Toyota plans new $1.2 billion EV plant in Tianjin with FAW: document
Japanese automaker Toyota plans to build a new electric vehicle plant in the Chinese city of Tianjin with its local partner FAW Group, a document from the local authorities showed.
Japanese automaker Toyota plans to build a new electric vehicle plant in the Chinese city of Tianjin with its local partner FAW Group, a document from the local authorities showed.
Despite more potential downside, the U.S. equity market is not in a bubble at all.
In many high-priced cities, communal housing is becoming more popular. As a lifestyle, co-living closely resembles college dorm life. And residents love it.
The Trump administration has announced new initiatives to crack down on the sale of Chinese counterfeit goods on e-commerce platforms. Some small firms say it won't be enough.
Overseas travelers should always invest in a medical travel plan. With a potential coronavirus pandemic chilling the world travel market, here's how shop for coverage.
Venezuela has named new vice presidents for four units of state oil company PDVSA, as well as a new president for the unit that handles joint ventures with private oil companies, PDVSA said on Saturday.
American Airlines Inc will suspend all U.S. flights to Milan, the airline said late on Saturday, just hours after the U.S. State Department said it was raising its travel warning for parts of Italy due to the coronavirus outbreak.
Cratering markets are pushing global central banks to the point they all warned against and worried about, of an evolving global economic shock hitting at a time when their capacity to respond in force is in doubt even as investors hound them for action.
With the rapid global spread of the new coronavirus and the U.S. stock market suffering its worst week since the Great Recession, central bankers around the world are under rising pressure to reduce borrowing costs to create a cushion against economic harm. So far they have largely resisted. Following are some of their recent remarks:
Corona beer maker Constellation Brands Inc said on Friday sales of its Corona Extra beer remained strong in the United States in the four weeks to Feb. 16, amid the rapid global spread of the coronavirus.
"The best trade, at a minimum, is no trade," UBS senior portfolio manager Katz said.
The Trump administration on Friday said it would focus on concluding trade agreements with Britain, the European Union and Kenya over the coming year, while strictly enforcing trade laws and pushing for a broader reset of the World Trade Organization.
The S&P 500 fell for the seventh straight day on Friday and the benchmark index suffered its biggest weekly drop since the 2008 global financial crisis on growing fears the fast-spreading coronavirus could push the economy into recession, although stocks regained some ground right at the end of a volatile session.
Trump administration officials have rescheduled for March 11 a critical meeting to discuss potential new U.S. restrictions on sales of technology to Huawei and China, people familiar with the matter said.
The steep market drop triggered by the global coronavirus outbreak has led many companies to hit the 'pause' button on mergers and acquisitions (M&A), sabotaging the hopes of corporate advisers who expected a dealmaking bonanza this year.