[ad_1] DUBAI (Reuters) – Dubai’s Emirates Group has seen a “measurable slowdown” in business due to the coronavirus outbreak and has asked staff to take paid and unpaid leave, according to an internal email seen
Dubai Expo 2020 organizers following coronavirus situation closely
[ad_1] DUBAI (Reuters) – Organizers of Dubai Expo 2020, which starts in October, are following the coronavirus outbreak closely, but are hopeful global efforts to manage the virus will succeed, an Expo 2020 spokesman said
Advent-led consortium to spend ‘billions’ on expanding Thyssenkrupp Elevator
[ad_1] FILE PHOTO: Thyssenkrupp’s logo is seen outside the elevator test tower in Rottweil, Germany, January 21, 2020. REUTERS/Michaela Rehle/File Photo BERLIN (Reuters) – The consortium that won the bid to acquire Thyssenkrupp’s elevators division
Chinese cities offer incentives to revive car sales after coronavirus hits market
[ad_1] BEIJING (Reuters) – Two more Chinese cities that rely heavily on car manufacturing plan to offer incentives to bolster auto sales, which have been hit by the fallout from the spread of the coronavirus.
U.S. officials talk down coronavirus market panic, tout economic strength
[ad_1] WASHINGTON (Reuters) – Senior officials in President Donald Trump’s administration on Sunday tried to calm market panic that the coronavirus could cause a global recession, saying the U.S. public had over-reacted and that stocks
Exclusive: Norway wealth fund could blacklist four major climate culprits
[ad_1] OSLO (Reuters) – Norway’s $1 trillion wealth fund will exclude four companies for their vast emissions of greenhouse gases, or at least put them on probation to force them to change, the chairman of
Central banks urge G20 to back cheaper payments `roadmap’
[ad_1] LONDON (Reuters) – Central banks will ask world leaders to back a “roadmap” for cutting the cost of cross-border payments, the Bank for International Settlements said on Sunday. The headquarters of the Bank for
Virus uncertainty rules, but markets functioning OK – BIS
[ad_1] LONDON (Reuters) – The Bank for International Settlements said on Sunday that financial markets had functioned resiliently during last week’s coronavirus-sparked sell-off and this was a sign that post-crisis reforms were doing their job.
Malaysia and India aim to repair soured ties that hit palm trade
[ad_1] KUALA LUMPUR (Reuters) – Malaysia and India will work on improving ties that soured under former Malaysian Prime Minister Mahathir Mohamad and badly affected palm oil trade between the countries, officials from both nations
Small miners hungry for fresh capital despite rampant EV enthusiasm
[ad_1] TORONTO – Small miners hoping to take advantage of demand for battery metals are struggling to convert electric vehicle aficionados into investors, compounding the sector’s funding constraints even as analysts predict a long-term shortage