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Updated: 4 years 27 weeks ago
Shell CEO's 2019 pay halves after fatalities, revenue fall
Royal Dutch Shell Chief Executive Ben van Beurden's pay package halved last year to 10 million euros ($11.3 million) after the energy company suffered seven deaths and saw a drop in revenue.
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China automakers seek government relief after February sales dive 79% on coronavirus
Automakers in China are calling on the government to help after industry-wide sales plunged 79% in February to mark their biggest ever monthly decline, with demand pummelled by the coronavirus outbreak.
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BOJ's Kuroda meets with PM Abe and vows response to coronavirus
The Bank of Japan is ready to take further steps to support the economy in the face of the coronavirus epidemic, Governor Haruhiko Kuroda said after a meeting with Prime Minister Shinzo Abe on Thursday.
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JP Morgan abandons Boeing buy call after three years
JP Morgan analysts have given up on their long-term "overweight" call on Boeing Co shares, cutting their price target for the company by $160 to just $210 dollars in a note to clients on Thursday.
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Silver lining for some: virus shutdown boosts China non-life insurers
Chinese non-life insurers are discovering a silver lining to the cloud spreading over China's economic performance from the coronavirus outbreak - a sharp drop in car accident claims.
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China automakers seek government relief after Feb sales dive 79% on coronavirus
Automakers in China are calling on the government to help after industry-wide sales plunged 79% in February to mark their biggest ever monthly decline, with demand pummelled by the coronavirus outbreak.
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Cineworld could breach debt terms in worst case virus scenario
Cinema operator Cineworld could breach the terms of its existing debt arrangements under a worst case scenario for the impact of the coronavirus over the next few months, the company said in its annual results release on Thursday.
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Sell signal: Trump's shallow virus plan blows floor out of markets
All global investors got from U.S. President Donald Trump's coronavirus package were a shock travel ban on Europe and a flashing signal to sell, and none of the large-scale tax breaks or medical tests for Americans they'd been expecting.
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As S&P 500 selloff approaches 20%, what next?
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China automakers seek policy relief after February sales plunge on coronavirus
Automakers in China are calling on the government to help after industry-wide sales plunged 79% in February to mark their biggest ever monthly decline, with demand pummeled by the coronavirus outbreak.
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Tesco does not expect more than short-term shortages over coronavirus
Britain's biggest supermarket Tesco does not expect to see anything more than short-term shortages of certain products as customers stockpile over coronavirus, its chairmain said on Thursday.
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Nestle mandates JPMorgan to handle Yinlu sale: Bloomberg
Food giant Nestle has mandated JPMorgan Chase & Co. to handle the sale of its struggling Chinese peanut milk business Yinlu that could be valued at about $1 billion, Bloomberg reported on Tuesday, citing sources familiar with the matter.
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U.S. clampdown on European travel heaps new coronavirus woes on airlines
A clampdown on European travel to the United States will heap more pressure on airlines already reeling from the coronavirus pandemic, analysts said, raising the odds of government relief packages as billions of dollars of tourist spending vanish.
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Oil falls 4% as coronavirus pandemic prompts Trump travel ban
Oil prices fell for the second straight day on Thursday amid a broad decline in global markets after the United States banned travel from Europe following the World Health Organization's decision to declare the coronavirus outbreak a pandemic.
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Financial markets wilt, stocks plunge as Trump stuns with Europe travel ban
Financial markets reeled on Thursday as stocks dived and oil slumped after U.S. President Donald Trump took the dramatic step of banning travel from Europe to stem the spread of coronavirus, threatening more disruptions to trade and the world economy.
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Seeking to avoid EU tariffs, Washington state House passes bill to drop Boeing tax break
Washington state's House of Representatives passed a measure on Wednesday night that removes a key tax break for Boeing Co and other aerospace firms, in a bid to head off possible European tariffs on U.S. goods and ease a transatlantic trade dispute over aircraft subsidies.
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China's February auto sales plunge 79%, biggest monthly drop ever
Auto sales in China plunged 79% in February, marking their biggest ever monthly decline, with demand pummeled by the coronavirus outbreak.
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Ban on European travel to U.S. will batter airlines, already roiled by coronavirus
The new U.S. ban on foreign citizens entering the country if they have traveled to Europe in recent weeks will heap more pressure on airlines already reeling from the coronavirus pandemic, hitting European carriers the hardest, analysts said.
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Kuroda says BOJ ready to act to support economy, after meeting PM Abe
Bank of Japan Governor Haruhiko Kuroda said the central bank was ready to respond with further steps to support the economy, after a meeting with Prime Minister Shinzo Abe on Thursday.
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Financial markets reel, stocks plunge as Trump stuns with Europe travel ban
Financial markets reeled on Thursday as stocks dived and oil slumped after U.S. President Donald Trump took the dramatic step of banning travel from Europe to reduce the impact of the coronavirus, threatening more disruptions to trade and the world economy.
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