Exclusive: As virus fallout widens, China readies more measures to stabilize economy – sources
Chinese policymakers are readying measures to support an economy jolted by a coronavirus outbreak that is expected to have a devastating impact on first-quarter growth,...
Global stocks, commodities firmer as virus fever abates
World markets bounced on Tuesday, with Chinese stocks reversing some of a previous coronavirus-related plunge amid official efforts to soothe nerves over the spreading outbreak,...
Jeweler Pandora says China business at a ‘standstill’
Pandora’s business in China has ground to a halt, the jewelry maker and retailer said on Tuesday, as a new flu-like virus forced the company...
Siemens Gamesa has acted fast to prevent new project delays: CEO
Siemens Gamesa Chief Executive Marcus Tacke said on Tuesday the wind turbine maker had acted quickly to make sure the impact of project delays that...
Siemens Gamesa relies on Chinese factories reopening despite coronavirus: CEO
Wind turbine maker Siemens Gamesa sees no major disruption to its supply chain as long as factories in China reopen quickly following the recent outbreak...
MUFG posts third-quarter loss on one-time charge for Indonesian unit, cuts outlook
Mitsubishi UFJ Financial Group Inc (MUFG) , Japan’s largest lender by assets, posted on Tuesday a 25.7 billion yen ($236 million) net loss in the...
Bottled water firms turn on the taps with filters, flavors and fizz
A German firm backed by bottled water giant Danone plans to launch a sparkling-water machine for the home early next year, its chief executive told...
Hyundai Motor to suspend South Korea production as China virus hits parts supply
Hyundai Motor said it will suspend production in South Korea, its biggest manufacturing base, becoming the first major automaker to do so outside China due...
Glencore fourth-quarter down in most metals but 2020 targets unchanged
Glencore posted a 6% fall in fourth-quarter copper production and a 13% decline in cobalt as the miner and trader shut its Mutanda mine ahead...
BP boosts dividend despite profit fall as CEO Dudley bows out
BP on Tuesday raised its dividend and announced the completion of a $1.5 billion share buyback program in a sign of confidence in its growing...