WeWork closes 100 buildings in China over coronavirus threat: CNBC
Office sharing startup WeWork has closed 100 buildings in China due to the coronavirus outbreak, Chairman Marcelo Claure said in a CNBC interview on Monday.
Office sharing startup WeWork has closed 100 buildings in China due to the coronavirus outbreak, Chairman Marcelo Claure said in a CNBC interview on Monday.
Apple iPhone maker Foxconn has received Chinese government approval to resume production at a key plant in the southern city of Shenzhen, a source with direct knowledge of the situation told Reuters late on Monday.
China's Geely Automobile and Volvo are in talks about combining their businesses to create a stronger global carmaker with listings in Hong Kong and possibly Stockholm.
More than 300 Chinese companies are seeking bank loans totalling at least 57.4 billion yuan ($8.2 billion) to help to soften the impact of the coronavirus outbreak in China, two banking sources said.
Amazon Web Services is seeking to depose President Donald Trump and Defense Secretary Mark Esper in its lawsuit over the awarding of a U.S. military contract for cloud computing to Amazon rival Microsoft, according to a spokesperson.
U.S. stocks ticked higher on Monday, as people returned to work in China after an extended new year holiday triggered by the coronavirus outbreak but sentiment remained fragile.
Office sharing startup WeWork has temporarily closed 100 buildings in China due to the coronavirus outbreak, Chairman Marcelo Claure said in a CNBC interview on Monday.
Google's plans to buy a 12.5% stake in Africa's largest wind farm have been canceled after delays to the project, Danish wind turbine maker Vestas said on Monday.
Xerox Holdings Corp raised its offer to buy HP Inc by $2 to $24 per share on Monday, following several rejections of its previous buyout offer by the PC maker.
Japanese wireless carrier NTT Docomo and Sony Corp pulled out of the Mobile World Congress (MWC) in Barcelona on Monday because of the coronavirus outbreak.
China's smartphone sales may plunge by as much as 50% in the first quarter, as many retail shops have closed for an extended period and production has yet to fully resume due to the fast spread of a new coronavirus, according to research reports.
Dozens of climate activists invaded U.S. asset manager BlackRock's office in central Paris on Monday, calling for the fund to pull out of fossil fuel investments.
Amazon Web Services said on Monday it was seeking to depose President Donald Trump and Defense Secretary Mark Esper in its lawsuit over whether the president was trying "to screw Amazon" when it awarded a Pentagon contract for cloud computing to rival Microsoft Corp.
When it comes to Social Security reform, most experts agree that low-income workers should get a boost to their benefits. But just how many people rely on those benefits as their only source of income is up for debate.
GMO co-founder Jeremy Grantham said in a letter that chemical toxicity threatens to dramatically lower birth rates and become a major investment issue.