[ad_1] (Reuters) – United Parcel Service Inc on Thursday said accelerated spending on weekend deliveries and speedier service would take a bite out of 2020 earnings, sending shares down almost 5 percent in midday trading.
Taiwan to stabilise markets after tumble on virus fears
[ad_1] TAIPEI (Reuters) – Taiwan will act to stabilise the stock and foreign exchange markets, President Tsai Ing-wen said on Thursday, as markets there tumbled almost 6% on fears about the outbreak of the new
Wall Street set to drop as China epidemic raises growth concerns
[ad_1] (Reuters) – U.S. stock indexes were set to open lower on Thursday as the coronavirus epidemic fanned concerns of a slowdown in China’s economy, while a mixed batch of earnings from technology firms also
Samsung Electronics fourth-quarter operating profit falls 34%, dogged by chip market downturn
[ad_1] The logo of Samsung Electronics is seen at its office building in Seoul, South Korea January 7, 2019. Picture taken January 7, 2019. REUTERS/Kim Hong-Ji/File Photo SEOUL (Reuters) – Samsung Electronics Co Ltd said
Exclusive: Uniper to shut down German hard-coal power plants by 2025 – sources
[ad_1] FRANKFURT (Reuters) – Uniper over the next five years aims to close three German hard coal-fired power plants, half its European coal-fired capacity, two people familiar with the plans told Reuters. FILE PHOTO: The
Oil falls more than 2% on spread of Wuhan virus
[ad_1] LONDON (Reuters) – Oil prices fell on Thursday on concerns over the potential economic impact of the coronavirus that continues to spread worldwide, while the market also considered the possibility of an early OPEC
Trump’s first presidential portfolio lags job, stock market growth
[ad_1] BOSTON (Reuters) – In his first address to the U.S. Congress, President Donald Trump hailed General Motors Co, Harley-Davidson Inc, Intel Corp and seven other companies as innovators and job creators, predicting they would
Indian Oil December-quarter profit rises threefold
[ad_1] A logo of Indian Oil is seen on the shirt of an employee at a fuel station in New Delhi, August 29, 2016. REUTERS/Adnan Abidi/File Photo BENGALURU (Reuters) – Indian Oil Corp Ltd, the
Struggling state-owned firms hold Balkan economies back
[ad_1] MOSTAR, Bosnia (Reuters) – The aluminium smelter in the Bosnian town of Mostar has fallen eerily silent since its electricity was cut in July. The only visitors to what was once a model factory
Unilever underlying sales growth beats estimates
[ad_1] The logo of the Unilever group is seen at the Miko factory in Saint-Dizier, France, May 4, 2016. REUTERS/Philippe Wojazer/Files (Reuters) – Consumer goods giant Unilever (ULVR.L) UNc.AS posted a slightly better than expected