Walmart's holiday season 'wasn't as good as expected'CNN - 39 min 15 sec ago
Walmart, America's largest retailer, reported subpar holiday sales Tuesday, reflecting a weak holiday shopping season for the brick-and-mortar retail industry.
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- Bloomberg - Walmart Falls Short on Holiday Sales, 2021 EPS Forecast - Bloomberg - 50 min 38 sec ago
- FOX Business - Walmart earnings, sales fall short - 1 hour 11 min ago
- Reuters - Walmart's holiday sales hurt by shorter season, lower demand for apparel - 1 hour 15 min ago
- CNBC - Walmart is about to report earnings. Here's what to expect - 1 hour 51 min ago
Coronavirus: delay in isolating Hong Kong’s confirmed cases putting family members and close contacts at greater risk, researchers find
SCMP - 48 min 13 sec ago
Researchers have found that the isolation of 90 per cent of confirmed coronavirus cases in Hong Kong was being delayed by an average of 6½ days, putting family members and close contacts at greater risk of contracting Covid-19.The team from Chinese University also found that only slightly more than half of 1,168 Hongkongers surveyed practised social distancing, while 12 out of 43 local infections were from unknown sources, posing challenges for contact tracing.The results, announced on Tuesday, ...
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- SCMP - Coronavirus: Hong Kong kindergartens warn of closures as nearly 70 per cent of parents withhold tuition fees during prolonged class suspension - 51 min 20 sec ago
Oil drops below $57 on coronavirus impact and OPEC+ delay
Reuters - 1 hour 5 min ago
Oil fell below $57 a barrel on Tuesday, pressured by concerns over the impact on oil demand from the coronavirus outbreak in China and a lack of further action by OPEC and its allies to support the market.
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- Reuters - Oil falls below $57 on coronavirus hit to demand, OPEC+ delay - 2 hours 25 min ago
China races to contain job losses as coronavirus batters economyReuters - 1 hour 49 min ago
When cameraman Mark Xia returned to his job this month after holidays, the Shanghai video production house where he worked told him to take three months of leave with no pay, as a coronavirus epidemic takes a toll of China's businesses.
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- FOX Business - HSBC to slash investment bank, 35,000 jobs in strategy overhaul - 6 hours 33 min ago
Coronavirus Hits Apple Revenue Target - BloombergBloomberg - 1 hour 54 min ago
Coronavirus Hits Apple Revenue Target Bloomberg
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- Bloomberg - Coronavirus Hits Apple Revenue Target - Bloomberg - 1 hour 54 min ago
- Reuters - If Apple is hurting due to the coronavirus, its suppliers and rivals likely are too - 2 hours 23 min ago
- FOX Business - Stocks fall as coronavirus hits profits including Apple - 3 hours 59 min ago
- SCMP - Coronavirus impact means Apple won’t meet quarterly revenue target - 12 hours 49 min ago
- CNBC - Apple cuts revenue guidance due to production delays, weak demand in China because of coronavirus - 14 hours 36 min ago
- CNN - Apple warns of 'iPhone supply shortages' because of coronavirus - 14 hours 46 min ago
Coronavirus claims life of hospital director in Chinese city at center of outbreak - UpperMichigansSource.com
Associated Press - 1 hour 55 min ago
Coronavirus claims life of hospital director in Chinese city at center of outbreak UpperMichigansSource.com
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- SCMP - Coronavirus: more than two thirds of China’s migrant labourers not yet back at work - 1 hour 59 min ago
- CNN - Chinese restaurants are losing business over coronavirus fears. An Australian social media campaign wants to change that - 3 hours 2 min ago
- CNBC - Hospital director dies in China of the new coronavirus - 5 hours 21 min ago
- NDTV - Chinese Gyms Livestream Workouts To Members Amid Virus Outbreak - 5 hours 31 min ago
- Deutsche Welle - Coronavirus: China reports lowest number of new cases since January - 8 hours 38 min ago
- Associated Press - Coronavirus: China has weaponised WHO against Taiwan - NEWS.com.au - 9 hours 38 min ago
- Bloomberg - AmCham China Chairman Discusses Coronavirus Impact on Businesses - Bloomberg - 9 hours 45 min ago
- FOX Business - Chinese stocks recoup coronavirus losses, but gains may not last - 17 hours 22 min ago
- Reuters - Chinese support measures buoy world stocks - 21 hours 19 min ago
Australia bushfires: Backpackers can stay longer if they help rebuild
BBC - 2 hours 12 min ago
New rules have been introduced so that people with working holiday visas can extend their stay.
