China to halve tariffs on some U.S. imports as virus risks grow
China on Thursday said it would halve additional tariffs levied against 1,717 U.S. goods last year, following the signing of a Phase 1 deal that...
Oil rises a second day in ‘relief rally’ over China coronavirus
Oil futures rose for a second day on Thursday amid investor optimism over unconfirmed reports of possible advances in combating the coronavirus outbreak in China...
Strong cash flow keeps Total’s fourth-quarter net profit steady
French energy major Total said on Thursday that its net adjusted profit for the fourth quarter of 2019 was steady at $3.2 billion compared with...
Sanofi eyes more EPS growth this year as it narrows focus
Sanofi said on Thursday its earnings per share were likely to rise by around 5% in 2020, weeks after it promised to focus on vaccines...
Norwegian Air’s January passenger income jumps
Norwegian Air cut its capacity by a bigger-than-expected 29% in January from a year earlier, removing unprofitable routes while boosting its income from remaining flights,...
Exclusive: BP eyes sale of Algerian gas plant after Rosneft talks fail – sources
BP is seeking buyers for its stake in a major Algerian gas plant deep in the Sahara desert after recent talks on a sale to...
Global stocks gain after China cuts U.S. import tariffs, virus fears wane
Global stocks extended their recovery on Thursday, cheered by record closes in Wall Street benchmarks following encouraging economic data, and after China announced a cut...
Sanofi eyes more growth this year as it narrows focus
Sanofi on Thursday said it was expecting earnings per share to grow around 5 percent at constant exchange rates in 2020, weeks after pledging to...
Nokia posts surprise quarterly profit rise on cost cuts
Finnish telecom network equipment maker Nokia reported on Thursday a surprise rise in October-December underlying profit, driven by cost cuts, and said most of its...
China to halve tariffs on some U.S. imports as virus risks escalate
China on Thursday said it would halve additional tariffs levied against 1,717 U.S. goods last year, following the signing of a Phase 1 trade deal...