Hyundai's hydrogen-powered 18-tonne trucks are set to hit the roads in Switzerland next month as the South Korean automaker looks to establish a case for its zero-emissions technology in a low carbon world.
Aerospace engineer Rolls-Royce reported a 2019 operating loss of 852 million pounds (US$1.11 billion), after the cost of tackling durability problems with its Trent 1000 engine eclipsed record engine deliveries and a good after-market performance.
European and US stocks have lost much of their value over the past week, wiping out all the gains since the new year and then some, says the Financial Times’ Martin Sandbu.
British Airways-owner IAG said coronavirus would hit earnings this year but it does not know by how much, as it warned weakening demand would cause further flight cancellations in the coming days.
The London Stock Exchange Group said on Friday it would complete its US$27 billion takeover of analytics company Refinitiv on time this year as it reported higher-than-expected annual income, driven a jump in clearing activity.
Hyundai Motor shut down a factory in South Korea on Friday after a worker tested positive for the new coronavirus, disrupting production of popular models such as Palisade sport utility vehicle.
Fast Retailing , which operates casual clothing chain Uniqlo, said on Friday it had reopened more than 100 stores in China in the past week, while 125 remained closed due to the coronavirus outbreak.
UBS Chief Executive Sergio Ermotti cashed in less money in 2019 as the bank made pay concessions related to a French tax case and missed earnings goals during his last full year as CEO.
Fearing a resurgence of crowds as coronavirus cases drop, Beijing is not taking any chances, limiting numbers in parks, keeping shoppers apart in supermarkets and preventing cinemagoers from sitting close together.
From an artificial island in Sri Lanka to a bridge in Bangladesh and hydropower projects in Nepal and Indonesia, China's trillion-dollar Belt and Road plan is stuttering under the effects of the deadly coronavirus.
