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...
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...
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...
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...
Tesco to return $6.6 billion to shareholders after sale of Thai, Malaysia assets
Britain’s Tesco plans to return $6.6 billion to shareholders after agreeing to sell its supermarket businesses in Thailand and Malaysia to Charoen Pokphand Group for...
Saudi Aramco shares open 10% lower as the oil price crumbles
Shares in Saudi Aramco plunged 10% in opening trade on Monday, following a sharp drop in oil prices after Saudi Arabia slashed its official selling...
Oil collapses after Saudi Arabia fires opening salvo in price war
Losing more than a quarter of their value, oil prices were set for their biggest one-day decline in 29 years on Monday, after Saudi Arabia...