Oil rises as investors take stock of economic hit from virus
Oil prices rose for a second day on Wednesday, standing on firmer ground after a five-day fall on talk OPEC could extend oil cuts if...
Tim Hortons pulls Beyond Meat products from Ontario, British Columbia
Restaurant Brands International Inc’s Tim Hortons said on Tuesday it has removed Beyond Meat Inc’s products from its coffee and donut shops in the Canadian...
Renault turns to VW’s De Meo as car maker seeks fresh start
Renault’s Tuesday named Luca de Meo, the former head of Volkswagen’s Seat brand, as its next chief executive, as the car maker looks to draw...
Asian stocks rise as Apple drives tech gains, virus worries ease
Asian shares rose on Wednesday as better-than-expected Apple Inc earnings drove some regional tech gains although broader confidence was capped by worries about the economic...
Nissan says it plans to sell 1.6 million cars in China this year
Japanese carmaker Nissan Motor Co said on Wednesday it planned to sell about 1.6 million vehicles in China, the world’s biggest auto market....
JPMorgan plans to cut hundreds of jobs in consumer unit: Bloomberg
U.S. bank JPMorgan Chase & Co is planning to cut hundreds of jobs across its consumer division, Bloomberg reported https://bloom.bg/2GsDvzw on Tuesday, citing people briefed...
EBay forecast disappoints amid competition from Amazon, Walmart
EBay Inc forecast first-quarter revenue below analysts’ estimates on Tuesday, as the e-commerce company faces fierce competition from Amazon.com Inc and Walmart Inc ....
Starbucks plans to launch plant-based breakfast sandwich this year
Starbucks Corp said on Tuesday it would introduce a breakfast sandwich this year with a plant-based patty in the United States and Canada....
Airbus faces record $4 billion fine after bribery probe
Airbus faces a record $4 billion fine and lower 2019 profits after unveiling a preliminary deal with French, British and U.S. authorities following a crippling...
Apple iPhone back to growth after a year’s slump
Apple Inc on Tuesday reported sales and profits for the holiday shopping quarter above Wall Street expectations, powered by a rise in iPhone sales for...