Asia stocks rise, oil rebounds but China virus toll mounts
Asian stocks steadied on Wednesday as Chinese shares moved higher on hopes of additional stimulus to cushion the economic blow from a coronavirus outbreak, but...
GM rolls back ‘radical’ plan to offer only three-cylinder engines in some China cars: sources
General Motors is backtracking on an aggressive promotion of three-cylinder engines in China that saw some Buick and Chevrolet models offered only in that option...
Intel bets on smart buildings in Israel to attract tech talent
Intel Corp is investing heavily in “smart buildings” in Israel that will be full of perks to keep employees happy, helping the U.S. chipmaker compete...
Australia’s wine exports could take a hit from coronavirus: industry body
Australia’s wine export growth slowed last year and could take another hit in 2020 from the coronavirus outbreak if China, its biggest market, orders fewer...
State AGs, Justice Department discuss Google antitrust probe
State attorneys general investigating Alphabet Inc’s Google unit met on Tuesday with U.S. Justice Department officials to coordinate efforts to probe the search and advertising...
Marubeni cuts annual profit forecast, warns virus may hit global economy
Japanese trading house Marubeni Corp on Wednesday cut its full-year net profit forecast by 17% due to a one-off loss on its energy assets and...
Oil gains more than 1% on hopes for output cuts to counter China virus impact
Oil prices climbed more than 1% on Wednesday, boosted by news that OPEC and its producer allies are weighing further output cuts to counter a...
U.S. to review new curbs on Huawei, China in February meeting: sources
The Trump administration plans to meet this month to discuss further curbing exports to China and its flagship telecoms company Huawei, two sources said, in...
U.S. to review new curbs on Huawei, China in Feb meeting: sources
The Trump administration plans to meet this month to discuss further curbing exports to China and its flagship telecoms company Huawei, two sources said, in...
Marubeni CFO: Coronavirus outbreak may dent global economy, commodity prices
Japanese trading house Marubeni Corp sees limited direct impact on its businesses from the coronavirus in China, but its spread may weigh on the global...