Hyundai Motor, Kia Motors to keep Chinese factories idled until February 16
Hyundai Motor and affiliate Kia Motors plan to restart production at their Chinese factories on Feb. 17, a spokesperson said on Friday....
Lifeblood of Amazon merchants threatened as coronavirus infects Chinese workers
Amazon.com Inc sellers are bracing for product shortages as Chinese workers – worried about the fast-spreading coronavirus – may be unable or unwilling to return...
Nissan’s China sales fell 12% in January as coronavirus epidemic weighs
Japanese carmaker Nissan said on Friday its sales in China, the world’s biggest auto market, fell by 11.8% in January year-on-year, as the Lunar New...
BP downstream boss Erginbilgic to leave next month
BP’s head of downstream Tufan Erginbilgic will step down next month after six years in the job, the energy company said in a statement, becoming...
U.S. interest lifts shares in Huawei rivals Ericsson, Nokia
Shares in Ericsson and Nokia rose sharply on Friday, a day after a U.S. official suggested the United States should consider buying stakes in the...
Jaguar Land Rover to cut output at two UK factories
Jaguar Land Rover will reduce or stop production on certain days at two of its British factories over the next few weeks as Britain’s biggest...
L’Oreal rallies as sales increase offsets China concerns
L’Oreal’s shares rose on Friday after fourth-quarter earnings from the French cosmetics company helped to offset concerns over the impact of China’s coronavirus health crisis...
Honda raises profit forecast, sticks to Wuhan plant closure schedule
Honda Motor Co raised its forecast for full-year operating profit by 6% on Friday, with a weaker yen increasing the value of its overseas sales....
U.S. interest positive for Ericsson, says top owner Cevian
U.S. interest in buying a stake in Ericsson would be positive for the company, but any deal would have to be at a far higher...
Hargreaves top investor sells shares at discount; stock drops
Hargreaves Lansdown co-founder and biggest shareholder Peter Hargreaves has sold 34.4 million shares in the investment platform, at more than a 6% discount to the...