[ad_1] LONDON (Reuters) – Oil prices rose on Thursday supported by China’s efforts to boost its economy, a drop in new coronavirus cases at the epicentre of the outbreak and supply concerns in Venezuela and
U.S. labor market remains strong; manufacturing likely stabilizing
[ad_1] WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits rose modestly last week, suggesting sustained labor market strength that could help to support the economy amid risks from the coronavirus and weak
Morgan Stanley’s Gorman charts ambitious course with $13 billion E*Trade deal
[ad_1] (Reuters) – Morgan Stanley (MS.N) said on Thursday it would buy discount brokerage E*Trade Financial Corp (ETFC.O) in a stock deal worth about $13 billion, the biggest acquisition by a Wall Street bank since
Microsoft to invest $1.1 billion in Mexico over next five years: CEO
[ad_1] FILE PHOTO: Satya Nadella, Chief Executive Officer of Microsoft, gestures as he attends a session at the 50th World Economic Forum annual meeting in Davos, Switzerland, January 23, 2020. REUTERS/Denis Balibouse/File Photo MEXICO CITY
U.S. weekly jobless claims rise slightly; mid-Atlantic factory activity accelerates
[ad_1] WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits rose modestly last week, suggesting sustained labor market strength that could help to support the economy amid risks from the coronavirus and weak
Thomson Reuters close to naming ex-Nielsen president Hasker as CEO – sources
[ad_1] (Reuters) – Thomson Reuters Corp is close to naming former Nielsen Holdings Plc president Steve Hasker as its next chief executive, succeeding Jim Smith, according to people familiar with the matter. FILE PHOTO: A
Shares of HNA affiliates rally after report of China bailout plan
[ad_1] BEIJING/SHANGHAI (Reuters) – Shares in affiliates of HNA Group surged on Thursday following a news report that China plans to take over the debt-laden conglomerate as the coronavirus outbreak has further hit its ability
Maersk quarterly profit misses forecasts, coronavirus to hit 2020 earnings
[ad_1] FILE PHOTO: A worker is seen next to Maersk shipping containers at a logistics center near Tianjin port, in Tianjin, China December 12, 2019. REUTERS/Yilei Sun COPENHAGEN (Reuters) – Shipping group A.P. Moller-Maersk (MAERSKb.CO) said
Foxconn says cautiously resuming China output, warns coronavirus will hit revenue
[ad_1] TAIPEI (Reuters) – Apple iPhone maker Foxconn (2317.TW) said on Thursday it is cautiously restarting production at its main plants in China and warned revenue will be hurt this year by the coronavirus epidemic.
Schneider Electric estimates coronavirus costs at 300 million euros
[ad_1] (Reuters) – France’s Schneider Electric (SCHN.PA) expects the outbreak of a new coronavirus to cost it around 300 million euros ($323.91 million) in the first quarter, it said on Thursday. FILE PHOTO: The logo