Virus fears wipe $393 billion off China’s stock market despite government support moves
Investors erased $393 billion from China’s benchmark stock index on Monday, sold the yuan and dumped commodities as fears about the spreading coronavirus and its...
China says U.S. creating, spreading fear after virus outbreak
The United States has acted to create and spread fear following a coronavirus outbreak in China instead of offering any significant assistance, the Chinese foreign...
Toyota-Panasonic venture to start EV battery development in April
Toyota Motor Corp and Panasonic Corp have agreed to set up a joint venture that will begin developing electric vehicle (EV) batteries from April, as...
Czech government bans direct flights to China, effective February 9
The Czech government banned direct flights between the Czech Republic and China due to the new coronavirus outbreak, effective Feb. 9, government spokeswoman said on...
Sri Lanka to probe graft accusations over Airbus deal
Sri Lanka has ordered a probe into accusations of bribery by European planemaker Airbus to pave the way for the sale of aircraft to state-run...
Julius Baer to cut 300 jobs after 2019 profit drop
Julius Baer will cut 300 jobs this year, its chief executive said on Monday, as the Swiss wealth manager looks to boost profitability after a...
Coronavirus tips jet fuel margins into biggest monthly fall in over a decade
The suspension of flights to China by global airlines due to the coronavirus epidemic resulted in Asian refining margins for jet fuel in January showing...
Ryanair says MAX woes could delay growth plans by up to two years
Ryanair may have to push back its long-term target of flying 200 million passengers per year by as much as two years due to delays...
Panasonic posts higher profit on cost cuts, improved battery business with Tesla
Panasonic Corp on Monday reported a 3% rise in third-quarter operating profit, beating analyst estimates, aided by cost cuts and an improvement at the joint...
Hong Kong medical workers strike to urge closure of China border to block virus
Hundreds of medical workers went on strike in Hong Kong on Monday to demand the government shuts the border with mainland China to prevent the...
