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Nestle asks staff to stop international travel amid coronavirus epidemic

Reuters
FILE PHOTO: A Nestle logo in Lausanne, Switzerland April 11, 2019. REUTERS/Denis Balibouse/File Photo (Reuters) – Nestle SA (NESN.S) has asked its staff to halt international travel for business purposes through March 15 as a precautionary measure amid the rapid spread of the coronavirus globally, the Swiss company said on......
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Toyota says Japan plants may be affected by virus-related supply issues

Reuters
A man walks past a Toyota logo at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su TOKYO (Reuters) – Toyota Motor Corp (7203.T) on Wednesday said that operations at its plants in Japan may be affected by supply chain issues linked to the new coronavirus outbreak......
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Trump, Modi hope talks lead to phase one of U.S.-India trade deal: White House

Reuters
U.S. President Donald Trump and India’s Prime Minister Narendra Modi arrive for their joint news conference at Hyderabad House in New Delhi, India, February 25, 2020. REUTERS/Adnan Abidi (Reuters) – U.S. President Donald Trump and Indian Prime Minister Narendra Modi have agreed to “promptly” conclude ongoing trade talks that they......
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Musk’s SpaceX rocket production facility approved by Port of Los Angeles

Reuters
LOS ANGELES (Reuters) – SpaceX, the private rocket company of high tech entrepreneur Elon Musk, won final approval on Tuesday to build a research and manufacturing plant for its deep-space Starship project on a tract of vacant land at the Port of Los Angeles. FILE PHOTO: A crowd gathers before......
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China’s main manufacturing hubs reboot after virus shutdown

Reuters
BEIJING/SHANGHAI (Reuters) – As many parts of China ease coronavirus travel curbs, main manufacturing hubs in the east and south are seeing hundreds of thousands of migrant workers returning to work and more traffic on the roads during rush hours. FILE PHOTO: Traders buy and sell chips and components on......
Reuters - Business

Japan’s ANA orders 15 more Boeing 787 Dreamliners worth $5 billion at list prices

Reuters
FILE PHOTO: All Nippon Airways (ANA) Boeing 787-8 Dreamliner taxis in front of other aircraft at the Tokyo International Airport, commonly known as Haneda Airport in Tokyo, Japan January 10, 2018. REUTERS/Toru Hanai SEATTLE/TOKYO (Reuters) – ANA Holdings Inc (9202.T) said it will buy 15 more Boeing Co (BA.N) 787......
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JPMorgan Chase plans to unveil climate initiatives at investor day

Reuters
NEW YORK (Reuters) – JPMorgan Chase & Co (JPM.N) executives plan to announce new climate-change initiatives on Tuesday, including restrictions on financing coal mining and Arctic drilling, as well as a $200 billion target to provide financing for sustainable projects. FILE PHOTO: A man walks into the JP Morgan at......
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Renault says reserves the right to seek damages depending on Ghosn probe

Reuters
FILE PHOTO: The logo of Renault carmaker is pictured at a dealership in Les Sorinieres, near Nantes, France, February 19, 2020. REUTERS/Stephane Mahe PARIS (Reuters) – Renault (RENA.PA) said on Monday it had filed a civil-party petition after French prosecutors last week opened a formal investigation into alleged misappropriation of......
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Canceled Teck oil sands project underscores global climate-energy policy tension

Reuters
WINNIPEG, Manitoba/OTTAWA (Reuters) – Teck Resources Ltd’s surprise decision to cancel a planned C$20.6 billion ($15.6 billion) oil sands mine in northern Alberta, citing uncertainty about Canada’s climate policy, underscores a global struggle to balance energy growth with environmental concerns. FILE PHOTO: Visitors pass a logo of Teck Resources Ltd......
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U.S. Supreme Court rejects Apple appeal in patent fight with VirnetX

Reuters
FILE PHOTO: The Apple Inc. logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar/File Photo WASHINGTON (Reuters) – The U.S. Supreme Court on Monday refused to hear Apple Inc’s bid to avoid paying about $440......
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Mastercard to add 1,500 technology jobs in Ireland

