HONG KONG: The Hong Kong economy's first recession in a decade deepened in the fourth quarter of last year, weighed down by often violent anti-government protests and the U.S.-China trade war, advanced estimates showed on Monday. The economy shrank by a seasonally adjusted 0.4% in October-December ...
Panasonic Corp on Monday reported a 3 per cent rise in third-quarter operating profit, beating analyst estimates, thanks to restructuring efforts and an improvement at the joint battery business with Tesla
Shares in Just Eat-Takeaway, the company forged by Dutch online service Takeaway's US$7.8 billion acquisition of British food deliverer Just Eat, commence trading on the London Stock Exchange on Monday.
Panasonic Corp on Monday reported a 3per cent rise in third-quarter operating profit, beating analyst estimates, thanks to restructuring efforts and an improvement at the joint battery business with Tesla Inc
Swedish telecoms operator Tele2 reported quarterly core earnings above market forecasts on Monday and proposed a higher ordinary dividend and a special dividend to be paid out for 2019.
Toyota Motor Corp and Panasonic Corp have agreed to set up a joint venture specializing in prismatic electric vehicle batteries.
Julius Baer set out new targets to improve its cost-income ratio by 2022, the bank said on Monday as it posted a 5per cent drop in adjusted net profit for 2019.
Siemens Healthineers' operating income slipped 11per cent in the first quarter of its fiscal year, despite higher revenues, as it sold less profitable imaging machines and incurred ramp-up costs for its new Atellica blood-testing machines.
U.S. utilities stocks have outperformed other traditional havens in recent days, as worries over the spreading coronavirus epidemic sparked a rush to safety.
Investor rights law firm Bernstein Liebhard has filed a class-action suit against Australia's No. 2 lender, Westpac Banking Corp , accusing it of failing to monitor financial crime, the law firm said on Monday.
