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PepsiCo made a big move in China over the weekend that was unrelated to the coronavirus. The food and beverage giant announced Sunday that it had agreed to buy the Chinese snack brand Be & Cheery.
Coca-Cola has outlined some exposure it has to Covid-19. China is its third-largest market in the world in terms of unit case volumes.
Ford and General Motors may have modestly good results in the United States this year, as they did in 2019. However, overall global results already have been hammered.
The airline industry has taken another hit on flights to and from China, with demand being affected around Southeast Asia due to the Covid-19 novel coronavirus.
The impact of the Covid-19 coronavirus has been very pronounced in Chinese companies, but it seems that Alibaba has weathered this storm better than most.
The world's largest consumer products maker announced on Thursday that the Covid-19 novel coronavirus is affecting its business in China.
24/7 Wall St. has collected many outlooks from semi-government entities and independent research reports from the private sector to outline the expected Covid-19 impact in 2020.
Tesla stock continued to surge on Tuesday after a new report surfaced that the electric vehicle maker is looking to use cheaper Chinese lithium iron phosphate batteries in its vehicles.
Companies continue to announce that the spread of the Covid-19 virus will affect their earnings. No company better signifies the impact on a business level than Apple, the most valuable company in...
A global recession already has started to spread. It seems less and less likely that the American economy can dodge the carnage.
With more than 60,000 reported cases of the coronavirus and nearly 1,400 deaths worldwide along with quarantines and travel restrictions, the impact of the disease on global GDP is just beginning to...
Alibaba is set to report its fiscal third-quarter earnings results before the markets open on Thursday, and analyst expectations are high.
The International Energy Agency reported Thursday that global CO2 emissions in 2019 were flat with emissions in 2018, ending a two-year streak of rising emissions. The bad news is that the level is...
The coronavirus has taken another victim. Smartphone shipments from China are expected to drop sharply this quarter.
The WHO is convening a meeting Tuesday in Geneva to give researchers and medical practitioners a chance to share information about the coronavirus outbreak. That will help battle the disease, but...