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…
Category: Business
Ex-Nissan boss Ghosn says Renault/Nissan results ‘pathetic’
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…
Adevinta wins auction to buy eBay’s classified ads unit for nearly $9 billion
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,…
Renault’s first half vehicle sales down 34.9%, ZOE electric model shines
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…
Goldman Sachs executives in Malaysia to discuss 1MDB
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…
Equity markets rebound on EU fund optimism; gold edges higher
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…
Global banks scrutinize their Hong Kong clients for pro-democracy ties
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…