Jaguar-Land Rover parent warns of hit to profit from China virus outbreak
The coronavirus outbreak in China could hit profits at luxury car brands Jaguar and Land Rover, parent Tata Motors said on Thursday, the latest company...
Spirit Aero to restart production of 737 MAX parts
Spirit AeroSystems said on Thursday it would gradually restart production of parts for Boeing Co’s 737 MAX jets and deliver 216 shipsets in 2020....
Futures fall as China epidemic raises growth concerns
U.S. stock index futures tumbled on Thursday, as the deadly coronavirus epidemic fanned concerns of a further slowdown in economic growth in China, with a...
Policymakers fret over risk to global growth from China virus outbreak
A rapidly spreading virus outbreak in China is emerging as a potentially major new risk to the global economy and leaving policymakers, still grappling with...
Oil falls more than 2% on spread of Wuhan virus
Oil prices fell on Thursday on concerns over the potential economic impact of the coronavirus that continues to spread worldwide, while the market also considered...
Turnaround costs push Deutsche Bank to bigger than expected loss
Deutsche Bank plunged to a bigger than expected loss of 5.7 billion euros ($6.3 billion) last year, its fifth in a row, as the cost...
Deutsche Bank CEO: Negative rates not an option generally for private customers
Deutsche Bank’s chief executive on Thursday told German broadcaster n-tv that he did not think Germany’s top bank would apply negative interest rates to the...
Frankfurt out of running for German auto show from 2021
Frankfurt will no longer host the German auto show from 2021 after almost 70 years as the home of the annual exhibition of the industry’s...
Oil falls on spread of Wuhan virus, U.S. oil-stocks build
Oil prices fell on Thursday as alarm spread over the economic impact of the Wuhan virus in China, while a bigger-than-expected increase in U.S. crude...
After meager 2019, Samsung’s modest chip recovery outlook falls flat
Samsung Electronics Co is counting on a gradual recovery in memory chip demand from data centers and 5G smartphone makers to help it bounce back...