Nokia explores strategic options: Bloomberg News
There is no truth to the report, a source close to the company said, while Nokia declined to comment. (bloom.bg/3a1uMAW)
Asia / Pacific
Masks in luggage: How a Malaysian tech firm reopened its China factory
PENANG, Malaysia (Reuters) – When news of the coronavirus outbreak spread around the world in…
BOJ’s Amamiya calls for more scrutiny in issuing digital currency
Bank of Japan Deputy Governor Masayoshi Amamiya speaks during a Reuters Newsmaker event in Tokyo, Japan July 5, 2019. REUTERS/Issei Kato
Global stocks outlook still positive, but vulnerable to coronavirus: Reuters poll
Last year was a bumper year for stocks, with all 17 top global indexes polled by Reuters ending the year higher than where they started. Only one did not rise by a double-digit percentage.
Fiat Chrysler halts production in Serbia over China disruption
Planned downtime at the Kragujevac plant in Serbia, where FCA builds its Fiat 500L car, has been rescheduled “due to availability of certain components sourced in China”, a spokesman for the Italian American automaker said.
Exclusive: Jet buyers back Boeing-Embraer deal as Airbus expands reach
Airbus (AIR.PA), Europe’s biggest planemaker, on Thursday increased its controlling stake in the A220 regional jet program – Embraer’s main rival – as Canada’s Bombardier (BBDb.TO) sold out of the project it had set up.
Oil rises over 1% on hopes demand will rebound from coronavirus effect
Brent crude LCOc1 rose 98 cents, or 1.74%, to settle at $57.32 a barrel. It rose 5.23% since last Friday, its first weekly increase in six weeks.
Russian tennis star Sharapova, five-time Grand Slam winner, retires
MOSCOW (Reuters) – Russian tennis star Maria Sharapova, a five-time Grand Slam winner, is retiring…
India court stalls Amazon, Flipkart antitrust probes: lawyers
Amazon this week challenged the investigation in a court in Bengaluru and the court has granted a stay of two months, according to a lawyer from P&A Law Offices representing Amazon and two other legal counsels involved in the matter.
Wall Street Week Ahead: Investors bet emerging markets will weather coronavirus impact
The MSCI Emerging Markets Index .MSCIEF, which measures stock performance, has rebounded 4% from its early February low, though it remains down on the year. Another index measuring emerging markets currency performance .MIEM00000CUS was still sharply lower, reflecting the slide in a range of currencies from Asia to Latin America.
Injured by China’s trade practices? Call 202-395-3900, USTR says
Deputy USTR Jeffrey Gerrish will head the new office, which will field complaints about China’s implementation of the agreement from companies and other interested parties, the agency said in a statement.
Stocks edge up with positive chipmaker forecast, oil gains for the week
Wall Street climbed late in the session following a CNBC report, citing sources, that the White House was considering a tax incentive for Americans to buy stocks.