Saks Fifth Avenue owner Hudson's Bay Co on Monday named a president to lead its off-price business, known as Saks Off 5th, the latest example of a department store chain trying to bolster its outlet stores.
Oil prices rose more than 1% on Tuesday as recent sharp falls have encouraged investors holding short positions to book profits, but the market remains jittery over the Wuhan virus, which has now killed more than 1,000 in China.
Boeing Co said on Tuesday that lessor BBAM had ordered three 737-800 converted freighters to serve the growing e-commerce market and express sectors of the air cargo market.
A U.S. district judge is expected to rule in favor of allowing Sprint and T-Mobile to merge over the objections of a group of state attorneys general, according to two sources familiar with the matter.
Airbus on Tuesday unveiled a curvaceous aircraft design that blends wing and body, designed to slash carbon emissions by some 20%.
Geely Automobile and its sister company Volvo Cars are planning to merge and list in Hong Kong and possibly Stockholm, giving Volvo access to public markets after it dropped a move to list its stock two years ago.
Japanese wireless carrier NTT Docomo , Sony Corp and California-based chip giant Intel Corp pulled out of the Mobile World Congress (MWC) in Barcelona on Monday because of the coronavirus outbreak.
Asian share markets followed Wall Street higher on Tuesday even as doubts grew about how quickly China's factories could get back to work given that the coronavirus continues to spread and deaths mount.
Chinese firm Xinchao Media has laid off 500 people, or just over 10% of its workforce, saying it needed to resort to such measures to survive the impact of the coronavirus outbreak.
Asian share markets followed Wall Street higher on Tuesday as China's factories struggled to re-open after an extended break, though analysts warned investors might be underestimating how economically damaging the challenge was likely to be.
An Australian investigator who helped bring criminal cartel charges against Citigroup Inc and Deutsche Bank AG said he first heard concerns about a stock issue they worked on from a rival regulator, but the agencies acted independently.
Plans to cut some of South African Airways' (SAA) domestic and international routes are aimed at making the airline sustainable and free from government funding after restructuring, experts appointed to try to rescue the company said on Sunday.
U.S. Energy Secretary Dan Brouillette said on Friday that Canada and Mexico could help export U.S. coal to Asia to get around the blocking of shipments by West Coast states concerned about the impact of the fuel on climate change.
Senior members of Prime Minister Boris Johnson's Conservatives who have demanded Chinese telecoms giant Huawei must not have a role in Britain's 5G mobile network are conducting "a kind of witch-hunt", China's ambassador to London said on Sunday.
The local government of the city of Shenzhen in southeastern China said on Sunday it had not blocked plans by Apple supplier Foxconn to resume production, adding that the company would restart once inspections were completed.