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...
Jewelry maker Pandora sees sales decline in 2020
Danish jewelry maker Pandora , which is struggling to revive its brand amid sluggish sales, said on Tuesday it had seen an improvement in the...
MUFG posts third-quarter net loss due to one-time charge on Indonesian unit, cuts outlook
Mitsubishi UFJ Financial Group Inc (MUFG) , Japan’s largest lender by assets, on Tuesday posted 25.7 billion yen ($236 million) net loss in the third...
Glencore fourth-quarter copper output down 9%
Commodity miner and trader Glencore Plc reported a 9% fall in fourth-quarter copper production on Tuesday, as its Mutanda mine in the Democratic Republic of...
BP boosts dividend as profits slump on weak oil, gas prices
BP on Tuesday boosted its dividend payout after a 26% drop in fourth-quarter profit on lower oil and gas prices which still beat forecasts....