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Updated: 4 years 26 weeks ago
Powered by hydrogen, Hyundai's trucks aim to conquer the Swiss Alps
Hyundai's hydrogen-powered 18-tonne trucks are set to hit the roads in Switzerland next month as the South Korean automaker looks to establish a case for its zero-emissions technology in a low carbon world.
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JPMorgan restricts global travel to protect against virus: Bloomberg News
JPMorgan Chase & Co has issued global restrictions on non-essential travel to protect its employees and business from the coronavirus epidemic, Bloomberg News https://bloom.bg/2vnxhyW reported late on Thursday.
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British Airways owner says earnings bets are off as coronavirus hits
British Airways-owner IAG said on Friday that coronavirus would hit its earnings this year but it wasn't sure by how much, becoming the latest airline to warn about the impact of the rapidly evolving outbreak.
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Malaysia's AirAsia X defers A330neo deliveries as virus pressures frail finances
Malaysian long-haul budget airline AirAsia X said it will defer delivery of 78 Airbus SE A330neo planes and consider other changes to reduce its fleet, as the coronavirus outbreak adds pressure on the loss-making carrier.
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Tokyo Disneyland to close through mid-March on coronavirus concerns
Tokyo Disneyland will be closed from Saturday to March 15 due to concerns about coronavirus infections spreading in Japan, its operator said on Friday, leaving all of Walt Disney Co's theme parks in Asia temporarily shut.
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British Airways-owner IAG says coronavirus will hit earnings
British Airways-owner IAG said coronavirus would hit earnings this year but the rapidly evolving nature of the outbreak means it cannot say by how much.
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EasyJet warns of softening demand in wake of coronavirus
British budget airline easyJet warned on Friday it had seen a "significant" softening of demand into and out of its northern Italian bases and a reduction across its other European markets due to coronavirus.
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Rolls-Royce reports $1.1 billion operating loss on Trent 1000
Aerospace engineer Rolls-Royce reported a 2019 operating loss of 852 million pounds ($1.11 billion), after the cost of tackling durability problems with its Trent 1000 engine eclipsed record engine deliveries and a good after-market performance.
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London Stock Exchange on track to close Refinitiv deal as income jumps
The London Stock Exchange Group said on Friday it would complete its $27 billion takeover of analytics company Refinitiv on time this year as it reported higher-than-expected annual income, driven a jump in clearing activity.
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Uniqlo reopens more China stores, most partner factories restart
Fast Retailing , which operates casual clothing chain Uniqlo, said on Friday it had reopened more than 100 stores in China in the past week, while 125 remained closed due to the coronavirus outbreak.
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UBS cuts Ermotti's pay after French court blow, overhauls bonus scheme
UBS Chief Executive Sergio Ermotti cashed in less money in 2019 as the bank made pay concessions related to a French tax case and missed earnings goals during his last full year as CEO.
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World stocks set for worst weekly slump since 2008 as pandemic fears intensify
World share markets were headed for their worst week since the depths of the 2008 financial crisis as investors ditched risky assets on fears the coronavirus would become a pandemic and trigger a global recession.
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Exclusive: Aluminum smelter resurrected on Trump tariffs may close as losses mount
A bankrupt aluminum smelter that re-opened in 2018, after U.S. President Donald Trump imposed tariffs on imported metals, is losing money at such a rapid clip that it could close within 60 days, the top executive at the Missouri plant said on Thursday.
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Malaysia's AirAsia X defers A330neo deliveries as coronavirus crimps demand
Malaysian long-haul budget airline AirAsia X Bhd said it will defer delivery of 78 Airbus SE A330neo planes and consider other changes to reduce its fleet as the coronavirus dents demand.
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Oil prices on track for biggest weekly decline in over four years
Oil prices plunged to their lowest in more than a year on Friday, putting them on track for the biggest weekly decline in more than four years, as the rapid spread of the coronavirus stoked fears of slowing global demand.
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World stocks set for worst week since 2008 as virus stokes recession fears
World share markets were headed for the worst week since the depths of the 2008 financial crisis as investors ditched risky assets on fears the coronavirus would become a pandemic and trigger a global recession.
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Public Storage only bidder left for National Storage with $1.25 billion bid
U.S.-based Public Storage emerged on Friday as the likely buyer of Australia's largest self-storage operator National Storage REIT with its current A$1.89 billion ($1.25 billion) offer, after two rivals dropped out of the race.
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Japan's January factory output beats forecasts but slowdown expected
Japan's factory output rose more than expected in January, providing some relief for policymakers amid heightened risks of a recession as the coronavirus outbreak in China disrupts supply chains and business activity.
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Oil prices fall again, on track for biggest weekly drop in over 4 years
Oil prices fell for a sixth straight session on Friday and were on track for about a 12% weekly fall, the biggest in more than four years, as the spread of the coronavirus outside China raised fears of slowing global demand.
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World stocks set for worst week since 2008 as virus fears grip markets
Global share markets were headed for the worst week since the depths of the 2008 financial crisis as investors ditched risky assets on fears the coronavirus would become a pandemic and derail economic growth.
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