Panasonic Corp reported the first quarterly profit in its U.S. battery business with Tesla Inc on Monday, after several years of production troubles and delays at the U.S. partner.
French carmaker Renault will extend a shutdown at its factory in China's Wuhan until Feb. 13, in line with the Chinese government's guidance over the coronavirus for workers in the city and extended Lunar New year holidays, a spokeswoman said on Monday.
World shares sank to their lowest in seven weeks on Monday, dragged down by a plunge in Asian stocks on their first trading day after a long break on fears the coronavirus epidemic would hit demand in China.
Cigarette maker Imperial Brands Plc named Stefan Bomhard, CEO of car dealer Inchcape , as its new chief executive on Monday to steer the company through challenges in e-cigarettes and vaping and falling consumption of tobacco products.
Some technology firms in China have maintained operations to manufacture parts and products despite government calls in various cities and provinces for companies to halt work to help stop the spread of a new coronavirus.
The chairman of Spain's Santander , Ana Botin, last week bought 1 million shares in the bank, according to a regulatory filing published on Monday.
Payments company Worldline agreed on Monday to buy French rival Ingenico in a 7.8 billion euros ($8.7 billion) deal to create a new European leader in the sector and fend off cut-throat competition from internet and telecoms companies.
Ryanair chief executive Michael O'Leary on Monday said his airline was coming to the stage when it would make sense to slow its target growth rate to 4-5% per year rather than its peak growth rates of 8-9% percent.
OPEC and its allies are considering a further cut in their oil output of 500,000 barrels per day (bpd) due to the impact of the coronavirus on oil demand, two OPEC sources and a third industry source familiar with discussions said.
Goldman Sachs downgraded ExxonMobil to "sell" following disappointing fourth-quarter results, as the Wall Street bank forecasted the oil and gas company will meet only half of its targeted returns by 2025.
Cigarette maker Imperial Brands Plc named Stefan Bomhard, CEO of car dealer Inchcape , as its new chief executive on Monday to steer the company through challenges in e-cigarettes and vaping and falling consumption of tobacco products.
Ryanair has submitted an offer to Boeing for a new order of its grounded 737 MAX jet but does not expect to finalize it until the plane returns to service, Chief Executive Michael O'Leary said on Monday.
Siemens Healthineers' operating income slipped 11% in the first quarter of its financial year, despite higher revenue, as the German company sold less profitable imaging machines and incurred ramp-up costs for its new blood-testing machines.
A gauge of global stocks was near seven-week lows on Monday as Asian stocks plunged on their first trading day after a long break, amid fears the coronavirus epidemic would hit demand in China.
IPPR | Rachel Statham, Lesley Rankin and Douglas Sloan | Jan 24, 2020 The future will have less cash. By 2028, forecasts suggest that fewer than one in 10 UK consumer payments will be made using cash. The digital revolution in finance will transform our economy and shift the balance of economic power. The prospect of