Airbus agrees to settle corruption probes with France, UK, U.S.
Airbus faces billions of dollars of fines after agreeing in principle to a settlement with French, British and U.S. authorities following a crippling three-year investigation into allegations of bribery and corruption.
3M forecast 2020 profit below estimates on weak Asia demand
U.S. industrial giant 3M Co forecast 2020 profit below expectations and narrowly missed quarterly revenue estimates on Tuesday, as it faces sluggish demand in Asia, its largest market outside the United States, sending its shares down 2.4%.
Services in spotlight after Apple stock market value hits $1.4 trillion
When Apple Inc posts quarterly results on Tuesday, investors will be looking for fresh evidence the iPhone maker should be treated as a producer of high-margin, subscription services after its stock market value touched $1.4 trillion and its earnings …
Pfizer posts 9% fall in fourth-quarter revenue
Pfizer Inc reported a 9% drop in fourth-quarter revenue, hurt by intense competition for its pain treatment Lyrica that lost patent protection last year.
Factbox: Return to Paris – De Meo set to take the wheel at Renault
Renault’s board is expected to meet later on Tuesday to approve the nomination of Luca de Meo, the former head of Volkswagen’s Seat brand, as its next chief executive.
Xerox fourth-quarter revenue falls
Xerox Holdings Corp , which is locked in a battle to take over HP Inc , posted a fall in quarterly revenue on Tuesday as more businesses digitized their paperwork, hurting demand for printers and photocopiers.
Facebook, HSBC and others curb travel to China as warnings grow
Facebook Inc and other global companies including LG Electronics Inc and HSBC are restricting travel to China, as the death toll from a flu-like virus rose above 100 on Tuesday.
Goldman says staff with mainland China exposure should avoid office
Goldman Sachs has instructed staff who have been in mainland China to work from home or be out of the office for 14 days since they were last there, according to an internal notice.
Johnson’s choice: Britain faces policy test over Huawei 5G role
Prime Minister Boris Johnson will decide if China’s Huawei should have a role in Britain’s future 5G mobile network on Tuesday, a choice that risks damaging relations with the United States or China on the eve of Brexit.
Renault poised to name VW manager De Meo as CEO: sources
Renault’s board is set to meet later on Tuesday to approve the nomination of Luca de Meo, the former head of Volkswagen’s Seat brand, as its next chief executive, two sources familiar with the matter said.
