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BEIJING: Volvo Cars may become a public company again, as its Chinese owner Li Shufu considers combining the Swedish automaker with his publicly traded auto unit to create a global carmaker with presence in all major markets.
TAIPEI/ BEIJING: As Chinese-based manufacturers begin to restart factories Monday, no one knows for sure when they’ll be back at full-speed -- or what sort of chaos may ensue.
As Chinese-based manufacturers begin to restart factories on Feb 10, no one knows for sure when they’ll be back at full-speed – or what sort of chaos may ensue.
LONDON (AFP): Given China's economic heft and position at the nexus of global supply chains, the new strain of coronavirus is affecting companies far and wide and in multiple sectors.
(Reuters) - New York Governor Andrew Cuomo on Friday threatened to sue the Trump administration over its decision to restrict New Yorkers' access to some programs that allow faster security checks at ports of entry, part of a dispute about the state's limits on cooperation with current U.S. immigration policy.
HONG KONG (AP): Global stock markets retreated Friday (Feb 7) as France and Germany reported weak factory data and the death toll from a virus outbreak in China rose further.
TOKYO: Toyota Motor Corp has raised its annual operating profit forecast by 4.2% on favourable currency rates and better-than-expected vehicle sales, but added that the impact of the new coronavirus was difficult to gauge and had not yet been factored in.
General Motors Co started off Feb 5 by saying it can sustain profit even as the global car market slumps. That briefly buoyed investors. Then came the hard part:
LONDON (AFP): Given China's economic heft and position in the nexus of global supply chains, the new strain of coronavirus is affecting companies from far and wide in multiple sectors.