Takeda Pharmaceutical Co Ltd said it now expects an operating profit for the full year, as opposed to its earlier projection for a loss, due to stronger sales and cost savings from its integration with Shire Plc.
Hyundai Motor plans to gradually suspend production at its South Korean factories from Tuesday, the first global major automaker to do so outside China, due to supply chain disruptions caused by the coronavirus outbreak.
Danish brewer Carlsberg on Tuesday reported full-year sales broadly in line with expectations, helped by stronger sales in Asia, and said it expects to deliver mid-single-digit organic operating profit growth in 2020.
Some technology firms in China have maintained operations to manufacture parts and products despite government calls in various cities and provinces for companies to halt work to help stop the spread of a new coronavirus.
Asian stocks bounced on Tuesday with Chinese markets reversing some of their previous plunge amid official efforts to calm virus fears, although sentiment remained fragile with oil near 13-month lows.
AirAsia Group Bhd's Tony Fernandes on Tuesday denied a now-defunct Formula 1 racing team formerly co-owned by him had any links to a bribery scandal involving the Malaysian airline's only plane supplier, Airbus SE .
Shares of Asian companies in Tesla Inc's battery supply chain surged on Tuesday after Panasonic Corp's report on the first profit at its battery venture with Tesla boosted investor confidence in the U.S. electric vehicle (EV) maker.
The U.S. Commerce Department on Monday finalized a new rule to impose anti-subsidy duties on products from countries that it has determined undervalue their currencies against the dollar, including potentially China.
Asian stocks bounced on Tuesday with Chinese markets reversing some of their previous plunge amid official efforts to calm virus fears, although sentiment remained fragile with oil near 13-month lows.
Shares of budget airline AirAsia Group and its long-haul subsidiary, AirAsia X , fell in early trade on Tuesday after the group's CEO Tony Fernandes and Chairman Kamarudin Meranun said they would step aside for two months.
Oil prices rose on Tuesday, matching moves in other financial markets as investors regained calm after Monday's sharp sell-off on fears of the impact of the China coronavirus on demand sent crude to its lowest level in more than a year.
A California lawmaker has introduced a bill aimed at making PG&E Corp a publicly owned utility, a year after liabilities from wildfires traced back to some of its equipment pushed the power producer into bankruptcy.
Alphabet Inc's new Chief Executive Sundar Pichai unveiled sales figures that investors have long demanded, but shares fell 5% as Google's advertising business and the new data about YouTube and Google Cloud broadly disappointed.
Investment Executive | Greg Dalgetty | Jan 31, 2020 Firms also can use technology to facilitate client onboarding and to make client reporting more engaging and interactive The Canadian Securities Administrators’ (CSA) revised client-focused reforms (CFRs), published last November, could give financial advisory firms a kick in the pants when it comes to implementing new
Shares of Panasonic Corp jumped more than 8% in early Tuesday trade after the Japanese electronics conglomerate the previous day reported its first quarterly profit at its U.S. battery venture with Tesla Inc.