German citizen freed in prisoner swap, says Iran
Deutsche Welle - 2 hours 27 min ago
The German man had been sentenced to three years in prison for taking pictures of "sensitive places." He was freed after German authorities released an Iranian citizen wanted in the US over alleged sanctions violations.
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- CNBC - Iran's foreign minister blames US and Saudi Arabia for rising tensions in the Gulf - 23 hours 29 min ago
Bill Gates bought himself a Porsche over a Tesla — and Elon Musk just called him 'underwhelming'
CNBC - 3 hours 6 min ago
After Gates said he bought himself an all-electric Porsche Taycan, Tesla's CEO took to Twitter to throw shade at the Microsoft co-founder.
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- Reuters - Exclusive: Tesla in talks to use CATL's cobalt-free batteries in China-made cars - sources - 4 hours 23 min ago
- CNBC - Tesla ordered to halt work on German factory amid anger over chopping down trees - 23 hours 38 min ago
Hong Kong protests hurt Holiday Inn-owner IHG, sees pain from virus outbreak
Reuters - 4 hours 5 min ago
Holiday Inn-owner InterContinental Hotels Group reported on Tuesday a slight dip in annual room revenue, hurt by a fall in bookings in Hong Kong due to protests, and flagged short-term hit from the virus outbreak in China.
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- Reuters - Holiday Inn-owner IHG takes hit from Hong Kong protests - 5 hours 1 min ago
China to grant tariff exemptions on 696 U.S. goods to support purchases
Reuters - 4 hours 22 min ago
China will grant exemptions on retaliatory duties imposed against 696 U.S. goods, the most substantial tariff relief to be offered so far, as Beijing seeks to fulfill commitments made in its interim trade deal with the United States.
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- NDTV - China To Waive Tariffs On US Medical Imports Amid Virus Outbreak - 6 hours 26 min ago
- Reuters - China to grant tariff exemptions on additional U.S. goods - 7 hours 4 min ago
- CNBC - China to accept tariff exemption requests on nearly 700 US imports from March 2 - 7 hours 31 min ago
HSBC to slash investment bank, 35,000 jobs in strategy overhaulReuters - 4 hours 25 min ago
HSBC Holdings PLC said on Tuesday it would shed $100 billion in assets, shrink its investment bank and revamp its U.S. and European businesses in a drastic overhaul that will mean 35,000 jobs cut over three years.
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- Reuters - HSBC to shed assets worth $100 billion and slash 35,000 jobs over three years - 6 hours 10 min ago
- CNN - HSBC unveils an overhaul of its global business as profits drop 33% - 6 hours 30 min ago
- FOX Business - HSBC sets new cost cutting, earnings targets after profit falls 33% - 6 hours 33 min ago
- BBC - HSBC sees annual profit slump by 33% - 7 hours 36 min ago
Oil prices fall 1% as market weighs coronavirus impact on demandReuters - 4 hours 26 min ago
Oil prices fell by more than 1% on Tuesday, tracking losses in financial markets on lingering concerns over the economic impact of the coronavirus outbreak in China and its effect on oil demand.
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- Reuters - Oil prices fall as market weighs coronavirus demand impact - 8 hours 4 min ago
Boy Scouts file for bankruptcy amid sex-abuse lawsuits
Deutsche Welle - 5 hours 9 min ago
The organization has been accused of covering up decades of sexual abuse thought to have affected thousands. The bankruptcy filing would allow Boy Scouts of America to bring all of the abuse lawsuits into one court.
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- SCMP - Boy Scouts of America files for bankruptcy as sex abuse lawsuits mount - 5 hours 33 min ago
- Reuters - Boy Scouts of America files bankruptcy in wake of abuse lawsuits - 5 hours 47 min ago
- CNBC - Boy Scouts of America, hobbled by multiple sex-abuse lawsuits, files for bankruptcy - 6 hours 11 min ago
- CNN - Boy Scouts of America files for bankruptcy amid hundreds of sexual abuse lawsuits - 6 hours 20 min ago
- Associated Press - Boy Scouts file for bankruptcy due to sex-abuse lawsuits - The Associated Press - 6 hours 28 min ago
- FOX Business - Pier 1 Imports files for chapter 11 bankruptcy - 19 hours 4 min ago
China to offer trade war tariff exemptions on 700 US farm, medical, energy products amid coronavirus
SCMP - 6 hours 8 min ago
China announced on Tuesday that it will allow importers to apply for exemptions to additional trade war tariffs on nearly 700 types of goods from the United States, including farm and energy products, as the country battles the coronavirus outbreak that has infected over 70,000 people.Importers can apply for tariff exemptions starting from March 2, according to a statement released by the Customs Tariff Commission of the State Council.The exemptions would only be effective for one year, subject ...
