World stock markets looked to be getting back to full strength on Wednesday, as updates from China about the spread of a new flu-like coronavirus raised hopes the outbreak would be contained.
John McCluskey became the CEO of Alamos Gold Inc. (TSE:AGI) in 2015. This analysis aims first to contrast CEO… …read more […]
Airbus’ shares rose to record highs on Wednesday, after its U.S. arch rival Boeing warned of new issues with the Boeing 737 MAX plane.
Bank of America Corp will recruit about 50 bankers for its investment team in Asia this year, as it pushes to bulk up its dealmaking business and shore up revenues from the unit globally, three people with direct knowledge of the matter said.
Hong Kong’s Cathay Pacific Airways Ltd will allow all crew members and frontline employees to wear surgical masks due to concerns over a new coronavirus, and said passengers to and from Wuhan, China, could change or cancel flights for free through Feb. 15.
The yuan dipped and the Australian dollar hit a six-week low on Wednesday as investors feared the outbreak of a new coronavirus in China could create more headaches for the Chinese economy, which is already slowing because of the U.S.-China trade war.
Simon Roberts has been appointed to replace Mike Coupe as the boss of Britain’s second-largest supermarket group Sainsbury’s .
Hyundai Motor Co turned in its best quarterly operating profit in almost three years and said it was on track for higher profit margins in 2020, powered by more sales of sport-utility vehicles (SUVs) such as the Palisade and Kona.
German luxury car maker Daimler on Wednesday issued its third profit warning for 2019, as costs related to the diesel scandal, heavy investment in electric vehicles and production issues weighed on earnings.
Boeing Co said on Wednesday it has agreed with Israel-based Tactical Robotics to explore development of a ducted fan propulsion technology with potential uses for piloted and autonomous light aircraft.
German luxury car maker Daimler on Wednesday warned that its 2019 earnings before interest and tax slumped to 5.6 billion euros ($6.2 billion) from 11.1 billion euros a year earlier.
(Bloomberg) — Stocks climbed alongside U.S. index futures after China took steps to contain the spread of a deadly virus that had rattled international markets. Haven assets retreated.Gains in utilities and media shares led the Stoxx Europe 600 Index higher at the open, taking a cue from Asia, where the major markets rebounded. Shanghai shares erased losses after Beijing said it will start a nationwide screening effort to tackle the outbreak. Contracts on the three main U.S. equity indexes all ticked higher.Treasuries and the yen dipped after gaining Tuesday on news of the contagion and potential disruption to spending during …read more […]
Oil prices dropped on Wednesday as the International Energy Agency’s (IEA) forecast of a market surplus in the first half of this year was enough to cancel out concerns about military disruptions that have slashed Libya’s crude output.
Mike Coupe will step down as CEO of Sainsbury’s at the end of May after six years at the helm, with Britain’s second largest supermarket group opting for continuity by choosing retail director Simon Roberts as his successor.
A lieutenant to Carlos Ghosn who is facing charges in Japan for underreporting his salary at Nissan Motor Co stands a very high chance of being acquitted, as would Ghosn had he remained in Japan to face trial, a former prosecutor said.
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