OPEC ministers gather in Vienna as coronavirus hits demand
OPEC ministers are beginning to arrive to Vienna on Tuesday as the group debates whether to further reduce oil production to tackle deteriorating demand from...
Kuwait oil minister says optimistic on outcome of OPEC meetings
Kuwait’s oil minister said on Tuesday he is optimistic about the outcome of OPEC meetings this week and continued cooperation among OPEC+ countries, Kuwait state...
High-fives, hugs, kisses discouraged as U.S. companies respond to growing coronavirus threat
As news broke of more cases of coronavirus spreading across the United States, T-Mobile had a novel response to the threat: fewer hugs, kisses or...
Wall Street backs away from Arctic drilling amid Alaska political heat
Three big U.S. banks have publicly announced break-ups with Arctic drilling in recent months, reflecting Wall Street’s increasing desire to cast itself as environmentally friendly...
Julius Baer nominates Meissner, Shih for board seats
Swiss wealth manager Julius Baer Group nominated former Bank of America Merrill Lynch investment banking head Christian Meissner and UBS Asia veteran Kathryn Shih for...
BMW says coronavirus hit China sales but sticks to 2020 global target
BMW on Tuesday said its China sales have taken a hit this year because of the new coronavirus, but stuck to its target for growing...
Toyota names new finance chief in executive shake-up
Toyota Motor Corp named Kenta Kon as its next chief financial officer on Tuesday and said it would scrap executive vice president (EVP) roles as...
Rebound rumbles on as G7 send support signal
Global stocks and commodity markets extended a tentative recovery from their coronavirus slump on Tuesday, as global policymakers signaled a united front to address the...
Tokyo 2020 Wheelchair rugby test event canceled over coronavirus concerns
The Japan Para Sports Association and Tokyo 2020 Olympic and Paralympic organizers moved to cancel this month’s wheelchair rugby test event on Tuesday due to...
Swiss Re lines up UBS CEO Ermotti to become chairman in 2021
Swiss Re plans to make UBS Group Chief Executive Sergio Ermotti its chairman from next year, the world’s second-biggest reinsurer said on Tuesday, turning to...