ANA Holdings Inc said it will buy 15 more Boeing Co 787 Dreamliners worth $5 billion at list prices, the first commercial order announcement for the U.S. planemaker this year as it wrestles with the grounding of the smaller 737 MAX.
Japan will add exemptions to new foreign investment restrictions for companies exposed to sensitive national security issues, government sources said, in a move aimed at keeping overseas capital in the country.
“Cryptocurrencies basically have no value and they don’t produce anything,” Buffett told CNBC in an interview on Monday. “I don’t have any cryptocurrency and I never will,” Buffett added.The post Warren Buffett says he will ‘never’ own any cryptocurrency appeared first on The Block. …read more […]
(Bloomberg) — The ghastly prospect that the coronavirus outbreak could become the first truly disruptive pandemic of the globalization era is renewing doubts over the stability of the world economy.With the death toll approaching 3,000, over 80,000 cases officially recorded and an outbreak in Italy now shutting down the richest chunk of its economy, some economists are beginning to war game what an untethered outbreak could mean for global growth.Those at Oxford Economics Ltd. reckon an international health crisis could be enough to wipe more than $1 trillion from global gross domestic product. That would be the economic price tag …read more […]
Southeast Asian ride hailer Grab is raising $706 million from Mitsubishi UFJ Financial Group Inc (MUFG) and $150 million from Japanese IT services firm TIS Inc , as it seeks to expand aggressively into financial services.
Southeast Asian ride hailer Grab is raising $706 million from Mitsubishi UFJ Financial Group Inc (MUFG) and $150 million from Japanese IT services firm TIS Inc, as it seeks to expand aggressively into financial services.
The emergency plans of UBS and Credit Suisse to deal with a financial crisis are effective, Switzerland’s regulator FINMA said on Tuesday.
JPMorgan Chase & Co executives are unlikely to provide new financial targets at the bank’s annual investor day on Tuesday, and instead will use the forum to showcase a clean-energy initiative, analysts said.
Boeing Co is close to a deal to supply more 787 Dreamliners to Japan’s ANA Holdings Inc in what would be the U.S. planemaker’s first commercial order announcement so far this year, industry sources said.
Oil steadied on Tuesday as investors sought bargains after crude benchmarks slumped almost 4% in the previous session, although concerns about the coronavirus spreading out of China denting major economies and curbing fuel demand capped gains.
China’s ride hailing company Didi Chuxing plans to launch a food delivery service in Japan from April, the firm, backed by SoftBank Group Corp , said on Tuesday, as it seeks to grow its overseas business.
Asian share markets found some stability on Tuesday after a wave of early selling petered out and Wall Street futures managed a solid bounce, allowing investors to take a breather from coronavirus fears.
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