Business

Thyssenkrupp’s logo is seen outside the elevator test tower in Rottweil, Germany, January 21, 2020. REUTERS/Michaela Rehle FRANKFURT/DUESSELDORF (Reuters) – Thyssenkrupp (TKAG.DE) is nearing a full sale of its elevator division, three people familiar with the matter said, adding this would result in maximum proceeds that are needed as net debt has soared in the

NEW YORK (Reuters) – The S&P 500 and Nasdaq rose to record closing highs on Wednesday as optimism that China would take more measures to prop up its economy eased concerns about the economic impact of the coronavirus epidemic. Stocks held gains following the release of minutes from the U.S. Federal Reserve’s last policy meeting,

FILE PHOTO: Logo of Airbus is pictured at the aircraft builder’s headquarters of Airbus in Colomiers near Toulouse, France, September 27, 2019. REUTERS/Regis Duvignau/File Photo DUBAI (Reuters) – Kuwaiti lawmakers agreed on Wednesday to set up a committee to look into whether Airbus’s (AIR.PA) aircraft orders from the Gulf Arab state involved alleged corruption, the

FILE PHOTO: The Boeing logo is displayed on a screen, at the New York Stock Exchange (NYSE) in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid SEATTLE (Reuters) – Boeing Co (BA.N) found debris that could pose potential safety risks in the fuel tanks of several 737 MAX aircraft that are in storage and waiting

LONDON (Reuters) – World stocks markets were knocked off record highs on Tuesday as two of the world’s mega companies reported damage from the coronavirus outbreak. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File Photo Apple’s stock fell almost 6% in Frankfurt

(Reuters) – Apple Inc (AAPL.O) said on Monday it would not meet its revenue guidance for the March quarter because of the coronavirus outbreak slowing iPhone production and weakening demand in China. FILE PHOTO: The Apple Inc. logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York,

LONDON (Reuters) – Global shares rose on Monday as the promise of further policy stimulus to counteract the economic hit from a coronavirus outbreak calmed nervous investors. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, February 14, 2020. REUTERS/Staff/File Photo Trading is expected to be

TOKYO (Reuters) – 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. FILE PHOTO: Nissan Motor

(Reuters) – The U.S. government is considering whether to stop General Electric Co (GE.N) from continuing to supply engines for a new Chinese passenger jet, according to people familiar with the matter, casting uncertainty over China’s efforts to enter the civil aviation market. FILE PHOTO: A traffic light is seen in front of a logo

MUNICH (Reuters) – Online content should be regulated with a system somewhere between the existing rules used for the telecoms and media industries, Facebook (FB.O) CEO Mark Zuckerberg told global leaders and security chiefs on Saturday. Facebook Chairman and CEO Mark Zuckerberg attends the annual Munich Security Conference in Germany, February 15, 2020. REUTERS/Andreas Gebert

LONDON (Reuters) – Huawei’s cyber security chief said on Friday that he was not aware of any mobile operator ever having given the Chinese company access to the equipment used to intercept calls when required to do so by security services. FILE PHOTO: The Huawei logo is seen on a communications device in London, Britain,

SEATTLE/WASHINGTON (Reuters) – Boeing Co (BA.N) told the U.S. Federal Aviation Administration it does not believe it needs to separate or move wiring bundles on its grounded 737 MAX jetliner that regulators have warned could short circuit with catastrophic consequences, people familiar with the matter said on Friday. An employee walks past a Boeing 737

FILE PHOTO: The logo of Volkswagen is pictured at the LA Auto Show in Los Angeles, California, U.S., November 20, 2019. REUTERS/Lucy Nicholson FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) is shutting down two coal-fired power stations at its main plant in Wolfsburg, Germany and has declined offers to sell them to cut down the company’s carbon

FILE PHOTO – Men watch the cruise ship MS Empress of the Seas, operated by Royal Caribbean International, as it leaves the bay of Havana, Cuba, June 5, 2019. REUTERS/Alexandre Meneghini (Reuters) – Royal Caribbean Cruises Ltd (RCL.N) on Thursday said it had canceled 18 cruises in Southeast Asia and joined larger rival Carnival Corp

YOKOHAMA (Reuters) – Nissan Motor Co (7201.T) on Thursday cut its annual operating profit forecast by 43%, hit by a slump in vehicle sales and heaping more pressure on new management to fix a company still reeling from the scandal surrounding former leader Carlos Ghosn. Nissan Motor Co CEO Makoto Uchida speaks during a news

BARCELONA/BERLIN/PARIS (Reuters) – The Mobile World Congress (MWC), the annual telecoms industry gathering that draws more than 100,000 visitors to Barcelona, was canceled on Wednesday after a mass exodus by exhibitors due to fears over the coronavirus outbreak. An employee eats next to the Logo of MWC20 (Mobile World Congress) in Barcelona, Spain February 12,