Honda may keep Wuhan plants closed longer due to outbreak: Nikkei
Honda Motor Co is considering keeping operations suspended for longer than planned at its three plants in the Chinese city at the center of the new coronavirus outbreak, the Nikkei newspaper reported on Thursday.
Britain seeking far-reaching tariff cuts in post Brexit U.S. trade deal
Britain is seeking far-reaching reductions in tariffs in a trade deal with the United States, trade minister Liz Truss said on Thursday, setting out the broad aims of her post-Brexit push to secure new free trade agreements.
Exclusive: China’s mobile giants to take on Google’s Play store – sources
China’s Xiaomi , Huawei Technologies [HWT.UL], Oppo and Vivo are joining forces to create a platform for developers outside China to upload apps onto all of their app stores simultaneously, in a move analysts say is meant to challenge the dominance of …
Payments in high-value deals not a bribe, Mahathir says about AirAsia probe
Malaysian Prime Minister Mahathir Mohamad said on Thursday payments received to offset the costs of a high-value order could not be constituted as a bribe.
Drugmaker Sanofi expects further profit growth from narrowed focus
French drugmaker Sanofi on Thursday forecast further profit growth for 2020 even as it drops some research in areas such as diabetes in a shake-up to narrow its focus on blockbuster treatments including eczema medicine Dupixent.
Total beats quarterly forecasts despite low oil price, lifts payout
Total beat forecasts on Thursday by keeping net adjusted profit for the fourth quarter steady at $3.2 billion despite low oil prices and fulfilled a pledge to boost dividends, lifting the French energy major’s shares.
Toyota lifts profit outlook, mulls alternatives to China-made parts amid virus outbreak
Toyota Motor Corp nudged up its annual operating profit forecast by 4.2% on favorable currency rates and better-than-expected sales, but added the impact of the new coronavirus was hard to gauge and had not yet been factored in.
Stocks gain as China cuts tariffs, investors look beyond virus
Stock markets across the world gained on Thursday, helped by record highs on Wall Street and a move by China to halve tariffs on some U.S. goods as investors bet that the global economy would avoid long-term damage from the coronavirus.
Total beats quarterly forecasts, lifts dividends despite low oil price
Total beat forecasts on Thursday by keeping net adjusted profit for the fourth quarter steady at $3.2 billion and fulfilled its pledge to boost dividends despite low oil prices, lifting the French energy major’s shares by 3%.
Deutsche Bank welcomes Capital Group with 3.1% stake
Deutsche Bank said on Thursday that Capital Group now holds a 3.1% stake in the German bank, making the Los Angeles-based firm one of its largest shareholders.
