On the brink: China’s bakers, bars and beauty spas struggle to survive coronavirus
The coronavirus outbreak in China is pushing many small businesses to the brink, as efforts to stem its spread left usually bustling streets deserted and...
How Lipper Award-winning fund managers are playing coronavirus scare
Uncertainty over the economic impact of the coronavirus outbreak has prompted at least some winners of the U.S. Lipper Fund Awards to look for companies...
‘Unsustainable’: Mexico’s Pemex buckling under crushing pension debt
Straining under a massive debt load and at risk of a ratings downgrade, Mexican state oil company Petroleos Mexicanos (Pemex) was hit with a record...
Stocks battered by Treasury rally as virus sparks shake out
Asian shares and U.S. stock futures tumbled on Friday as disruptions to business from the coronavirus worsened, stoking fears of a prolonged global economic slowdown....
Cathay Pacific to close Vancouver cabin crew base, cutting 147 roles
Hong Kong’s Cathay Pacific Airways Ltd said on Friday it was closing its Vancouver cabin crew base, laying off 147 crew members, as part of...
U.S. employment report expected to show strength before coronavirus spread
U.S. job growth likely slowed in February, but the pace probably remained consistent with a healthy labor market despite the coronavirus outbreak, which stoked financial...
JPMorgan CEO Jamie Dimon recovering after emergency heart surgery
JPMorgan Chase & Co CEO and Chairman Jamie Dimon is recovering from emergency heart surgery done on Thursday morning, with two deputies taking over as...
HSBC sends home 100 London staff, confirms China coronavirus case
HSBC Holdings PLC has sent home more than 100 staff in London after a worker tested positive for the coronavirus, the first known case at...
South Korea, Japan to hold export control talks via teleconference, Jiji says
South Korea and Japan will hold export control talks originally planned for March 10 in Seoul via teleconference, the Jiji news agency reported on Friday,...
Oil slips amid demand concern, fears over OPEC+ deal for deeper output cuts
Oil slid on Friday as worries about demand for fuel being sapped by the global coronavirus outbreak were heightened by concern over non-OPEC crude producers...