Reuters
FILE PHOTO: Mastercard Inc. credit cards are displayed in this picture illustration taken December 8, 2017. REUTERS/Benoit Tessier/Illustration DUBLIN (Reuters) – Mastercard Inc (MA.N) plans to hire 1,500 more staff at its global technology hub in Dublin over the next three to five years, more than trebling the size of......
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G20 finance heads eye impact of coronavirus outbreak on growth, see modest pickup

Reuters
RIYADH (Reuters) – Finance chiefs of the world’s top 20 economies vowed to monitor the impact of the coronavirus outbreak on global growth and act if needed, as they said loose monetary policy and easing trade tensions would prompt a pick-up in 2020 and 2021. The Group of 20 (G20)......
Reuters - Business

G20 finance heads see modest growth pickup, to monitor coronavirus

Reuters
RIYADH (Reuters) – Finance leaders of the world’s top 20 economies expect economic growth to pick up modestly this year and next thanks to loose monetary policy and an easing of trade tensions, and vowed to monitor the effects of the coronavirus outbreak. U.S. Treasury Secretary Steven Mnuchin arrives for......
Reuters - Business

Encryption on Facebook, Google, others threatened by planned new bill

Reuters
WASHINGTON (Reuters) – U.S. legislation will be introduced in the coming weeks that could hurt technology companies’ ability to offer end-to-end encryption, two sources with knowledge of the matter said, and it aims to curb the distribution of child sexual abuse material on such platforms. FILE PHOTO: FILE PHOTO: An......
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Samsung Electronics confirms coronavirus case at phone factory complex in South Korea

Reuters
Residents sanitize at a church in Seoul, South Korea, February 22, 2020. Yonhap via REUTERS SEOUL (Reuters) – Samsung Electronics (005930.KS) said on Saturday that one coronavirus case had been confirmed at its mobile device factory complex in the southeastern city of Gumi, causing a shutdown of its entire facility......
Reuters - Business

Boeing finds debris in fuel tanks of many undelivered 737 MAX jets

Reuters
(Reuters) – Boeing Co (BA.N) has found debris in the fuel tanks of dozens of undelivered 737 MAX jets amid ongoing inspections as the Chicago-based planemaker struggles to restore the trust of airlines and the wider public in the grounded fleet. FILE PHOTO: An employee works on a Boeing 737......
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Federal prosecutors probing if Boeing pilot knowingly lied to FAA: NYT

Reuters
(Reuters) – Federal prosecutors investigating Boeing Co (BA.N) are examining whether the U.S. planemaker knowingly misled the Federal Aviation Administration while it was seeking approval for its 737 MAX jet, the New York Times reported, citing two people familiar with the matter. FILE PHOTO: Grounded Boeing 737 MAX aircraft are......
Reuters - Business

Federal prosecutors investigating whether Boeing pilot knowingly lied to FAA: NYT

Reuters
FILE PHOTO: Grounded Boeing 737 MAX aircraft are seen parked in an aerial photo at Boeing Field in Seattle, Washington, U.S. July 1, 2019. REUTERS/Lindsey Wasson/File Photo (Reuters) – Federal prosecutors investigating Boeing Co (BA.N) are examining whether the U.S. planemaker knowingly misled the Federal Aviation Administration while it was......
Reuters - Business

China firms in $10 billion share sale rush as funding rules eased amid virus worries

Reuters
SHANGHAI (Reuters) – Listed Chinese companies are queuing up to issue shares and have already announced plans to raise more than $10 billion in the past week after fundraising rules were relaxed to help ease cash strains caused by the coronavirus. FILE PHOTO: A woman wearing a face mask crosses......
Reuters - Business

Global central bankers scour shopping malls, manufacturers for coronavirus playbook

Reuters
WASHINGTON/RIYADH/FRANKFURT – (Reuters) – In the days after a new virus was identified in China on Dec. 31, global central bankers fell back on past experience for a comforting early analysis. FILE PHOTO: A man wearing a face mask walks past a shop of a French luxury cosmetic brand Lancome......

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