Whirlpool Corp beat analysts' estimates for quarterly earnings and forecast 2020 profit largely above expectations on Monday, as the appliances maker raised prices and reined in expenses to cushion the impact of higher production costs.
Stocks markets tumbled worldwide on Monday and investors worried about the possible economic impact of the coronavirus drove up the price of safe-haven assets such as the Japanese yen and government debt.
Britain's decision on whether to allow Huawei to supply equipment for 5G mobile networks comes at a delicate time, with debate raging in European capitals over the security implications of reliance on Chinese technology.
Prime Minister Boris Johnson will meet senior ministers on Tuesday to decide whether to allow the use of equipment made by China's Huawei in Britain's future 5G mobile network.
Whirlpool Corp beat analysts' estimates for quarterly earnings and forecast 2020 profit largely above expectations on Monday, as the appliances maker raised prices and reined in expenses to cushion the impact of higher production costs.
Twelve leading beer, wine and spirits companies have pledged to put clear age-restriction labels on their drinks and set tighter controls on access to their online content in a bid to reduce underage drinking.
Asian shares slipped again on Tuesday as China took more drastic steps to combat the coronavirus, while bond yields fell globally on expectations central banks would need to keep stimulus flowing to offset the likely economic drag.
America Movil, the telecoms giant controlled by the family of Mexican billionaire Carlos Slim, said on Monday that one of its subsidiaries had been fined 1.3 billion pesos ($69.53 million) by Mexico's telecoms regulator.
Johnson & Johnson Chief Executive Alex Gorsky on Monday faced questions from plaintiffs lawyers over the timing of his sale of company stock, as he testified for the first time in a jury trial over allegations that the company's Baby Powder causes cancer.
Caterpillar Inc said on Monday former Boeing Co Chief Executive Officer Dennis Muilenburg had resigned from its board.
Nigeria's business capital of Lagos will ban commercial motorcycles from operating in large parts of the city, the state government announced on Monday, a move that could change the commute for thousands and threaten ride-hailing startups.
America Movil, the telecoms giant controlled by the family of Mexican billionaire Carlos Slim, said in a regulatory filing on Monday that one of its subsidiaries had been fined 1.3 billion pesos ($69.53 million) by Mexico's telecoms regulator.
Renault's board is set to meet on Tuesday to approve naming Luca de Meo, formerly the head of Volkswagen's Seat brand, as its next chief executive, Le Figaro newspaper reported on Monday.
Boeing Co has secured financing commitments for more than $12 billion from over a dozen banks, a source familiar with the matter said on Monday, as financial pressures mount due to a production halt on its 737 MAX aircraft.
Crude futures dropped 2% to three-month lows on Monday as the death toll from China's coronavirus grew, curtailing travel and fueling expectations of slowing oil demand.