Oil prices slip as coronavirus concerns linger
Oil prices slipped on Tuesday on lingering concerns over the economic impact of the coronavirus outbreak in China and its effect on oil demand, tracking losses in financial markets.
U.S. stock futures retreat, Asia dips after Apple warns on virus impact
U.S. stock futures slipped from record levels on Tuesday after Apple Inc said it will not meet its revenue guidance for the March quarter as the coronavirus outbreak slowed production and weakened demand in China.
Apple unlikely to meet revenue guidance due to coronavirus impact
Apple Inc warned on Monday it was unlikely to meet a sales target set just three weeks ago amid lost production and weakening demand in China from the coronavirus outbreak.
Timeline: Bombardier’s journey from Ski-Doo maker to business jet maker
Alstom SA on Monday agreed to buy Bombardier Inc’s train business for up to 6.2 billion euros ($6.7 billion), days after Airbus SE agreed to buy out Bombardier’s remaining stake in the A220 passenger jet program, helping the company improve its financi…
U.S. mulls cutting Huawei off from global chip suppliers, with TSMC in crosshairs
The Trump administration is considering changing U.S. regulations to allow it to block shipments of chips to Huawei Technologies [HWT.UL] from companies such as Taiwan’s TSMC , the world’s largest contract chipmaker, two sources familiar with the matte…
Apple says will not meet revenue guidance for March quarter due to coronavirus impact
Apple Inc said on Monday it will not meet its revenue guidance for the March quarter due to the coronavirus outbreak slowing production and weakening demand in China.
Apple says will not meet revenue guidance for March quarter due to coronavirus outbreak
Apple Inc said on Monday that it will not meet its revenue guidance for the March quarter due to the coronavirus outbreak affecting both production and demand in China.
Amazon’s Bezos pledges $10 billion to climate change fight
Amazon Chief Executive Officer Jeff Bezos will commit $10 billion to fund scientists, activists, nonprofits and other groups fighting to protect the environment and counter the effects of climate change, he said on Monday.
Alstom to buy Bombardier rail unit for up to $6.7 billion
France’s Alstom SA has agreed to buy the rail division of Canada’s Bombardier Inc for up to 6.2 billion euros ($6.7 billion) to create the world’s No. 2 train manufacturer and better take on Chinese leader CRRC Corp.
Euro zone ministers discuss fiscal boost options as virus worries weigh
Euro zone finance ministers discussed ways to pursue a more growth-friendly fiscal policy mix on Monday, in a potential nudge to Germany and the Netherlands to spend more as fears of a downturn grow in the wake of the coronavirus epidemic.
