GM shuts Australia, NZ operations; sells Thai plant to Great Wall
NEW YORK/BEIJING (Reuters) – General Motors Co (GM.N) said it would wind down its Australian and New Zealand operations and sell a Thai plant in the latest restructuring of its…
Oil edges up as output cut hopes offset coronavirus concern
NEW YORK/LONDON (Reuters) – Oil prices inched up on Monday as concerns over the economic fallout from the coronavirus outbreak in China were offset by expectations that potential production cuts…
Euro zone ministers discuss fiscal boost options as virus worries weigh
BRUSSELS (Reuters) – 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…
U.S. mulls cutting Huawei off from global chip suppliers, with TSMC in crosshairs
WASHINGTON (Reuters) – The Trump administration is considering changing U.S. regulations to allow it to block shipments of chips to Huawei Technologies from companies such as Taiwan’s TSMC (2330.TW), the…
Timeline: Bombardier’s journey from Ski-Doo maker to business jet maker
(Reuters) – 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…
Apple unlikely to meet revenue guidance due to coronavirus impact
(Reuters) – Apple Inc (AAPL.O) said on Monday it would not meet its revenue guidance for the March quarter because of the coronavirus outbreak slowing iPhone production and weakening demand…
Brazilians evacuated from China amid coronavirus land in Brazil
Brazilian citizens from China’s coronavirus-struck Wuhan, arrive at the Air Force base of Anapolis, State of Goias, Brazil, February 9, 2020. REUTERS/Adriano Machado ANAPOLIS, Brazil (Reuters) – The 34 Brazilians…
‘Enemy of mankind’: Coronavirus deaths top SARS as China returns to work
SHANGHAI/BEIJING (Reuters) – China raised the death toll from its coronavirus outbreak to 811 on Sunday, passing the number killed globally by the SARS epidemic, as authorities made plans for…
China coronavirus putting more pressure on pork supplies, prices: official
BEIJING/SHANGHAI (Reuters) – China’s coronavirus outbreak has delayed the launch of new pig breeding facilities and put even more pressure on pork supplies and prices, an official with the agriculture…
China to help key industries to return to work as soon as possible: CCTV
BEIJING/SHANGHAI (Reuters) – China’s cabinet says workers in key industries must be helped to return to work as soon as possible in order to resume the production of vital food…