Billionaire Lawrence Stroll buys stake in Aston Martin
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.
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.
Japan’s JTB to cancel all tours to China until the end of February: Kyodo
Japan’s JTB Corporation, Japan’s biggest travel agency, is suspending all tours to China, including Hong Kong and Macao, until February 29, Kyoto news agency reported on Friday.
Oil climbs as WHO declares emergency, says it ‘opposes’ travel, trade restrictions
Oil prices rose on Friday following sharp losses this week, as the World Health Organization (WHO) came out against travel and trade restrictions in declaring a global emergency over the spread of a coronavirus that originated in China last year.
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.
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.
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.
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.
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.
Swiping their way higher: Visa, Mastercard could be the next $1 trillion companies
Tech and internet titans were the first to reach $1 trillion in stock market value, but the next U.S. companies that could do so are better known for their plastic.