*Italy, Spain spread over Germany widen. LONDON, Feb 25- Southern Europe's bond markets succumbed to selling pressure on Tuesday as concern that Italy may not be alone in combating the coronavirus outbreak gripped markets. The coronavirus death toll climbed to seven in Italy on Monday and several Middle East countries were dealing with their first infections,...
FRANKFURT, Feb 25- The organizers of the Geneva car show on Tuesday pressed exhibitors from coronavirus-infected areas to check staff for symptoms before arriving in Switzerland and pledged to step up cleaning and disinfection at the congress center. Geneva is set to host the show next week but restrictions on travel have caused other fairs including the...
FRANKFURT, Feb 25- The organisers of the Geneva car show on Tuesday pressed exhibitors from coronavirus-infected areas to check staff for symptoms before arriving in Switzerland and pledged to step up cleaning and disinfection at the congress centre. Geneva is set to host the show next week but restrictions on travel have caused other fairs including the...
BARCELONA, Feb 24- Almirall cut its earnings outlook on Monday, sending shares in the Spanish drugs group to their lowest level in more than 18 months, citing the impact of potential government measures in Spain and new competition in the United States. Although no measures have been announced, Almirall's finance chief Mike McClellan told Reuters there was a...
Feb 24- Huawei unveiled an upgrade to its folding smartphone on Monday, hoping that a faster phone with higher-quality display will encourage consumers to spend as much as $2,700 for the top-of-the-range version. The Mate XS has the same size display as its predecessor but comes with an improved gull-wing hinge mechanism and stronger wraparound screen, while...
Feb 24- Intel Corp on Monday launched new microprocessors, including a second generation Xeon processor for data centers and a 10 nm chip for wireless 5 G base stations. Demand from cloud computing companies have boosted sales of server chips, leading to strong results from Intel and its rival AMD Corp.. The company had planned to launch the new chips at the Mobile...
LONDON, Feb 24- Huawei unveiled an upgrade to its folding smartphone on Monday, hoping that a higher-quality display and faster hardware will encourage consumers to spend as much as $2,700 on its premium version. The Mate XS has the same size display as its predecessor but comes with a stronger screen and an improved hinge mechanism to make the device more...
LONDON, Feb 24- Huawei unveiled an upgrade to its folding smartphone on Monday, with a more robust and higher quality display that it hopes will persuade consumers to switch to the new design. That device only went on sale in China in November once the company improved the design. The launch was streamed from Barcelona, where the Mobile World Congress was due to be...
MADRID, Feb 24- Just last year, Spain's struggling prime minister said he would not be able to sleep at night had he made a pact with the hard left Unidas Podemos party to secure power. Once avowedly anti-establishment Podemos leaders stood in the front row to applaud the King of Spain in parliament this month and sit down weekly with members of Sanchez' Socialist...
LONDON, Feb 20- China is struggling to resume normal trade operations as fallout from the coronavirus outbreak hits container shipping lines and logistics chains, with goods stuck and costs mounting, industry officials say. The epidemic has upended global supply chains and caused widespread disruption to businesses and factory activity in China, prompting...
*China's factories hobbled as migrant workers unable to return. SHANGHAI/ BANGKOK, Feb 20- Blocked highways. Case in point: in the southern China manufacturing hub of Dongguan, a factory that makes vaporizers and other products had just half of its workforce of 40 last week and was struggling to function without key personnel.
The Brussels- based company hired Goldman Sachs investment bank last year to advise on options as consolidation in market infrastructure gathers pace, with the Swiss Exchange making a bid for the Madrid bourse. Given Euroclear's importance to Europe's financial system, regulators will want to ensure changes to its structure avoid any deterioration in the...
The World Trade Organization has found the world's two largest planemakers received billions of dollars of unfair subsidies in a pair of cases dating back to 2004 and is expected to allow both sides to impose tariffs, starting with the United States. The U.S. seeks talks with the EU and Airbus host nations Britain, France, Germany and Spain over alleged unfair...
The event is scheduled to take place Feb. 2428 in San Francisco. Earlier in the day, Facebook Inc said it had canceled its global marketing summit scheduled for next month in San Francisco due to coronavirus-related risks. The Mobile World Congress, the annual telecoms industry gathering in Barcelona, was also canceled after a mass exodus by exhibitors on...
Feb 14- Facebook Inc said on Friday it had canceled its global marketing summit scheduled for next month in San Francisco due to coronavirus-related risks. Earlier this week, Mobile World Congress, the annual telecoms industry gathering in Barcelona, was canceled after a mass exodus by exhibitors on coronavirus fears. The virus, which originated in the Chinese...
LONDON, Feb 14- When Victoria Beckham sends her models down the London catwalk on Sunday, many of her most important clients will not be sitting in the front row but following from afar as the coronavirus outbreak hobbles international events. Caroline Rush, head of the British Fashion Council, said it wanted to keep dialogue open and buyers engaged.
MADRID, Feb 14- Catalan separatist party Esquerra Republicana de Catalunya would help the Spanish government attain a stable majority in parliament and support its budget only if the region's independence drive is addressed in talks, a top party official told Reuters. The leftist ERC was instrumental in facilitating Socialist leader Pedro Sanchez's...
BERLIN, Feb 13- For an event meant to showcase the power of telecoms, cancelling this year's Mobile World Congress in Barcelona without a back-up plan has perplexed many in the trillion-dollar sector. Wednesday's decision to call off the telecoms industry's biggest annual gathering over fears of coronavirus, which has yet to reach mainland Spain, has left a...
MADRID, Feb 13- Spain's High Court on Thursday ordered Emilio Lozoya, former chief executive of Mexican state oil firm Pemex, to be held in a Spanish jail pending an extradition request from Mexico where he faces corruption charges. He is alleged to have participated in a wide-ranging bribery and money laundering case in Mexico involving Brazilian...
BARCELONA, Feb 13- Companies that have spent money on a major telecoms conference in Barcelona that has been cancelled after mass withdrawals due to the coronavirus outbreak cannot expect compensation under the organisers' standard insurance, they said on Thursday. The GSMA telecoms body cancelled the Feb. 24-27 event on Wednesday despite assurances from...
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