Nestle mandates JPMorgan to handle Yinlu sale: Bloomberg
Food giant Nestle has mandated JPMorgan Chase & Co. to handle the sale of its struggling Chinese peanut milk business Yinlu that could be valued...
Oil falls 4% as coronavirus pandemic prompts Trump travel ban
Oil prices fell for the second straight day on Thursday amid a broad decline in global markets after the United States banned travel from Europe...
Insurers face double whammy from coronavirus crisis
Having initially brushed off the potential impact from coronavirus-linked claims, global insurers are waking up to the prospect of a double whammy – a sharp...
U.S. clampdown on European travel heaps new coronavirus woes on airlines
A clampdown on European travel to the United States will heap more pressure on airlines already reeling from the coronavirus pandemic, analysts said, raising the...
Kuroda says BOJ ready to act to support economy, after meeting PM Abe
Bank of Japan Governor Haruhiko Kuroda said the central bank was ready to respond with further steps to support the economy, after a meeting with...
Financial markets reel, stocks plunge as Trump stuns with Europe travel ban
Financial markets reeled on Thursday as stocks dived and oil slumped after U.S. President Donald Trump took the dramatic step of banning travel from Europe...
Seeking to avoid EU tariffs, Washington state House passes bill to drop Boeing tax break
Washington state’s House of Representatives passed a measure on Wednesday night that removes a key tax break for Boeing Co and other aerospace firms, in...
BOJ watching developments, ready to respond further: Kuroda
Bank of Japan Governor Haruhiko Kuroda said on Thursday that the central bank was dealing with the coronavirus’s impact on the economy and that he...
Oil slumps as U.S. bans travel from Europe over pandemic
Oil prices sank again on Thursday along with the broader market after the United States banned travel from Europe following a World Health Organization declaration...
Bombardier CEO Alain Bellemare to step down
Canada’s Bombardier Inc said late Wednesday Chief Executive Officer Alain Bellemare would step down and be replaced by former company executive and Hydro-Quebec CEO Eric...