Bosch CEO warns coronavirus could hit global auto supply chains
- The chief executive of Robert Bosch, the world's biggest auto components supplier, warned that coronavirus could impact its global supply chain, which is heavily dependent on China.
Wed, 29 Jan 2020 04:03:30 -0500
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Ford to resume production at China joint venture with Changan on February 10
- Ford Motor plans to resume production on Feb. 10 at its manufacturing facilities in China with joint venture partner Chongqing Changan Automobile , a spokesman for the U.S. automaker said on Wednesday.
Wed, 29 Jan 2020 03:09:45 -0500
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Oil rises as markets wait on virus impact; U.S. stocks fall
- Oil prices rose for a second day on Wednesday, recouping some losses after a five-day rout on talk that OPEC could extend oil output cuts if a new coronavirus hurts demand, while data showing a decline in U.S. stockpiles helped steady prices.
Wed, 29 Jan 2020 02:57:41 -0500
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Investors find some Unilever foods hard to swallow
- Six months after Unilever's Alan Jope suggested he may get rid of brands without "purpose", investors are wondering when he will deliver.
Wed, 29 Jan 2020 02:26:22 -0500
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For airlines, China boom now exposes them to risk as coronavirus slams market
- China's growth has helped power a global aviation boom over the last decade, but as the country curtails travel in the face of a new coronavirus, a slowdown could hit the industry harder than ever before.
Wed, 29 Jan 2020 02:09:47 -0500
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Trump to sign North American trade pact at White House; key Democrats not invited
- U.S. President Donald Trump will sign a new North American trade agreement on Wednesday in an outdoor ceremony at the White House to be attended by about 400 guests - but not the key Democrats who helped secure congressional passage of the deal.
Wed, 29 Jan 2020 01:59:33 -0500
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Exclusive: Do or die - Nissan takes the axe to the house Ghosn built
- Nissan is planning aggressive cost cuts to deal with an unexpected slump in sales as the expansionist strategy it inherited from fugitive former Chairman Carlos Ghosn flounders, four people familiar with the plans said.
Wed, 29 Jan 2020 01:36:42 -0500
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Hong Kong stocks pull Asian shares lower but futures offer hope
- Asian shares fell on Wednesday as a spike in new Chinese virus cases sent Hong Kong stocks tumbling and added to worries about the economic impact of the outbreak.
Wed, 29 Jan 2020 01:14:22 -0500
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Focus at Goldman's first investor day will be on its consumer bank Marcus
- As Goldman Sachs Group Inc approaches its first-ever investor day on Wednesday, all eyes are on its tiniest business division, the consumer bank, and how the Wall Street powerhouse will get it to grow.
Wed, 29 Jan 2020 01:11:08 -0500
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Fed likely to keep interest rates on hold, focus on balance sheet
- The Federal Reserve will conclude its latest policy meeting on Wednesday with interest rates almost certainly to remain on hold but officials likely to discuss possible changes to how they manage the U.S. central bank's key overnight borrowing rate.
Wed, 29 Jan 2020 01:04:23 -0500
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