Rio Tinto, operator of the giant Oyu Tolgoi copper-gold mine in Mongolia, said its copper concentrate shipments to China had slowed due to efforts by the authorities to contain the spread of the coronavirus.
Private equity firm Permira [PERM.UL] has reached an agreement to buy Italian luxury sneaker brand Golden Goose, a source familiar with the matter told Reuters on Wednesday.
Rio Tinto on Wednesday said it may cut operations or shut down its aluminium smelter in Iceland, as it struggles to generate profits at the site because of tough conditions in the aluminium market and high power costs.
The world's largest oil traders are pouring hundreds of millions of dollars into climate-friendly projects - including wind farms, cow manure plants and blue hydrogen - as they seek to match the profits they make from trading oil.
Singapore's biggest bank DBS evacuated 300 staff from its head office on Wednesday as a precautionary measure following a confirmed coronavirus case at the lender, according to an internal memo seen by Reuters.
Singapore's biggest bank DBS has evacuated 300 staff from its head office on Wednesday as a precautionary measure following a confirmed coronavirus case at the bank, according to an internal memo seen by Reuters.
The global air cargo industry is unlikely to grow this year because of the challenges in the China market due to the coronavirus, a senior executive at Boeing Co said on Wednesday.
The coronavirus has cost Vietnamese airlines about 10 trillion dong ($430 million) so far in lost revenues following travel curbs between Vietnam and China, the government said on Wednesday.
Malaysia's economy grew 3.6% in the fourth quarter from a year earlier, the slowest pace in a decade, due to lower output of palm oil, crude oil and natural gas, and a fall in exports amid the U.S.-China trade war.
Malaysia's economy grew 3.6% in the fourth quarter from a year earlier, the central bank said on Wednesday, the slowest pace in a decade due to lower output of palm oil, crude oil and natural gas, and a fall in exports amid the U.S.-China trade war.
China's aviation regulator said on Wednesday that it hopes countries will lift virus-related travel restrictions as soon as possible, in line with guidance from the World Health Organization and International Civil Aviation Organization.
Rolls-Royce is "open-minded" on whether it will join Boeing in a fresh attempt at addressing the mid-size jet market after pulling out of an earlier effort over timing, a top company official said on Wednesday.
The coronavirus outbreak could reduce Chinese purchases of U.S. agricultural products this year under the Phase 1 trade deal signed by the countries, White House national security adviser Robert O'Brien said on Tuesday.
The coronavirus outbreak in China could reduce Chinese purchases of American agricultural products this year under the U.S.-China Phase 1 trade deal, White House national security adviser Robert O'Brien said on Tuesday.
The U.S. Federal Aviation Administration says it should have done a better job of ensuring Southwest Airlines Co had certified completion of maintenance on 88 used Boeing 737 jets, as noted in a report by the U.S. Transportation Department's Inspector General seen by Reuters ahead of its release.
The Federal Aviation Administration says it agrees with recommendations made by the U.S. Transportation Department's Inspector General that faulted its oversight of Southwest Airlines Co, according to a final report seen by Reuters ahead of its release later this week.
Telecoms lobby GSMA will hold a board meeting on Friday to discuss the possible cancellation of the Mobile World Congress (MWC) in Barcelona after several big-name withdrawals because of the coronavirus outbreak, an industry source said on Tuesday.
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Opponents of Philadelphia Energy Solutions' bankruptcy plan have vowed a long legal fight if a federal court this week approves a sale that would keep the largest East Coast oil refinery permanently shut while paying out bonuses to company executives.