Adidas’ China business activity falls 85% due to coronavirus
German sportswear maker Adidas said on Wednesday that business in the Greater China area had dropped by about 85% year-on-year as the coronavirus outbreak has...
Billionaire Bloomberg says he’ll sell if he wins election
Michael Bloomberg announced he would sell his company Bloomberg LP, the financial information company that made him a billionaire, if he is elected to the...
Quarantined passengers disembark ship in Japan
Hundreds of people began disembarking a quarantined cruise ship off Japan on Wednesday as the death toll from the new coronavirus in mainland China passed...
Rains mock drought-stricken Australian town as climate risks hit home
For all the relief felt in other parts of eastern Australia as torrential rain in the past few weeks doused wildfires and filled reservoirs, the...
Russia sees jump in cyber theft from bank accounts: central bank
Russia’s central bank last year recorded an increase in online theft that saw 6.4 billion roubles ($100.37 million) stolen from private and corporate bank accounts,...
Criticism of Japan’s effort on coronavirus cruise ship as passengers leave
Hundreds of people began disembarking a cruise ship quarantined in Japan on Wednesday as criticism mounted of Japan’s handling of the sea-borne outbreak where the...
China won’t send officials to G20 meeting amid virus outbreak: sources
China’s central bank and its finance ministry will not send any officials to a G20 meeting of finance ministers and central bank governors in Riyadh...
SoftBank to borrow $4.5 billion pledging domestic telco’s shares
SoftBank Group Corp said on Wednesday it plans to borrow up to 500 billion yen ($4.5 billion) from 16 domestic and foreign financial institutions using...
Japan conducts emergency survey on its banks amid China virus outbreak: sources
Japan’s financial watchdog has begun conducting an emergency survey on domestic financial institutions with business operations in China to gauge how the coronavirus outbreak could...
Exclusive: Vodafone, Telecom Italia offer rivals access to some sites to ease EU concerns – EU paper
Vodafone and Telekom Italia have offered to allow rivals access to sites in some cities for up to nine years, a proposal aimed at allaying...