Futures rise on hopes virus may be over soon; Sprint soars
U.S. stock index futures rose on Tuesday as a top Chinese health adviser said the coronavirus outbreak may plateau in the next few weeks, while...
Sleeping giant awakens? Downside risks for euro grow
A drop in the euro/dollar exchange rate to a four-month low raises the prospect of a repricing of one of the world’s most important macro-economic...
M&S names Greencore’s Eoin Tonge as new finance chief
Marks & Spencer on Tuesday appointed Eoin Tonge, currently the chief financial officer of Irish food group Greencore , as its new finance chief, filling...
Small Hong Kong businesses count the cost of coronavirus
As the spread of coronavirus sends jitters across Hong Kong, usually bustling shopping malls, restaurants and retailers are deserted, leaving some small business owners contemplating...
Daimler’s Mercedes sales drive higher but charges put brakes on profit
Daimler reported a 64% fall in 2019 net profit, its largest drop in a decade, despite record high Mercedes-Benz sales as CEO Ola Kaellenius signed...
China central bank gives greenlight to Mastercard’s China JV for clearing business
China’s central bank said on Tuesday it has approved an application by Mastercard’s China joint venture to conduct bank card clearing operations in the country....
TUI says exceptional holiday bookings helps to offset 737 MAX woes
European travel company TUI said an exceptional number of holiday bookings would help offset the impact of the Boeing 737 MAX grounding on its annual...
FAA says approaching 737 MAX test flight, awaits Boeing proposals
The U.S. Federal Aviation Administration is narrowing the issues needed before it can conduct a certification test flight on the grounded Boeing 737 MAX, but...
IKEA brand owner appoints Jon Abrahamsson Ring new CEO
Inter IKEA Group, owner of the IKEA furniture brand, appointed on Tuesday Jon Abrahamsson Ring as new Chief Executive from Sept. 1....
Lloyd’s of London sets up independent group to improve culture
Lloyd’s of London said on Tuesday that former Virgin Money boss Jayne-Anne Gadhia would be part of a committee to “drive long-term culture change” in...