Record $4 billion Airbus fine draws line under ‘pervasive’ bribery
Airbus bribed public officials and hid the payments as part of a pattern of worldwide corruption, prosecutors said on Friday as the European planemaker agreed a record $4 billion settlement with France, Britain and the United States.
Amazon holiday quarter delivers, threatens profit squeeze for UPS and FedEx
Amazon.com Inc’s rapid expansion of one-day shipping delivered a strong holiday quarter and showed the rising ambition of the company, which in six years has created a network that handles nearly as many packages as FedEx Corp .
U.S.-UK trade deal needs labor, climate protections, enforcement: U.S. lawmaker
A future U.S.-UK trade agreement must incorporate strong provisions on worker rights, environmental protection, and enforcement to ensure bipartisan support, U.S. House Ways and Means Committee Chairman Richard Neal said on Friday, staking out a claim …
U.S. ramps up anti-coronavirus measures at border as impact spreads
The United States ramped up its response to the coronavirus epidemic on Friday, declaring a public health emergency and saying it would halt entry to foreign nationals who had been to China within the 14-day incubation period.
Walmart temporarily limits ‘non-business critical travel’ to China
Walmart Inc , the world’s largest retailer, said it is temporarily limiting “non-business critical travel” to China amid the coronavirus outbreak.
As coronavirus misinformation spreads on social media, Facebook removes posts
Facebook Inc said it will take down misinformation about China’s fast-spreading coronavirus, in a rare departure from its usual approach to dubious health content that is presenting a fresh challenge for social media companies.
China’s Tianjin closes schools, firms until further notice to curb virus: state media
The northern Chinese city of Tianjin has ordered schools and non-essential companies to remain closed until further notice to curb the spread of the coronavirus that has already infected thousands in the country, a local government-run newspaper said.
China’s total coronavirus deaths hit 259 by end of Jan. 31, up 46: state media
The total number of deaths from a coronavirus epidemic in China had reached 259 by the end of Friday, Jan. 31, up by 46, state broadcaster CCTV said, citing numbers from the country’s National Health Commission.
Paraguay restricts travelers from China amid virus outbreak
Landlocked Paraguay said on Friday that it had suspended indefinitely issuance of visas to people traveling from China because of the coronavirus outbreak centered in the city of Wuhan, Hubei province.
Exxon, Chevron results augur tough year ahead, shares drop
Weaker crude oil and gas prices drove quarterly results sharply lower at Exxon Mobil Corp and Chevron Corp, pushing down shares at the two largest U.S. oil producers and signaling a weak start to the new year.
