Foxconn could see a "big" production impact and shipments to customers including Apple face disruption if a Chinese factory halt due to the coronavirus outbreak extends into a second week, a person with direct knowledge of the matter said.
Two thirds of smaller banks typically have only men as executive directors, while lenders with men and women in top roles were likely to be more profitable, the European Union's banking watchdog said on Monday.
Electric cars accounted for a 44.3% share of Norway's new car sales in January, rising from the year but well below the 50-60% range the industry forecast for 2020, data from the Norwegian Road Federation showed on Monday.
"Lower growth expectations, lower valuations, and a greater re-investment ratio" mean the concentration could be sustained," Goldman says.
Analysts warn Apple's closure of sales in China may lead to little or no sales in a key market while the country fights the coronavirus.
Swatch Group has canceled a retailer event in Zurich at the end of the month because of the coronavirus outbreak, the Swiss watchmaker said on Monday.
Softbank-backed WeWork named real estate industry veteran Sandeep Mathrani as its new chief executive, tasking him with turning around the embattled office-sharing startup after its botched attempt to go public last year.
Uber has told the Colombian government it is considering taking its dispute with the Andean country to international arbitration, the company's general manager for Latin America George Gordon told Reuters.
Worries about the spread of the coronavirus prompted a sudden market drop on Friday. Many individual investors react to this kind of news in the same way: with an all-or-nothing approach. They would be wise to follow what professional investors do, one expert says.
U.S. stocks climbed on Monday as gains in Amazon and Nike as well as a surprise rebound in U.S. factory activity helped markets attempt a recovery from steep weekly losses due to concerns about the coronavirus epidemic.
Oil prices fell to the lowest in more than a year on Monday, dragged down by concern over demand in China after the coronavirus outbreak, though the possibility of deeper crude output cuts by OPEC and its allies offered some price support.
The move to begin making loans to small businesses in the latter stages of a decade-long U.S. economic expansion may increase the risks Goldman is taking on.
The dollar strengthened and a gauge of global stocks jumped, lifted by an unexpected rebound in U.S. manufacturing that helped temper fears that caused stocks overnight in Asia to plunge on the potential impact of the coronavirus in China.
Panasonic Corp reported the first quarterly profit in its U.S. battery business with Tesla Inc on Monday, after several years of production troubles and delays at the U.S. partner.
Oil prices fell to the lowest in more than a year on Monday as the coronavirus outbreak curtailed Chinese demand and sparked potential supply cuts by OPEC and its allies.