Page 751 - Bloomberg

Oil futures skid to 12-year low as Russia-OPEC fail to reach deal in Vienna

The potential collapse of the group led by Saudi Arabia and Russia is the latest blow to a market that was already dragged down by fears over the economic damage from the spread of the coronavirus

Coronavirus outbreak: Mask or no mask? What the experts have to say

With masks in short supply, the argument is that everyone is better off if they are reserved for those who actually require them

Prosecutor urges stiff sentence for Weinstein citing 'lifetime of abuse'

Weinstein, who was convicted Feb. 24 after a jury trial, is set for sentencing on March 11

Bayer investor sues top executives for 'disastrous' Monsanto deal

Bayer shares are down 31% since the company completed the $63 billion takeover of Monsanto, prompting some investors to demand the resignation of Chief Executive Officer Werner Baumann.

Asia's fried-chicken king takes $2 bn hit in market value with US gamble

Fueled by concerns the spread of the disease will weigh on consumer spending, Jollibee shares have dived more than 18% this year, adding to losses in 2019, their worst in two decades.

Exxon CEO Darren Woods calls rivals' climate goals a 'beauty competition'

Much-derided plastic even came in for some praise, with Exxon Senior Vice President Jack Williams arguing that it's "a net benefit to society and to the environment."

Climate crisis: CEOs beware, shareholders want you to go green fast

At least one major UK company already faces a hard-hitting resolution aimed at making it more green.

Lessons for handling virus shocks

The coronavirus has touched off an accelerating series of economic and social disruptions around the world

HDFC Bank in talks with Goldman Sachs Group's Harit Talwar for CEO role

The Mumbai-based lender has a market capitalisation of about $86 billion, giving it a bigger standing than major US banks like Goldman and Morgan Stanley

Microsoft says two employees have been diagnosed with coronavirus

Microsoft had asked workers who can to do their jobs from home through March 25, and that guidance remains unchanged based on the new cases.

China posts worst factory activity on record as coronavirus weighs

The collapse in economic activity seen in the data was largely due to virus control measures that have made it hard for workers to travel back after Lunar New Year

Singer's Elliott Management seeks to replace Twitter CEO Jack Dorsey

Elliott's push comes at a pivotal time with the US election, Summer Olympics and other major events, like the spread of the coronavirus, which tend to attract more users and advertisers to Twitter

Porsche to lean on green financing for its $6.6 billion electric-car plan

Porsche turned to green financing ahead of the debut of the $100,000-plus Taycan, its first battery-powered car

Bezos among biggest losers as coronavirus robs world's richest of $444 bn

The drubbing more than erased the $78 billion in gains that the 500 wealthiest people had amassed since the start of the year through last week, according to the Bloomberg Billionaires Index

Geneva car show cancelled in bid to contain coronavirus outbreak

The trade fair, which was due to start Monday, will return next year, Palexpo SA, which runs the Geneva convention center, said Friday in a video briefing to exhibitors

J&J ordered by Florida jury to pay $9 million in talc-cancer case

The talc litigation may eventually cost the company as much as $10 billion, according to Bloomberg Intelligence

Economic tonic from Rajan: Fight virus first and worry about stimulus later

The priority should be on convincing companies and households that the virus is under control, said the former RBI governor

Upbeat Rolls-Royce says it is finally getting over engine troubles

Rolls-Royce expects to deliver 450 of the wide-body engines in which it specializes this year

BRIC seekers of UK golden visa double since 2015 despite Brexit

BRIC applicants accounted for 40% of total global refusals in 2019

Donald Trump says coronavirus risk to Americans 'remains very low'

US President Donald Trump said Americans face little risk from the coronavirus outbreak , seeking to ease public concern after lawmakers raised concern that the government is unprepared.