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Nissan Vietnam to close plant due to coronavirus containment measures
HANOI (Reuters) – Nissan <7201.T> Vietnam will shut down its plant for two weeks amid a nationwide social distancing campaign to curb the spread of the coronavirus, the company said on Friday. “Our plant in central province Danang will close from April 5 for 15 days, in line with the government’s order of social distancing,” […]
Xerox, HP blame each other as takeover battle heats up
By Krystal Hu NEW YORK (Reuters) – U.S. printer maker Xerox Holdings Corp took its $35 billion bid for HP Inc to the U.S. personal computer maker’s shareholders on Monday, with a formal tender offer and a rebuttal to HP’s account of why they could not negotiate a deal. HP adopted a “poison pill” last […]
Tiffany sees rise in holiday sales on higher China spending
(Reuters) – Tiffany & Co <TIF.N>, which is being bought by Louis Vuitton owner LVMH <LVMH.PA>, on Thursday estimated sales growth of 1% to 3% during the holidays, with the biggest contribution coming from China and a recovery in the Americas. Last year, holiday sales in Asia-Pacific and the Americas fell 3% and 1% respectively, […]