GLOBAL

Fear spreads easily. That's what gives the Wuhan coronavirus economic impact

One way to count the cost of the Wuhan coronavirus is by how many people catch it, and then how many die. Another is the direct financial costs of public health measures to treat those infected and contain its spread...

By Ilan Noy 30 Jan 2020

GLOBAL

How CEOs, experts and philosophers see the world's biggest risks differently

We live in a world threatened by numerous existential risks that no country or organisation can resolve alone, such as climate change, extreme weather and the coronavirus...

By Christopher Michaelson 28 Jan 2020

GLOBAL

Coronavirus does not look like a 'black swan' event - here are some reasons to be cautiously optimistic

The alarm is sounding again. The Asia financial markets were reasonably calm about the new coronavirus until the news of the lockdown of the whole city of Wuhan in China on 23 January...

By Zheng Wang 27 Jan 2020

GLOBAL

US is more relaxed about oil spike than Europe - which helps explain differences over Iran

Oil prices shot up following the US assassination of Iranian general Qassem Soleimani, rising more than $5 per barrel to more than $71 (£54) on January 6, its highest level since the Saudi oil refinery attack last September...

By Mueid Al Raee 15 Jan 2020

GLOBAL

Facebook's Libra has staggering potential - state control of money could end

The UN recognises 180 currencies worldwide as legal tender, all of them issued by nation states. It does not recognise cryptocurrencies like Bitcoin in this way, even if communities of enthusiasts have been treating them as a means of exchange for over a decade now...

By Gavin Brown 27 Jun 2019

SOUTH AFRICA

Steinhoff investors ask to join Dutch lawsuit

The Dutch Investors Association (VEB) says it has been approached by many South African-registered Steinhoff shareholders interested in participating in its class action against Steinhoff...

By Ann Crotty 12 Jan 2018

THE NETHERLANDS

Philips blames Russia, China for its €103m loss

THE HAGUE, THE NETHERLANDS: Dutch electronics company Philips blamed a patent lawsuit and slow growth in primary markets of China and Russia for its €103m loss in the third quarter of its financial year.

21 Oct 2014

THE NETHERLANDS

Funai demands €312m from Philips

THE HAGUE, THE NETHERLANDS: Electronics manufacturer Funai is suing Philips for €312m in compensation for the failed sale of the Dutch company's entertainment business.

6 Oct 2014

THE NETHERLANDS

Dutch group ASML slashes forecast

THE NETHERLANDS - Dutch computer chip manufacturer and global high technology bellwether ASML slashed its forecasts for the next six months despite almost doubling profits in the first quarter.

17 Apr 2014

THE NETHERLANDS

Philips reports sharp switch into annual profit

THE HAGUE, THE NETHERLANDS: Electrical appliance and household goods group Philips switched back into profit in for 2013, the company said.

29 Jan 2014

THE NETHERLANDS

TomTom reports profits slump as car sales slow

THE HAGUE, THE NETHERLANDS: Dutch vehicle navigation systems manufacturer TomTom said its profits fell by half in the third quarter year-on-year, blaming a fall in car sales for the poor results.

31 Oct 2013

THE NETHERLANDS

Unilever sales hit by emerging markets slowdown

THE HAGUE, THE NETHERLANDS: Anglo-Dutch food and cosmetics company Unilever, seen as a bellwether for global consumer spending, warned on Tuesday (1 October) of slowdown in sales growth brought on by weakened demand in emerging markets.

2 Oct 2013


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