Latest News

Britain\'s biggest domestic bank Lloyds is planning to axe 780 jobs as part of ongoing cost-cutting at the lender, union Unite said on Wednesday.\n \n
Apple Inc\'s shareholders on Wednesday will vote on a proposal critical of its moves to remove apps at the request of the Chinese government and calling on the iPhone maker to report whether it has \"publicly committed to respect freedom of expression as a human right.\"\n \n
Bayer Chairman Werner Wenning, one of the architects of a $63 billion takeover deal that has left the German crop protection company fighting costly lawsuits, will step down in April, it said on Wednesday.\n \n
Toyota Motor Corp on Wednesday said that operations at its plants in Japan may be affected by supply chain issues linked to the new coronavirus outbreak in the coming weeks, as the global outbreak gathers pace.\n \n
It is still too early to assess the impact of the coronavirus outbreak on the European Union economy, the bloc\'s economics commissioner Paolo Gentiloni said on Wednesday, adding that the bloc\'s fiscal rules allow for more spending in emergencies.\n \n
U.S. crude dropped below $50 on Wednesday, the lowest level since January 2019, as Asia, Europe and oil producing countries in the Middle East reported hundreds of new coronavirus cases and the United States warned of an inevitable pandemic.\n \n
Panasonic Corp said it would exit solar cell production at Tesla Inc\'s New York plant, the latest sign of strain in a partnership where Panasonic\'s status as the U.S. electric vehicle (EV) maker\'s exclusive battery supplier is ending.\n \n
Peugeot maker PSA Group said its profitability reached a record high in 2019 but the French carmaker forecast falling industry sales in Europe this year as it pursues its merger with Fiat Chrysler, which is strong in North America.\n \n
U.S. President Donald Trump and Indian Prime Minister Narendra Modi have agreed to \"promptly\" conclude ongoing trade talks that they hope can lead to the first phase of a bilateral U.S.-India trade deal, the White House said.\n \n
World stocks tumbled for the fifth straight day on Wednesday, while safe-haven gold rose back towards seven-year highs and U.S. bond yields held near record lows after governments and health authorities warned of a possible coronavirus pandemic.\n \n

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