Oil prices steady, on course for weekly gain
Oil prices edged up Friday and held on track for their first weekly gain since early January, backed by expectations that major producers will implement...
European shares scale record even as coronavirus shows no signs of peaking
European shares touched record highs on Friday as investors digested whether China’s coronavirus outbreak would cause long-lasting damage to global economy....
Nissan shares tumble to ten-and-a-half year low after earnings rout; Renault also suffers
Shares of Nissan Motor Co sank to their lowest in more than a decade on Friday, after deep cuts to the troubled Japanese automaker’s earnings...
Boeing to extend labor contract with engineer’s union by four years
U.S. planemaker Boeing Co said it has agreed to a tentative deal with its engineers’ union to extend its labor contract by another four years....
NMC Health vice chair quits, shares fall further
NMC Health said on Friday Executive Vice Chairman Khalifa Butti Omeir Bin Yousef had resigned from its board, the latest sign of turbulence at the...
Zuckerberg accepts Facebook may pay more tax outside U.S.: Politico
Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes outside of the United...
Samsung’s jailed board chairman quits
Samsung Electronics’ board Chairman Lee Sang-hoon, who was convicted and jailed for sabotaging union activities, has resigned from the South Korean company, it said on...
Renault’s 2020 vision clouded as ‘tough’ year leads to first loss in a decade
Renault reported its first loss in a decade and cut its 2020 margin target on Friday, as it attempts to draw a line under the...
Dolce & Gabbana founders have received offers but have no plans to sell: paper
Italy’s Dolce & Gabbana founder Stefano Gabbana said on Friday he had received proposals to buy the group but had no intention to sell....
Renault sets lower profit goal in crunch reboot year
French carmaker Renault on Friday posted its first profit loss in 10 years and set a lower operating margin goal for 2020, a crunch year...