Coronavirus death toll leaps, party bosses in China’s Hubei province sacked
The Chinese province at the epicenter of the coronavirus outbreak reported a record rise in the death toll on Thursday under a new diagnostic method,...
China’s Hubei, Wuhan Communist Party chiefs removed amid epidemic
China’s Communist Party has replaced the party heads in the coronavirus stricken province of Hubei and its capital Wuhan, state media said on Thursday, reporting...
Australia extends virus ban on arrivals from mainland China
Australia will maintain an entry ban on foreign nationals from mainland China for another week as it looks to limit exposure to its citizens from...
Nestle expects growth this year after solid 2019
Food giant Nestle expects a continued increase in organic sales growth this year after it hit a four-year high at 3.5% and profitability improved in...
Credit Suisse posts best profit since 2010 in Thiam swan song
Credit Suisse posted a 69% rise in annual net profit on Thursday in a bittersweet swan song for outgoing Chief Executive Tidjane Thiam....
China replaces head of its Hong Kong and Macau affairs office
China has replaced the head of its office overseeing matters in Hong Kong, making him the most senior Beijing-appointed official to lose his job in...
Thyssenkrupp’s first-quarter profit drops as steel becomes new problem child
Thyssenkrupp posted a 77% drop in adjusted operating profit in the first quarter, blaming a weak automotive market while its steel division, part of the...
Airbus targets operating profit gain in 2020, after bribery settlement net loss
Airbus plunged to a 1.362 billion euro ($1.48 billion) net loss in 2019, weighed down by a multinational bribery settlement, but the European aerospace group...
Oil prices mixed as demand concerns outweigh output cut expectations
Oil prices were mixed on Thursday as concerns about falling demand caused by travel restrictions tied to the coronavirus outbreak in China, the world’s biggest...
Airbus to buy rest of Bombardier stake in A220 passenger jet program
European planemaker Airbus has reached a deal to buy the remaining stake of Canadian plane and train maker Bombardier in the A220 passenger jet program,...
