Exclusive: Hundreds of Chinese businesses seek billions in loans to contend with coronavirus – sources
More than 300 Chinese companies are seeking bank loans totaling at least 57.4 billion yuan ($8.2 billion) to help to soften the impact of the coronavirus outbreak, two banking sources said.
Asia shares inch up, coronavirus anxiety keeps investors edgy
Asian share markets looked set for another cautious session on Tuesday as investors tried to judge how quickly China’s factories could return to work as the coronavirus continues to spread and deaths mount.
Asia shares inch up, coronavirus anxiety keeps investors edgy
Asian share markets looked set for another cautious session on Tuesday as investors tried to judge how quickly China’s factories could return to work as the coronavirus continues to spread and deaths mount.
Hudson’s Bay Co seeks to bolster Saks off-price stores with staff move
Saks Fifth Avenue owner Hudson’s Bay Co on Monday named a president to lead its off-price business, known as Saks Off 5th, the latest example of a department store chain trying to bolster its outlet stores.
Hudson’s Bay Co seeks to bolster Saks off-price stores with staff move
Saks Fifth Avenue owner Hudson’s Bay Co on Monday named a president to lead its off-price business, known as Saks Off 5th, the latest example of a department store chain trying to bolster its outlet stores.
U.S. district judge expected to rule in favor of Sprint-T-Mobile merger: WSJ
A U.S. district judge is expected to rule in favor of Sprint and T-Mobile merger, the Wall Street Journal reported on Monday, citing people familiar with the matter.
Trump’s budget proposes sale from emergency oil reserve
President Donald Trump’s 2021 budget released on Monday proposed a sale of 15 million barrels of oil from the emergency petroleum reserve to help pay for projects overseen by the Department of Energy.
Judge denies Uber’s, Postmates’ request to halt California gig worker law
A U.S. judge on Monday rejected a request by Uber Technologies Inc and courier services provider Postmates Inc to block a California labor law from taking effect, saying the bill’s public benefits outweighed the companies’ concerns.
U.S. Transportation Dept. IG to audit FAA pilot training requirements after Boeing 737 MAX crashes
The U.S. Transportation Department’s Office of Inspector General said on Monday it will audit Federal Aviation Administration pilot training requirements for U.S. and foreign air carriers after two deadly crashes of Boeing’s 737 MAX.
Caterpillar says most of its Chinese facilities reopened on February 10
Caterpillar reopened most of its facilities in China on Monday after getting the go-ahead from the local government following the coronavirus outbreak, the company said.
