PepsiCo buys Chinese snack brand Be & Cheery for $705 million
PepsiCo Inc has agreed to buy Chinese snack brand Be & Cheery from local jujube maker Haoxiangni Health Food Co Ltd for $705 million, the...
Teck pulls application for C$20.6 billion Frontier project, to take writedown
Teck Resources Ltd has withdrawn the application for its C$20.6 billion ($15.7 billion) Frontier oil sands mine in Alberta, the company said on Sunday, days...
Oil prices skid on demand concerns as virus spreads globally
Oil prices tumbled nearly 3% towards a one-week low on Monday as the rapid spread of the coronavirus in several countries outside China left investors...
Shares drop, gold surges as investors scurry for safety
Global shares and oil slid on Monday while safe-haven gold surged as the spread of the coronavirus outside China darkened the outlook for world growth...
Shares drop, gold surges as coronavirus fears trigger flight for safety
Global shares and oil extended losses on Monday while safe-haven gold soared as the spread of the coronavirus outside China accelerated with infections jumping in...
Oil prices fall 2% on demand concerns as coronavirus spreads outside China
Oil prices tumbled more than 2% on Monday as investors worried about a hit to demand from the coronavirus outbreak, which is spreading rapidly outside...
Exclusive: If Lebanon needs financial aid, France will be there, finmin says
France is ready to support Lebanon financially – bilaterally or multilaterally – its finance minister said on Sunday, warning against mixing economic recovery in the...
UniCredit CEO Mustier ruled out of HSBC role: source
UniCredit Chief Executive Jean Pierre Mustier has ruled himself out of a switch to European rival HSBC , a source with knowledge of the matter...
G20 finance heads eye impact of coronavirus outbreak on growth, see modest pickup
Finance chiefs of the world’s top 20 economies vowed to monitor the impact of the coronavirus outbreak on global growth and act if needed, as...
G20 finance heads see modest growth pickup, to monitor coronavirus
Finance leaders of the world’s top 20 economies expect economic growth to pick up modestly this year and next thanks to loose monetary policy and...