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Coronavirus prompts Sony, NTT and Intel to join Barcelona congress exodus

Japanese wireless carrier NTT Docomo , Sony Corp and California-based chip giant Intel Corp pulled out of the Mobile World Congress (MWC) in Barcelona on Monday because of the coronavirus outbreak.



5 years ago

Asian shares bounce, China factories fight to re-start

Asian share markets followed Wall Street higher on Tuesday even as doubts grew about how quickly China's factories could get back to work given that the coronavirus continues to spread and deaths mount.



5 years ago

Chinese media firm cuts 500 workers in bid to survive coronavirus

Chinese firm Xinchao Media has laid off 500 people, or just over 10% of its workforce, saying it needed to resort to such measures to survive the impact of the coronavirus outbreak.



5 years ago

Asian shares rally, slow pace of China factory reopenings a worry

Asian share markets followed Wall Street higher on Tuesday as China's factories struggled to re-open after an extended break, though analysts warned investors might be underestimating how economically damaging the challenge was likely to be.



5 years ago

Australia investigator in Citi cartel case learned of concerns from rival agency

An Australian investigator who helped bring criminal cartel charges against Citigroup Inc and Deutsche Bank AG said he first heard concerns about a stock issue they worked on from a rival regulator, but the agencies acted independently.



5 years ago

Route cuts intended to make South African Airways sustainable: rescue team

Plans to cut some of South African Airways' (SAA) domestic and international routes are aimed at making the airline sustainable and free from government funding after restructuring, experts appointed to try to rescue the company said on Sunday.



5 years ago

U.S. energy secretary hopes Mexico, Canada will help export American coal

U.S. Energy Secretary Dan Brouillette said on Friday that Canada and Mexico could help export U.S. coal to Asia to get around the blocking of shipments by West Coast states concerned about the impact of the fuel on climate change.



5 years ago

Anti-Huawei UK lawmakers conducting 'witch-hunt': Chinese ambassador

Senior members of Prime Minister Boris Johnson's Conservatives who have demanded Chinese telecoms giant Huawei must not have a role in Britain's 5G mobile network are conducting "a kind of witch-hunt", China's ambassador to London said on Sunday.



5 years ago

China's Shenzhen says Foxconn to resume operations after inspections

The local government of the city of Shenzhen in southeastern China said on Sunday it had not blocked plans by Apple supplier Foxconn to resume production, adding that the company would restart once inspections were completed.



5 years ago

When investors lose trust, they can put stocks in the 'penalty box'

When investors lose faith in management teams after debacles or scandals, they may put stocks of these companies in the ""penalty box."" Boeing and Wells Fargo are recent examples.

5 years ago

Microsoft, Twitter and Walmart want to help you get a job in tech — without racking up student loans

Big tech firms like Microsoft and Twitter are starting to offer jobs to apprentices as a way to plug a hole in skilled labor — which could help Americans without a degree or tech background.

5 years ago

Mattel will close Canada factory after shuttering two manufacturing sites in Asia: WSJ

Mattel Inc will close a factory in Canada after shutting down two plants in Asia, as the toymaker reduces its manufacturing footprint to cut costs, the Wall Street Journal said on Sunday.



5 years ago

China's Shenzhen denies blocking Apple supplier Foxconn from resuming production

Local Chinese authorities have not blocked Apple supplier Foxconn from resuming production amid a coronavirus outbreak, they said in a statement on Sunday, denying an earlier report in the Nikkei Business Daily.



5 years ago

China to France: Don't discriminate against Huawei on 5G networks

The Chinese embassy in Paris on Sunday urged the French government not to discriminate against Huawei as it selects suppliers for its 5G mobile network, saying it feared the company would face more constraints than rivals.



5 years ago

Why DeFi’s Billion-Dollar Milestone Matters

Coindesk | Brady Dale | Feb 9, 2020 It was only December when the entire decentralized finance (DeFi) market was worth less than $700 million. Early this morning, it hit $1 billion, a figure that even the most fervent blockchain skeptics would have a tough time dismissing as meaningless. That figure is the measure of

5 years ago