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Business

Oil steady as virus infections rise but hopes for vaccine lends support

By trackerairgroupcom July 28, 2020July 22, 2020

Oil prices were little changed on Monday as coronavirus cases increased in many countries, though a flurry of announcements about a potential COVID-19 vaccine and ongoing talks over a European…

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Business

Ex-Nissan boss Ghosn says Renault/Nissan results ‘pathetic’

By trackerairgroupcom July 27, 2020July 22, 2020

Former Nissan Motor Co Ltd Chairman Carlos Ghosn took a swipe at his old employers in a newspaper interview on Sunday, calling the Renault and Nissan results “pathetic”, driven as…

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Business

Adevinta wins auction to buy eBay’s classified ads unit for nearly $9 billion

By trackerairgroupcom July 26, 2020July 22, 2020

Norway’s Adevinta has won the auction to buy the bulk of eBay’s classified ads unit for nearly $9 billion, with the U.S. e-commerce firm planning to keep a minority stake,…

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Business

Renault’s first half vehicle sales down 34.9%, ZOE electric model shines

By trackerairgroupcom July 25, 2020July 22, 2020

French carmaker Renault (RENA.PA) on Monday reported a 34.9% drop in worldwide vehicle sales in the first half of the year due to the impact from the new coronavirus outbreak…

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Business

Goldman Sachs executives in Malaysia to discuss 1MDB

By trackerairgroupcom July 24, 2020July 22, 2020

Executives from U.S. investment bank Goldman Sachs would resume negotiations with the Malaysian government this week over the recovery of assets lost in the scandal at sovereign fund 1MDB, Finance…

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Business

Equity markets rebound on EU fund optimism; gold edges higher

By trackerairgroupcom July 23, 2020July 22, 2020

Global equity markets rebounded on Monday on optimism the European Union would approve a recovery fund to help revive regional economies hit by the coronavirus, but worries about the pandemic’s…

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Business

Global banks scrutinize their Hong Kong clients for pro-democracy ties

By trackerairgroupcom July 22, 2020July 22, 2020

Global wealth managers are examining whether their clients in Hong Kong have ties to the city’s pro-democracy movement, in an attempt to avoid getting caught in the crosshairs of China’s…

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