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Japan Inc shifts to online press briefings as coronavirus spreads
By Takashi Umekawa TOKYO (Reuters) – Mitsubishi UFJ Financial Group Inc (MUFG) <8306.T> on Tuesday became the latest Japanese firm to cancel a news conference due to fears over the escalating coronavirus outbreak, opting instead for a telephone conference with reporters. The decision by Japan’s biggest bank, following moves by other companies, reflects growing concern […]
Senior House Democrat Clyburn endorses Biden for president
NORTH CHARLESTON, S.C. (Reuters) – James Clyburn, the No. 3 Democrat in the House of Representatives and an influential black legislator from the early voting state of South Carolina, said on Wednesday he would endorse former U.S. Vice President Joe Biden’s bid for president. Clyburn’s coveted endorsement comes before South Carolina’s primary on Saturday, the […]
Fiat Chrysler profit rises, outlook ‘firm’ ahead of Peugeot merger
By Giulio Piovaccari and Paul Lienert MILAN/DETROIT (Reuters) – Fiat Chrysler <FCHA.MI> <FCAU.N> posted a 7% rise in fourth-quarter profit on Thursday, boosted by strong business in North America and better results in Latin America as it headed into a merger with France’s PSA <PEUP.PA>. In a briefing with analysts, Chief Executive Officer Michael Manley […]