Monday February 17, 2020 3:57:27 AM PST - There's more B.S. in fly fishing than there is in a Kansas feedlot. - Lefty Kreh
 
 
 

 

 

 
 

Mon, 17 Feb 2020 06:22:12 -0500

Global shares edge higher on Chinese support measures

Global shares rose on Monday as the promise of further policy stimulus to counteract the economic hit from a coronavirus outbreak calmed nervous investors.


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Mon, 17 Feb 2020 04:34:30 -0500

Cathay Pacific flags 'significant' drop in first-half profit, capacity cuts due to coronavirus

Cathay Pacific Airways is expecting a significant drop in its first-half results and has also cut capacity due to the coronavirus outbreak, it said on Monday.


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Mon, 17 Feb 2020 03:57:38 -0500

NMC Health founder Shetty resigns as turmoil deepens

NMC Health said on Monday its founder BR Shetty had resigned as the Emirati healthcare group's joint non-executive chairman, leaving UK businessman H.J. Mark Tompkins as sole chairman.


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Mon, 17 Feb 2020 03:57:22 -0500

Timeline: NMC Health's expansion and ailments

NMC Health said on Monday its founder BR Shetty had resigned as joint non-executive chairman, months after the UAE healthcare group was thrown into turmoil by doubts over its finances.


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Mon, 17 Feb 2020 03:46:25 -0500

Japan on brink of recession as economy contracts, virus heightens risk

Japan's economy shrank at the fastest pace in almost six years in the December quarter as a sales tax hike hit consumer and business spending, raising the risk of a recession as China's coronavirus outbreak chills global activity.


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Mon, 17 Feb 2020 03:28:17 -0500

William Hill names DS Smith's Adrian Marsh as CFO

British bookmaker William Hill on Monday named cardboard maker DS Smith's Chief Financial Officer Adrian Marsh as its finance head.


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Mon, 17 Feb 2020 03:12:27 -0500

U.S. firms in China report staff shortages, say coronavirus hitting global operations: AmCham

Nearly half of the U.S. companies in China say their global operations are already seeing an impact from business shutdowns due to the coronavirus epidemic, according to a poll by Shanghai's American Chamber of Commerce (AmCham).


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Mon, 17 Feb 2020 03:03:52 -0500

Oil prices steady as coronavirus-related demand concerns weigh

Oil prices were little changed on Monday as concerns of falling fuel demand caused by the economic fallout from the coronavirus outbreak in China were offset by expectations that output cuts from major producers will tighten crude supply.


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Mon, 17 Feb 2020 02:57:52 -0500

BOJ's Kuroda flags more easing if virus impact worsens: Sankei

Bank of Japan Governor Haruhiko Kuroda said the central bank would consider additional rapid easing if the coronavirus outbreak significantly threatened Japan's economy and price trends, the Sankei newspaper reported on Monday.


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Mon, 17 Feb 2020 02:54:40 -0500

GM shuts Australia, NZ operations; sells Thai plant to Great Wall

General Motors Co said it would wind down its Australian and New Zealand operations and sell a Thai plant in the latest restructuring of its global business, costing the U.S. auto maker $1.1 billion.


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Mon, 17 Feb 2020 02:51:39 -0500

Alstom confirms talks underway to buy Bombardier Transportation

French transport infrastructure company Alstom said on Monday it was in talks over a possible acquisition of the train business of Canadian company Bombardier , which could be worth $7 billion on an enterprise value basis.


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Mon, 17 Feb 2020 02:20:35 -0500

Dubai's DP World to delist, return to full state ownership

Dubai's DP World, one of the world's largest port operator's, said on Monday it would delist and return to full state ownership in a deal valuing the company at $13.9 billion.


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Mon, 17 Feb 2020 01:40:34 -0500

Timeline: General Motors streamlines its international operations

General Motors Co is retreating from more markets outside the United States and China, saying on Sunday that it will wind down its Australian and New Zealand operations, while selling a plant in Thailand.


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Mon, 17 Feb 2020 00:28:41 -0500

Climate change could make premiums unaffordable: QBE Insurance

Australia's QBE Insurance Group said on Monday climate change could make some premiums unaffordable, especially for customers exposed to extreme weather events, and was a "material risk" for its operations across the globe.


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Mon, 17 Feb 2020 00:17:38 -0500

UK digital bank Monzo plans to hire 500 and relaunch paid accounts

Fast-growing British digital bank Monzo plans to hire up to 500 people and forecasts it will get 5.5 million users this year, as it prepares to have another crack at charging some customers to turn a profit.


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Sun, 16 Feb 2020 23:41:14 -0500

Japan ready to take steps vs virus impact on tourism: Economy Minister

Japanese Economy Minister Yasutoshi Nishimura said on Monday the government was ready to take all necessary steps flexibly with an eye on the impact of the coronavirus outbreak on the economy and tourism.


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Sun, 16 Feb 2020 21:50:54 -0500

New York drops fight against T-Mobile-Sprint merger

New York on Sunday dropped its fight against the $40 billion merger of U.S. wireless carriers T-Mobile US Inc and Sprint Corp , saying the state would not appeal a judge's approval of the deal.


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Sun, 16 Feb 2020 21:20:09 -0500

Great Wall says to buy GM's Thailand car plant

China's Great Wall Motor said on Monday it had signed a binding agreement to purchase a car plant from General Motors in Thailand.


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Sun, 16 Feb 2020 19:07:14 -0500

Xerox courts HP shareholders as takeover battle heats up

U.S. printer maker Xerox Holdings Corp is hosting a dinner for HP Inc shareholders this week as it seeks investor support to overcome the personal computer maker's resistance to its $35 billion takeover bid, according to people familiar with the matter.


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Sun, 16 Feb 2020 17:10:09 -0500

Clock's ticking for Nissan boss Uchida to show he has a plan: sources

Nissan's new CEO Makoto Uchida doesn't have time to work his way into the job. He is effectively on probation and has a matter of months to show he can revive the ailing automaker, according to three people familiar with the thinking of some on the company's board.


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