Siemens Healthineers' operating income slipped 11% in the first quarter, despite higher revenue, as the German company sold less profitable imaging machines and incurred ramp-up costs for its new blood-testing machines.
Bernard Ebbers, who built WorldCom Inc into a telecommunications giant and was convicted in one of the largest U.S. accounting scandals, died on Sunday, his family said in a statement. He was 78.
China's central bank said it will inject 1.2 trillion yuan ($173.8 billion) worth of liquidity into the markets via reverse repo operations on Monday, as the country prepares to reopen its stock markets amid a new coronavirus outbreak.
As global investors shift away from heavy industry in favor of cleaner sectors, mining companies are losing billions in financing, raising the cost of capital and jeopardizing projects.
Malaysia's securities regulator said on Sunday it will examine whether AirAsia Group and unit AirAsia X broke securities laws, after UK prosecutors accused executives of receiving bribes from Airbus for buying planes.
Credit Suisse , which has faced a scandal related to spying on senior executives, also conducted espionage against Greenpeace, Swiss newspaper SonntagsZeitung reported.
China's central bank said it will inject 1.2 trillion yuan ($174 billion) worth of liquidity into the markets via reverse repo operations on Monday as its stock markets prepare to reopen amid an outbreak of a new coronavirus.
Japanese automaker Honda Motor Co plans to resume car production at its China venture with Dongfeng Automobile on Feb. 14, according to current government guidance, a company spokesman told Reuters on Sunday.
Less than the cost of living alone in many high-priced cities, communal housing is becoming more and more popular. This more affordable option has taken on a life of its own.
Pymts.com | Jan 30, 2020 Production supply chains are likely to feel the impact of the coronavirus as it spreads in China and spreads across borders. As China cuts off transportation access to and from cities like Wuhan, and dozens of airlines have canceled international flights to the country, the question of just how trade
Investors are bracing for a potential plunge in Chinese markets on Monday when onshore trade in stocks, bonds, yuan and commodities resumes following the Lunar New Year break and a steep global selldown on fears about the spread of a new virus.
Asian markets are set for another bumpy ride on Monday on fears about the hit to world growth from the rapidly spreading coronavirus, with all eyes on China where trading resumes following the Lunar New Year break.
The U.S. Department of Homeland Security (DHS) issued rules on Sunday to implement new restrictions on Americans who have recently visited China to address the threat of the coronavirus.
Germany's current account surplus remained the world's largest last year despite trade tensions, the Ifo economic institute will say on Monday, in an estimate likely to renew criticism of Chancellor Angela Merkel's fiscal policies.
Union workers at Exxon Mobil Corp’s Baytown, Texas, refinery rejected a contract extension in voting completed on Friday, said sources familiar with the vote.