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Investment advisers worry U.S. response to coronavirus is too little too late

Reuters Business News - Fri, 02/28/2020 - 06:42
Investment-advisers are increasingly worried that U.S. authorities are not be doing enough to prevent a widespread outbreak of coronavirus in the country, potentially adding further downside to already-battered markets. 
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Geneva car show canceled due to corona woes

Reuters Business News - Fri, 02/28/2020 - 06:33
The Geneva car show that was set to begin next week has been canceled, organizers Palexpo said on Friday, blaming Swiss government heath measures designed to contain coronavirus.
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Former Barclays executives cleared after Qatar fraud trial

Reuters Business News - Fri, 02/28/2020 - 06:24
Three former Barclays executives were acquitted in London on Friday of charges they helped funnel 322 million pounds ($418 million) in secret fees to Qatar in return for rescue financing during the credit crisis.
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Japan minister flying to Lebanon to make case for Ghosn's return

Reuters Business News - Fri, 02/28/2020 - 06:22
Japan's deputy justice minister is traveling to Lebanon this weekend to try to make the case that fugitive ex-Nissan Chairman Carlos Ghosn should stand trial in Japan.
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Aramco secures unconditional EU okay for $69 billion SABIC deal

Reuters Business News - Fri, 02/28/2020 - 06:07
World No. 1 oil producer Saudi Aramco has gained unconditional EU antitrust approval for its $69 billion bid for a 70% stake in petrochemicals group Saudi Basic Industries Corp (SABIC), according to an EU filing.
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London jury clears former Barclays executives after fraud trial

Reuters Business News - Fri, 02/28/2020 - 06:01
Three former Barclays executives were acquitted in London on Friday of charges they helped funnel 322 million pounds ($418 million) in secret fees to Qatar in return for rescue financing during the credit crisis.
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Hyundai Motor halts work at factory after worker tests positive for coronavirus

Reuters Business News - Fri, 02/28/2020 - 05:43
Hyundai Motor shut down a factory in South Korea on Friday after a worker tested positive for the new coronavirus, disrupting production of popular models such as Palisade sport utility vehicle.
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London Stock Exchange on track to close Refinitiv deal as clearing jumps

Reuters Business News - Fri, 02/28/2020 - 05:33
- 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 a rise in annual income driven by a jump in clearing activity.
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China's big airlines resume some global flights halted by coronavirus

Reuters Business News - Fri, 02/28/2020 - 05:10
China's three biggest airlines have restored a fraction of the international flights they halted in the wake of a coronavirus outbreak, heeding a call from the aviation regulator as business activity recovers slowly.
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EasyJet to cancel flights as coronavirus hits demand

Reuters Business News - Fri, 02/28/2020 - 05:04
British budget airline easyJet said on Friday it would cancel flights and cut costs across its business after the coronavirus outbreak hit demand for travel to Italy and other European markets.
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Volkswagen reaches deal with consumer group over diesel scandal: court

Reuters Business News - Fri, 02/28/2020 - 04:59
Volkswagen and a major German consumer group have reached an agreement in a class action lawsuit over the carmaker's rigging of diesel emissions tests, a court in the northern city of Brunswick said on Friday.
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Powered by hydrogen, Hyundai's trucks aim to conquer the Swiss Alps

Reuters Business News - Fri, 02/28/2020 - 04:56
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

Reuters Business News - Fri, 02/28/2020 - 04:52
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

Reuters Business News - Fri, 02/28/2020 - 04:30
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

Reuters Business News - Fri, 02/28/2020 - 03:35
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

Reuters Business News - Fri, 02/28/2020 - 03:00
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

Reuters Business News - Fri, 02/28/2020 - 02:55
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

Reuters Business News - Fri, 02/28/2020 - 02:36
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

Reuters Business News - Fri, 02/28/2020 - 02:36
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

Reuters Business News - Fri, 02/28/2020 - 02:33
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.
Categories: Reuters
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