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Vietnam carrier Vietjet to suspend flights to China from February 1

Vietnamese carrier Vietjet will suspend all flights to and from China from Feb. 1 over coronavirus concerns, the company said on Friday.



5 years ago

Japan Airlines: 25% of reservations for China flights canceled in past 10 days

Japan's second-biggest carrier, Japan Airlines Co, has seen 25% of reservations for China flights canceled in the past 10 days, an executive said on Friday, amid growing concerns over the coronavirus epidemic.



5 years ago

Billionaire Lawrence Stroll takes stake in ailing carmaker Aston Martin

Canadian billionaire Lawrence Stroll will take an up to 20% stake in Aston Martin for nearly 200 million pounds ($263 million) as the ailing carmaker raises funds after a sales drop put pressure on its finances.



5 years ago

Asia shares struggle for footing after rough virus-scarred week

Asian share markets fought to regain their footing on Friday as investors clutched at hopes China could contain the coronavirus, even as headlines spoke of more cases, mounting deaths, flight suspensions and production pauses at factories.



5 years ago

RwandAir suspends flights to China amid the coronavirus outbreak

RwandAir has halted flights to and from China until further notice amid a coronavirus outbreak that has so far killed 213 in China and spread to 18 countries.



5 years ago

East African airlines suspend China flights due to coronavirus

Kenya Airways and RwandAir said on Friday that they had suspended all flights to and from China until further notice after a virus outbreak killed more than 200 people in China and spread to 18 countries.



5 years ago

Investment Red Flags

While there’s no one-size-fits-all rubric to measure a startup pitch against, there are certain red flags you should keep an eye out for. Continue reading

5 years ago

Bayer considering stopping sales of glyphosate to private users: newspaper

Bayer is considering stopping sales of the weedkiller glyphosate to private users who apply it in their gardens, German newspaper Handelsblatt reported on Thursday, citing financial and corporate sources.



5 years ago

Tokyo prosecutors issue arrest warrants for Ghosn, ex-U.S. soldier: Kyodo

Tokyo prosecutors on Thursday issued arrest warrants for a former U.S. special forces soldier and another person suspected of smuggling former Nissan Motor Co boss Carlos Ghosn out of Japan, Kyodo news reported.



5 years ago

Nike faces SEC probe over illicit payment claim: Bloomberg

A lawyer for Michael Avenatti told a jury that Nike Inc was being probed by the U.S. Securities and Exchange Commission (SEC) over claims that it made illicit payments to elite youth basketball players, Bloomberg reported on Wednesday.



5 years ago

After dismal 2019, Samsung pins modest recovery hopes on chip market pick-up

Samsung Electronics Co is counting on a gradual recovery in memory chip demand from data centers and 5G smartphone makers to help it bounce back in 2020 after sliding to its worst operating profit in four years.



5 years ago

U.S. economy growing moderately in fourth-quarter; likely missed Trump's 3% goal in 2019

The U.S. economy likely maintained a moderate pace of growth in the fourth quarter, and probably again fell short of attaining the Trump administration's coveted but elusive 3% annual growth target because of slumping business investment amid damaging trade tensions.



5 years ago

Sweden's AB Volvo plans big shareholder payday as profit beats

Swedish truck maker AB Volvo reported a smaller-than-expected fall in fourth-quarter earnings in the face of slowing demand and unveiled plans on Thursday for a payout to shareholders that blew past market expectations.



5 years ago

Policymakers fret over global growth risks from China virus outbreak

A rapidly spreading virus outbreak in China is emerging as a potentially major new risk to the global economy and leaving policymakers, still grappling with the impact of the Sino-U.S. trade war, fretting over the widening fallout.



5 years ago

Japan issues arrest warrants for ex-U.S. soldier, two others for Ghosn escape

Japanese authorities on Thursday issued arrest warrants for a former U.S. special forces soldier and two other men on suspicion of smuggling former Nissan Motor Co boss Carlos Ghosn out of Japan.



5 years ago