By John Revill ZURICH (Reuters) – Swiss engineering group ABB <ABBN.S> said on Monday profits of all its businesses would suffer in the first quarter because of the fallout from the coronavirus and due to plunging oil prices. The maker of industrial robots, factory drives and chargers for electric cars ditched its financial guidance for […]
Two sides reach deescalation agreement after clashes erupt near provincial capital of Yemeni island. Fighting on the Yemeni island of Socotra has come to a halt after an agreement was reached between the Saudi-backed government forces and UAE-backed southern separatists. The deescalation agreement announced late on Friday came after an armed unit of the Southern […]
(Reuters) – U.S. consumer electronics retailer Best Buy Co <BBY.N> said on Tuesday its board had cleared Chief Executive Officer Corie Barry of misconduct allegations following an independent review. The company earlier this month said its board was conducting a review on allegations of misconduct against Barry after receiving an anonymous letter. “Ms. Barry fully […]
