huge special dividends and board […]
January 23, 2020

Australia’s Westpac hires former Barclays chairman to tide over crisis

Australia’s Westpac Banking Corp on Thursday named a former Barclays boss as chairman, entrusting veteran banker John McFarlane to help steer it through the fallout of […]
January 23, 2020

Oil falls for third day amid growing concern over China virus

Oil prices fell to their lowest in seven weeks on Thursday on concerns that the spread of a newly identified respiratory virus from China may lower […]
January 23, 2020

Asian shares wilt, oil tumbles as China virus spreads

Asian shares and U.S. stocks fell on Thursday as investors remained anxious about the spread of a new flu-like virus in China just as millions prepared […]
January 23, 2020

Yen firm over China virus concern; Aussie jumps on jobs data

The safe-haven Japanese yen was firm and the Chinese yuan fragile on Thursday as traders kept a wary eye on the spread of a virus in […]
January 23, 2020

PG&E strikes deal with creditors over restructuring

Bankrupt California power producer PG&E Corp said on Wednesday it had reached a deal on its restructuring with creditors, who were pushing for a rival plan. […]
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