Wall Street steady as investors weigh coronavirus risks
U.S. stocks ticked higher on Monday, as people returned to work in China after an extended new year holiday triggered by the coronavirus outbreak but sentiment remained fragile.
Google plan to buy into largest African wind farm ended by delay
Google’s plans to buy a 12.5% stake in Africa’s largest wind farm have been canceled after delays to the project, Danish wind turbine maker Vestas said on Monday.
WeWork temporarily closes 100 buildings in China over coronavirus: CNBC
Office sharing startup WeWork has temporarily closed 100 buildings in China due to the coronavirus outbreak, Chairman Marcelo Claure said in a CNBC interview on Monday.
Wall St. opens lower as coronavirus fears may hit Apple sales
The main U.S. stock indexes opened lower on Monday, dragged down by losses in Apple as analysts predicted a drop in quarterly smartphone sales in China due to retail store closures and production suspensions due to the coronavirus outbreak.
Ghosn used Nissan-Mitsubishi venture to inflate pay: lawyers
Carlos Ghosn, the fugitive former auto executive, used a joint venture between Nissan and Mitsubishi to inflate his pay, effectively clawing back a cut to his declared wages, and to cover a personal tax debt, lawyers for the companies said on Monday.
Google drops plan to buy into largest African wind farm
Google has canceled plans to buy a 12.5% stake in Africa’s largest wind farm after delays to the project, Danish wind turbine maker Vestas said on Monday.
Nissan to halt production at Japan factory due to coronavirus
Nissan Motor Co will temporarily halt production at its plant in Kyushu, southwestern Japan, due to the coronavirus, the Japanese automaker said on Monday, as the outbreak starts to strain the global supply chain.
Xerox raises takeover offer for HP
Xerox Holdings Corp raised its offer to buy HP Inc to $24 per share from $22 per share on Monday, following several rejections of its previous buyout offer by the PC maker.
Geely Automobile in talks with Volvo to tighten ties
China’s Geely Automobile said on Monday it is in early discussions with Sweden’s Volvo Car AB about combining the two businesses into a global carmaker with listings in Hong Kong and Stockholm.
Top Apple iPhone maker Foxconn restarts key China plant with 10% of workers: source
Apple’s biggest iPhone maker Foxconn got approval to resume production at a key plant in China after being forced to shut it following the coronavirus outbreak, but only 10% of the factory’s workforce has managed to return so far, a source told Reuter…
