Feb 28- An employee of Alphabet Inc's Google, who had been in the Zurich office, has tested positive for coronavirus, the company said on Friday. "The Zurich office, like all other offices, remains open," a Google spokesperson said. The number of confirmed coronavirus cases in Switzerland has risen to 15, and more than 100 people are in quarantine, government minister...
*GOOGLE EMPLOYEE WHO WAS IN ITS ZURICH OFFICE HAS TESTED POSITIVE FOR THE CORONAVIRUS- BUSINESS INSIDER. *GOOGLE IS PREVENTING EMPLOYEES FROM TRAVELING TO IRAN, AS WELL AS TO 2 ITALIAN REGIONS WHERE VIRUS IS SPREADING, LOMBARDY AND VENETO- BUSINESS INSIDER. *FROM MARCH 2, GOOGLE WILL BAN EMPLOYEES FROM TRAVELING TO SOUTH KOREA AND JAPAN- BUSINESS INSIDER Source text:...
NEW YORK, Feb 28- U.S. refining margins plunged this week on demand fears due to the coronavirus outbreak, hurting an already weak distillate market and reversing gasoline margins that been unexpectedly strong in recent weeks. Diesel margins had been weaker as the outbreak spread through Europe, which uses more diesel fuel. Over the last four weeks, U.S....
More than a decade later, Jenkins and former Barclays colleagues Richard Boath and Tom Kalaris, were unanimously acquitted by a jury on Friday in a case that revealed how the British banking giant secured a 4 billion pound investment from Qatar. The Gulf state had a reputation as a tough negotiator and in June 2008, Qatar Holding, part of the $300 billion Qatar...
WASHINGTON, Feb 27- The European Union hopes to de-escalate trade tensions with the United States but wants Washington to lower steel tariffs or make another goodwill gesture after a series of concessions by Brussels in recent years, a top EU lawmaker said Thursday. Lange, who led a delegation of European lawmakers who met with senior U.S. government officials...
*To reinvest 1.25 bln eur in elevator unit. *Thyssenkrupp shares close up 4.8% in Frankfurt Tom Käckenhoff. FRANKFURT/ DUESSELDORF, Feb 28- Thyssenkrupp AG said on Thursday it agreed to sell its elevators division to a consortium of Advent, Cinven and Germany's RAG foundation for 17.2 billion euros in what could be the world's largest buyout this year.
*New infections outside China exceed those inside. NEW YORK, Feb 27- Oil prices tumbled for a fifth day on Thursday to their lowest level in more than a year, as new reports of novel coronavirus cases outside China spurred investor fears that the rapidly spreading outbreak could slow the global economy. Earlier this week, for the first time since the outbreak...
*To reinvest 1.25 bln eur in elevator unit. *Thyssenkrupp shares close up 4.8% in Frankfurt Tom Käckenhoff. FRANKFURT/ DUESSELDORF, Feb 27- Thyssenkrupp on Thursday said it agreed to sell its elevators division to a consortium of Advent, Cinven and Germany's RAG foundation for 17.2 billion euros in what could be the world's largest buyout this year.
*Soybeans bounce from 9- month low on Argentina export news. *Coronavirus spread beyond China adds to risk of demand hit. CHICAGO, Feb 27- U.S. corn futures fell to contract lows on Thursday and wheat futures slumped to the lowest level in 2 -1/ 2 months in tandem with tumbling equities and energy markets amid investor fears of the coronavirus outbreak developing...
*New infections outside China exceeds those inside. NEW YORK, Feb 27- Oil prices tumbled for a fifth day on Thursday to their lowest in more than a year, as further novel coronavirus cases outside China fanned fears that a pandemic could slow the global economy and erode demand for crude. For the first time since the outbreak erupted, the number of new coronavirus...
PARIS, Feb 27- France's Safran posted a stronger-than-expected rise in 2019 core profit led by jet engine spare parts, but warned of flat-to-lower 2020 revenue hit by Boeing's 737 MAX grounding crisis. Safran co-produces the jet's engines with General Electric and makes the bulk of its cabling as well as equipment from oxygen masks to fuel systems, slides,...
BERLIN, Feb 27- Blackstone Group Inc Chief Executive Stephen Schwarzman said the world's biggest private equity firm cannot buy Bloomberg should it come up for sale as long as the firm owns competitor Refinitiv. Blackstone bought a 55% stake in Thomson Reuters's data division in 2018, renamed later as Refinitiv, valuing the firm at $20 billion and making it the...
*New infections outside China exceeds those inside. LONDON, Feb 27- Oil prices fell 2% on Thursday, plunging for fifth day to their lowest since January 2019 as a rise in new coronavirus cases outside China fuelled fears of a pandemic that could slow the global economy and dent demand for crude. For the first time since the start of the coronavirus outbreak erupted...
BERLIN, Feb 27- Blackstone Group Inc Chief Executive Stephen Schwarzman said the world's biggest private equity firm cannot buy Bloomberg should it come up for sale as long as the firm owns competitor Refinitiv. Schwarzman said that he did consider such an investment on reading the news that Mike Bloomberg would put his financial news and data provider up for...
*Europe's STOXX 600 down 2.2%, E-minis down 0.3%. Treasuries yields hit record lows on Thursday as the coronavirus spread faster outside China and investors fled to safe havens. The number of new coronavirus infections in China- the source of the outbreak- was for the first time overtaken by fresh cases elsewhere on Wednesday, raising pandemic fears.
Feb 27- The number of confirmed coronavirus cases in Switzerland has risen to four, the country's health authority said on Thursday. In the western canton of Geneva one person was tested positive for the virus while it was also confirmed in a couple in the southeastern Alpine canton of Grisons, it added. Their condition is good, "the Federal Office of Public Health...
*New coronavirus infections outside China exceeds the number reported in China for 1st time. TOKYO, Feb 27- Oil prices fell for a fifth day on Thursday to their lowest since January 2019 as a growing number of new coronavirus cases outside of China fuelled fears of a pandemic which could slow the global economy and lower crude demand. On Wednesday, for the first time...
Feb 27- The number of new coronavirus infections inside China- the source of the outbreak- was for the first time overtaken by fresh cases elsewhere on Wednesday, with Italy and Iran emerging as epicenters of the rapidly spreading illness. *Italy has reported more than 400 cases, centered on the industrial heartlands of Lombardy and Veneto. *China said the number of...
FORT COLLINS, Colo., Feb 26- It is no secret that most agriculture market participants have had concerns since Day 1 about the Phase 1 trade agreement between the United States and China, and top U.S. trade officials did not offer much additional clarity last week at USDA's outlook forum. That trade deal, signed Jan. 15, implies that China in 2020 will purchase and...
Transport Canada told Reuters by email on Wednesday it would not hesitate to add "Canadian-unique" non-normal procedures as a supplement to the MAX's aircraft flight manual, although its goal is still a "harmonized approach" with the FAA for the steps pilots must take during events related to system failures or malfunctions. Canada's remarks illustrate the...
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