Business & Finance News
Mastercard Inc plans to hire 1,500 more staff at its global technology hub in Dublin over the next three to five years, more than trebling the size of its workforce in Ireland’s first major multinational jobs announcement of 2020.
Urged to restore economic activity by President Xi Jinping, large parts of China relaxed curbs on transport and travel on Monday as reported new cases of coronavirus outside the worst-hit province fell to the lowest in a month.
U.S. private equity Blackstone Group said on Monday it would raise its proposed offer price to buy Japan’s hotel chain Unizo Holdings to 6,000 yen ($53.78) per share, topping a bid by U.S. investment fund Lone Star.
Three units of Goldman Sachs pleaded not guilty to charges of misleading investors regarding $6.5 billion in bond sales that the U.S. investment bank helped raise for state fund 1Malaysia Development Berhad (1MDB), Bernama state news agency reported on Monday.
Primark owner Associated British Foods warned on Monday there was a risk of supply shortages on some lines later in the 2019-20 financial year if delays in factory production in China are prolonged due to coronavirus.
Some South Korean workers at Samsung Electronics and Hyundai Motor are staying home as a precautionary measure as corporate Korea scrambles to prevent the coronavirus outbreak from causing widespread disruption in its home market.
Italy’s biggest bank UniCredit said on Monday Chief Executive Jean Pierre Mustier had confirmed he would remain in his role, following media reports that he was being considered for the top job at rival HSBC .
Some asset prices are moving together in unusual ways, an indication that investors may be preparing their portfolios for a coronavirus-led global slowdown.
Some South Korean workers at Samsung Electronics and Hyundai Motor are staying home as a precautionary measure as corporate Korea scrambles to prevent the coronavirus outbreak from disrupting its home market.
Oil prices tumbled more than 2% on Monday, as the rapid spread of a coronavirus in several countries outside China left investors fretting about a hit to demand.
Cargill Inc [CARG.UL] will launch plant-based hamburger patties and ground “fake meat” products in April, the company said on Monday, challenging Beyond Meat and Impossible Foods for sales in grocery stores, cafeterias and restaurants.
Urged to restore economic activity by President Xi Jinping, large parts of China relaxed curbs on transport and movement of people on Monday as reported new cases of the coronavirus outside the worst-hit province fell to the lowest in a month.
Facebook’s former sustainability chief has launched an organization to help employees at big companies press their bosses for more aggressive policies to fight climate change.
Canadian miner Teck Resources Ltd has withdrawn an application to build its C$20.6 billion ($15.7 billion) Frontier oil sands mine in Alberta, days before the federal government was to decide on whether to approve the project opposed by environmentalists and indigenous groups.
PepsiCo Inc has agreed to buy Chinese snack brand Be & Cheery from local jujube maker Haoxiangni Health Food Co Ltd for $705 million, the companies said.
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