OPEC curbs, supply risks to buoy oil prices in 2020: Reuters poll
Oil prices will remain supported near current levels this year as persistent geo-political risks and OPEC-led output curbs help offset growing supply from other producers, a Reuters poll showed on Friday.
France’s Orange chooses Nokia and Ericsson to deploy its 5G network at home
Orange , France’s biggest telecoms company, said it had chosen Nokia and Ericsson to deploy its 5G network in mainland France, as China’s Huawei Technologies faces intense political scrutiny in Europe.
Billionaire Lawrence Stroll shifts Aston Martin into the fast lane
Canadian billionaire Lawrence Stroll has agreed to buy up to 20% of Aston Martin and rename his Formula One team after the 107-year-old company famed for being fictional secret agent James Bond’s car of choice.
Oil rises as WHO declares emergency but opposes travel ban
Oil prices rose on Friday but were still set for a fourth consecutive weekly loss, as markets attempted to assess the economic damage of the new coronavirus that has spread from China to around 20 countries, killing more than 200 people.
Governments launch rewrite of international tax rules
Nearly 140 governments have agreed to launch a rewrite of decades-old cross-border tax rules for the digital age over the coming months, the Organization for Economic Cooperation said on Friday after talks this week in Paris.
Exclusive: EssilorLuxottica’s €7.2 billion Dutch deal faces full EU probe – sources
EssilorLuxottica’s 7.2 billion euro ($8 billion) bid for Dutch opticians group GrandVision faces a full-scale EU antitrust investigation after it declined to offer concessions to address concerns, people familiar with the matter said on Friday.
‘Frost on top of snowfall’: Virus piles pressure on China’s industrial machine
The coronavirus is threatening to disrupt large parts of China’s manufacturing machine and its global supply chains as the spread of infection and strict public health measures force companies and workers to remain idle.
Timeline: Twists and turns in Aston Martin’s long history
Canadian billionaire Lawrence Stroll will take a stake of up to 20% in luxury carmaker Aston Martin Lagonda Global Holdings, as the ailing British firm raises funds after a sales decline put pressure on its finances.
U.S. could face difficulties sanctioning Danske over money-laundering: report
U.S. authorities could face difficulties fining Danske Bank over its involvement in suspected money-laundering in Estonia, according to a report by S&P Global Market Intelligence.
Shares struggle for footing after virus-battered week
World shares were heading for their biggest weekly losses since August on Friday and oil and metals markets were showing even more brutal damage, as investors worried over the fallout from China’s coronavirus epidemic.
