Policymakers fret over risk to global growth 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.
Global stocks tumble over China epidemic worries
Stocks across the world tumbled on Thursday as the death toll from a virus spreading in China reached 170, forcing airlines to cut flights and stores to close as the potential economic hit from the outbreak came into focus.
Frankfurt out of running for German auto show from 2021
Frankfurt will no longer host the German auto show from 2021 after almost 70 years as the home of the annual exhibition of the industry’s latest innovations, the VDA auto association said late on Wednesday.
Oil falls on spread of Wuhan virus, U.S. oil-stocks build
Oil prices fell on Thursday as alarm spread over the economic impact of the Wuhan virus in China, while a bigger-than-expected increase in U.S. crude stocks added to the negative tone.
After meager 2019, Samsung’s modest chip recovery outlook falls flat
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.
Sweden’s AB Volvo plans big shareholder payout 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 announced plans on Thursday for a payout to shareholders that exceeded market expectations.
Fears of pandemic send stocks lower, safe havens in demand
Asian stocks and currencies tumbled further on Thursday, as the rising death toll from a virus spreading from China led airlines to cut flights and stores to close, increasing pressure on the world’s second-largest economy as fears of a pandemic grow.
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.
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.
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.
