Hong Kong's Cathay Pacific Airways Ltd will allow all crew members and frontline employees to wear surgical masks due to concerns over a new coronavirus, and said passengers to and from Wuhan, China, could change or cancel flights for free through March 31.
Canadian judge approves C$196.5 million Volkswagen fine for diesel emissions
A judge in Canada approved a $196.5 million (CAD) ($149.5 million) fine against Volkswagen AG on Wednesday after the company pleaded guilty to dozens of counts of diesel emissions violations.
Tech sector pushes the S&P 500 to slight gain
Technology shares led the S&P 500 marginally higher on Wednesday, as a healthy forecast from IBM helped mitigate worries over the developing coronavirus outbreak.
Stocks edge up, oil drops as China virus worries abate
World stock markets gained back some ground on Wednesday as investors took heart from measures to curb the spread of a flu-like virus from China, while oil prices tumbled on a forecast for a market surplus.
Kinder Morgan profit, cash flow rise on Gulf Coast Express pipeline strength
U.S. pipeline operator Kinder Morgan Inc reported a 26% rise in quarterly profit on Wednesday, benefiting from higher gas takeaway from the Permian Basin through its Gulf Coast Express pipeline.
U.S., Canadian oil company bankruptcies surge 50% in 2019: report
The number of oil and gas company bankruptcies in the United States and Canada rose 50% in 2019 over the previous year, and is likely to increase as a slide in energy prices continues to shake producers Dallas law firm Haynes and Boone said in a report released on Wednesday.
Australia's Westpac hires veteran banker McFarlane as chairman to tide over crisis
Westpac Banking Corp on Thursday named banking veteran John McFarlane as chairman, entrusting the former Barclays boss to help steer it through the fallout of a massive money-laundering scandal.
Kinder Morgan profit jumps 26% on Gulf Coast Express pipeline strength
U.S. pipeline operator Kinder Morgan Inc reported a 26% rise in quarterly profit on Wednesday, benefiting from higher gas takeaway from Permian Basin through its Gulf Coast Express pipeline.
Australia's scandal-hit Westpac names veteran banker John McFarlane as chairman
Westpac Banking Corp on Thursday named banking veteran John McFarlane as chairman-elect, entrusting the former Australia and New Zealand Banking Group boss to help steer it through the fallout of a massive money-laundering scandal.
Dollar steady as coronavirus contagion fears abate
The U.S. dollar was unchanged against a basket of currencies on Wednesday as safe-haven demand ebbed along with worries about whether the spread of a flu-like coronavirus would hurt the global economy.