News Daily: Storm Dennis, coronavirus latest and Brexit positioning
BBC - 6 hours 16 min ago
Your morning briefing for Tuesday 18 February 2020.
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- BBC - Newspaper headlines: Brexit trade speech and No 10 adviser resigns - 13 hours 10 min ago
Nissan CEO tells angry shareholders he is ready to be sacked if no turnaround
Reuters - 6 hours 16 min ago
Nissan's new chief executive said on Tuesday he would accept being fired if he fails to turn around Japan's second biggest automaker which is grappling with plunging sales in the aftermath of the scandal surrounding ex-chairman Carlos Ghosn.
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- Reuters - Nissan's new CEO says willing to be fired if no turnaround - 7 hours 52 min ago
HSBC Still Searching for CEO - Bloomberg
Bloomberg - 6 hours 23 min ago
HSBC Still Searching for CEO Bloomberg
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- Bloomberg - BHP CEO on First-Half Earnings, Coronavirus, Iron Ore - Bloomberg - 8 hours 58 min ago
- Reuters - Exclusive: Italian government leaning towards third term for Eni CEO - sources - 18 hours 58 min ago
Samsung poised to benefit from China virus woes afflicting Apple, other rivals
Reuters - 6 hours 44 min ago
Samsung Electronics stands to be a major beneficiary of the China production problems announced by rival Apple Inc on Monday, reaping the rewards of a decade-long bet on low-cost smartphone manufacturing in Vietnam.
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- NDTV - Samsung Offers Phone Delivery For Test Use In S. Korea Amid Virus Scare - 8 hours 27 min ago
- CNN - Samsung's Galaxy Buds+ deliver better sound, battery life in a pair of snug-fitting earbuds - 14 hours 16 min ago
Amazon’s Jeff Bezos pledges $10 billion to combat climate change
Deutsche Welle - 6 hours 57 min ago
While the Bezos Earth Fund initiative was applauded by many, critics have questioned Amazon's support for oil and gas businesses. He is following a similar path to fellow moguls like Bill Gates and Warren Buffett.
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- SCMP - Amazon’s Jeff Bezos pledges US$10 billion to fight climate change - 13 hours 46 min ago
- NDTV - Jeff Bezos Launches $10 Billion Fund To Combat Climate Change - 14 hours 40 min ago
- CNN - Jeff Bezos commits $10 billion to fight climate change - 15 hours 29 min ago
- BBC - Jeff Bezos: World's richest man pledges $10bn to fight climate change - 17 hours 15 min ago
Bolton jabs Trump but avoids Ukraine as book battle rages on
CNN - 7 hours 20 min ago
President Donald Trump's former national security adviser John Bolton on Monday needled his former boss over foreign policy but -- remarkably -- largely avoided the Ukraine scandal in favor of issuing a plea that the White House allows his book to be released as-is.
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- Bloomberg - Lara Trump: Bloomberg's recent gaffes, resurfaced audio aren't his biggest obstacles in 2020 race - Fox News - 10 hours 18 min ago
- Associated Press - AP’s Jon Lemire: Bloomberg About to Show Us Whether the Rules Don’t ‘Apply to Anyone Anymore’ or If It’s Just Trump - Mediaite - 13 hours 30 min ago
- CNN - Trump's 'sanctuary cities' siege is a trick - 17 hours 14 min ago
- CNBC - Trump administration is reportedly weighing limits to China's access to chip technology - 22 hours 3 min ago
HSBC to cut costs by US$4.5 billion in third strategic overhaul in a decade as bank’s 2019 pre-tax profit misses estimates
SCMP - 7 hours 21 min ago
HSBC, the largest of Hong Kong’s three currency issuing banks, said it plans to cut costs by an additional US$4.5 billion, reduce its investment banking presence in Europe and reshape its United States corporate and retail bank, part of a broad overhaul by interim chief executive Noel Quinn to secure a permanent role in the bank’s top job.The bank said it plans to lower its annual cost base to US$31 billion or less by 2022, part of a “high-level restructuring” over the next two years. Th ...
