Germany has proof that Huawei worked with Chinese intelligence: Handelsblatt
The German government is in possession of evidence that Huawei, the leading maker of telecoms network equipment, has collaborated with Chinese intelligence, the Handelsblatt daily...
World may have hit peak car output, says auto-parts supplier Bosch
Global automotive production may have peaked, auto supplier Robert Bosch said on Wednesday, announcing job cuts and a review of its business to cope with...
Buoyed by company earnings, world markets look past virus death toll
Global markets showed further signs of stabilization on Wednesday as investors looked past a rising death toll from China’s coronavirus outbreak to tiptoe back into...
Bosch CEO warns coronavirus could hit global auto supply chains
The chief executive of Robert Bosch, the world’s biggest auto components supplier, warned that coronavirus could impact its global supply chain, which is heavily dependent...
Ford to resume production at China joint venture with Changan on February 10
Ford Motor plans to resume production on Feb. 10 at its manufacturing facilities in China with joint venture partner Chongqing Changan Automobile , a spokesman...
Oil rises as markets wait on virus impact; U.S. stocks fall
Oil prices rose for a second day on Wednesday, recouping some losses after a five-day rout on talk that OPEC could extend oil output cuts...
Investors find some Unilever foods hard to swallow
Six months after Unilever’s Alan Jope suggested he may get rid of brands without “purpose”, investors are wondering when he will deliver....
For airlines, China boom now exposes them to risk as coronavirus slams market
China’s growth has helped power a global aviation boom over the last decade, but as the country curtails travel in the face of a new...
Focus at Goldman’s first investor day will be on its consumer bank Marcus
As Goldman Sachs Group Inc approaches its first-ever investor day on Wednesday, all eyes are on its tiniest business division, the consumer bank, and how...
Hong Kong stocks pull Asian shares lower but futures offer hope
Asian shares fell on Wednesday as a spike in new Chinese virus cases sent Hong Kong stocks tumbling and added to worries about the economic...