California regulator proposes record $2.14 billion fine on PG&E over wildfires
California’s utilities regulator has proposed an increased $2.14 billion fine on PG&E Corp for its role in causing the devastating 2017 and 2018 wildfires in...
Hong Kong police arrest media tycoon Jimmy Lai on illegal assembly charges
Hong Kong police arrested publishing tycoon Jimmy Lai, an outspoken critic of Beijing, and two other pro-democracy activists on Friday on charges of illegal assembly,...
Rolls-Royce reports $1.1 billion operating loss on Trent 1000
British aerospace engineer Rolls-Royce reported a 2019 operating loss of 852 million pounds ($1.11 billion), after the cost of tackling durability problems on its Trent...
EasyJet warns of softer Italian demand in wake of coronavirus
British budget airline easyJet warned on Friday it had seen a significant softening of demand and load factors into and out of its northern Italian...
Hyundai Motor halts work at factory after worker tests positive for coronavirus
Hyundai Motor shut down a factory in South Korea on Friday after a worker tested positive for the new coronavirus, disrupting production of popular models...
Uniqlo reopens more China stores, most partner factories restart
Fast Retailing , which operates casual clothing chain Uniqlo, said on Friday it had reopened more than 100 stores in China in the past week,...
World prepares for coronavirus pandemic; global recession forecast – Reuters
World prepares for coronavirus pandemic; global recession forecast Reuters How deadly is the new coronavirus? Who’s most at risk? KOCO Oklahoma City Coronavirus Update as Death Toll...
UBS cuts Ermotti’s pay after French court blow, overhauls bonus scheme
UBS Chief Executive Sergio Ermotti cashed in less money in 2019 as the bank made pay concessions related to a French tax case and missed...
Coronavirus spreads in three continents; markets brace for global recession
Countries on three continents reported their first cases of the coronavirus on Friday as the world prepared for a pandemic of the disease and investors...
Lion Air puts $500 million IPO on hold as global equity markets tumble: sources
Indonesia’s Lion Air has deferred plans for an initial public offering (IPO) due to a sharp fall in global stock markets, people close to the...