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- CNBC - 5 tax tricks that could save you thousands - 21 hours 43 min ago
Coronavirus: Singapore Airlines to reduce flights to destinations including Tokyo, Los Angeles, SydneySCMP - 8 hours 31 min ago
Singapore Airlines on Tuesday says it will temporarily cut flights across its global network in March, April and May due to weaker demand as a result of the coronavirus epidemic.Destinations that are among those with services reduced include Los Angeles, Frankfurt, Paris, Tokyo, Seoul, Jakarta, Sydney and Mumbai, the airline said on its website.“Affected customers will be notified and reaccommodated onto other flights,” the airline said.The airline had already announced major cuts to flights ...
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- SCMP - Philippine airlines are losing the Chinese tourists that Duterte serenaded with his pro-Beijing overtures - 12 hours 29 min ago
Local Currency Emerging-Market Bonds Favored, JPMorgan PB's Wolf Says - Bloomberg
Bloomberg - 8 hours 41 min ago
Local Currency Emerging-Market Bonds Favored, JPMorgan PB's Wolf Says Bloomberg
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Facebook Needs Regulation to Win User Trust, Mark Zuckerberg Says - Bloomberg
Bloomberg - 10 hours 45 min ago
Facebook Needs Regulation to Win User Trust, Mark Zuckerberg Says Bloomberg
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- Deutsche Welle - EU threatens tougher hate-speech rules after Facebook meeting - 16 hours 55 min ago
- Reuters - EU industry chief tells Facebook to adapt to EU, not other way round - 18 hours 3 min ago
- CNBC - EU industry chief says Facebook needs to adapt to the EU's standards - 18 hours 11 min ago
- SCMP - Singapore orders Facebook to block access to States Times Review’s page under ‘fake news law’ - 21 hours 56 min ago
US mulls cutting China’s Huawei off from global chip suppliers like Taiwan’s TSMC
SCMP - 11 hours 4 min ago
The Trump administration is considering changing US regulations to allow it to block shipments of chips to Huawei Technologies from companies such as Taiwan’s TSMC, the world’s largest contract chip maker, two sources familiar with the matter said.New restrictions on commerce with China’s Huawei are among several options to be considered at high-level US meetings this week and next. The chip proposal has been drafted but its approval is far from certain, one of the sources said.The measure ...
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- Reuters - U.S. mulls cutting Huawei off from global chip suppliers, with TSMC in crosshairs - 14 hours 50 min ago
- CNBC - China accuses US of hypocrisy over Huawei, highlighting claims it spied on German leader Merkel - 21 hours 38 min ago
Hundreds of staff injured at Amazon UK warehouses, GMB claims
BBC - 11 hours 40 min ago
There were 622 serious injuries or near misses in three years, figures compiled by the GMB union claim.
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- Reuters - Amazon's Bezos pledges $10 billion to climate change fight - 15 hours 24 min ago
- CNBC - Amazon's Jeff Bezos pledges $10 billion to launch Earth Fund for combating climate change - 16 hours 31 min ago
Stock Market Today: Dow, S&P Live Updates for Feb. 18, 2020 - BloombergBloomberg - 14 hours 33 min ago
Stock Market Today: Dow, S&P Live Updates for Feb. 18, 2020 Bloomberg
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- SCMP - Luck may be the only thing standing between the coronavirus and a US stock market crash - 17 hours 29 min ago
WTO gives somber goods trade outlook, sees virus threatReuters - 23 hours 42 min ago
Growth of global trade in goods is likely to remain weak in early 2020, the World Trade Organization (WTO) said on Monday, adding that the below-trend performance could become even worse due to the new coronavirus.
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- FOX Business - Coronavirus threat part of somber global trade outlook: WTO - 23 hours 58 min ago
Brexit: What trade deals has the UK done so far?
BBC - 23 hours 45 min ago
Securing a UK-EU trade deal will be top a priority over the months ahead.
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- SCMP - Coronavirus: China urged to delay purchase elements of US trade deal as outbreak rocks economy - 23 hours 59 min ago