United News of Bangladesh

China's local governments and e-commerce platforms are moving to reduce rents and offer financial support to help small businesses tide over the novel coronavirus outbreak.

Ford Motor Co.'s profit last year plunged by more than $3.6 billion, weighed down by slowing U.S. sales, the cost of a botched SUV launch and some big pension expenses.

Fiscal third-quarter profit at Japanese electronics and entertainment company Sony Corp. dipped to about half of what it was the previous year as its video game, networking and film businesses stumbled.

 For companies bracing for losses from China's viral outbreak, the damage has so far been delayed, thanks to a stroke of timing: The outbreak hit just when Chinese factories and many businesses were closed anyway to let workers travel home for the week-long Lunar New Year holiday .

Federal antitrust regulators say a proposed merger that would combine old-school shaving company Schick with upstart Harry's would end up costing consumers some skin.

Hong Kong's economy shrank last year for the first time since 2009, government data showed Monday, as the territory struggles with the impact of China's virus outbreak.

China's capital market will experience only a limited and short-term impact from the novel coronavirus outbreak, said an op-ed released Monday in a publication run by the central bank.

India's government projects the economy will grow up to 6.5% in the next fiscal year, starting in April, and hopes to follow China's example in developing labor intensive industries and exports.

The eurozone economy, which is made up of the 19 countries that use the euro currency, ended 2019 with a whimper and recorded its worst year of growth since it was mired in a debt crisis in 2013.

Shares were mixed in Europe and Asia on Friday, with Britain's FTSE 100 slightly lower as the midnight departure of the UK from the European Union loomed.