Saudi Aramco shares dive, Gulf debt hit as oil price plunges
Saudi Aramco shares fell by as much as 10% on Monday, extending a dive below the initial public offering price, after Saudi Arabia cut its...
Exclusive: Japan to boost special financing for coronavirus firms to $16 billion
Japan will boost its special financing for small and mid-size firms hit by the coronavirus to 1.6 trillion yen ($15.6 billion), according to a government...
Tesco plans $6.6 billion shareholder return from Thai, Malaysia sale
Tesco plans to return $6.6 billion to shareholders after it agreed to sell its supermarket businesses in Thailand and Malaysia to Charoen Pokphand Group as...
Oil prices plunge by a third after Saudi Arabia launches output war
Oil prices lost as much as a third of their value on Monday in their biggest daily rout since the 1991 Gulf War after Saudi...
Dashboard of Japanese stocks with a stake in Olympics’ success
Japanese stocks banking on the success of the Olympics this year are taking a hit as the rapid spread of coronavirus is threatening cancellation of...
Robots step in as cheap labor dries up in Eastern Europe
Istvan Simon’s factory in western Hungary churns out more than a million plastic parts a day but on a busy morning in one of its...
Saudi Aramco drops 10% after kingdom triggers oil price fall
Saudi Aramco shares fell 10% on Monday after Saudi Arabia slashed its official selling prices for crude and set out plans for a dramatic increase...
Exclusive: Japan to boost special financing for coronavirus-hit firms to $16 billion, document shows
Japan will boost its special financing for small and mid-size firms hit by the coronavirus to 1.6 trillion yen ($15.6 billion), according to a government...
Coronavirus shock, oil crash sinks world stocks
Global stocks plunged on Monday and prices for crude oil tumbled as much as 33% after Saudi Arabia launched a price war with Russia, sending...
Struggling Nissan’s China vehicle sales drop 80% in February
Nissan Motor Co’s vehicle sales in China, its biggest market, dropped 80% in February as coronavirus concerns sapped demand, in another blow to the carmaker...