German chemical giant BASF diverted some products to Europe from its Chinese clients following a coronavirus outbreak that has disrupted logistics and delayed factories from resuming operations.
The European Commission has opened an investigation into whether China is dumping aluminium extrusions, products widely used in transport, construction and electronics, in the European Union, it said on Friday.
The London Metal Exchange has cancelled its annual LME Asia Week dinner in Hong Kong, a major event for the metal industry, and postponed the seminar that would have taken place on the same day, the exchange said in a notice on Friday.
Canopy Growth Corp said on Friday it will focus on reducing costs as the pot producer struggles with a slump in weed prices from oversupply and growing expenses that led to a bigger adjusted loss in the quarter.
Indonesia's Lion Air will decide by the end of the month when to proceed with its planned initial public offering (IPO) in the face of reduced investor appetite for the sector because of the coronavirus outbreak, said sources close to the matter.
One of China's top titanium producers has halted production at its unit in Chongqing after members of staff were found to be infected with the new coronavirus, a local government official said on Friday.
Singapore Airlines Ltd faces "significant challenges" to its business from the coronavirus outbreak will be adjusting its network and tightly managing costs, it said on Friday, as it reported an 11% rise in third-quarter net profit.
Drinking cocoa rich in flavonols - plant compounds also found in fruits, vegetables and tea - might make walking easier for some older adults with poor circulation, a study suggests.
Malaysia's FGV Holdings has bought a 60% equity interest in RedAgri Farm for 10 million Malaysian ringgit ($2.42 million), marking its entry into dairy farming and fresh milk processing, the world's largest crude palm oil producer said.
China stocks closed higher on Friday, marking their first weekly gain in four, on hopes that measures by the government to contain the coronavirus outbreak and limit its economic impact could continue to help equities.
Leaning on its SARS experience, Hong Kong's Cathay Pacific Airways Ltd has slashed flights, asked staff to take unpaid leave and is re-assessing its fleet as it battles an epidemic and a crisis of morale after pro-democracy protests.
Wang Chuanchao shuttered his restaurant in central Beijing three weeks ago as the scare over the coronavirus epidemic in country kept customers away and now he's reduced to selling off vegetables on the street outside to cut losses.
China's coronavirus outbreak showed no sign of peaking with health authorities on Friday reporting more than 5,000 new cases, while passengers on a cruise ship blocked from five countries due to virus fears finally disembarked in Cambodia.
Canadian pot grower CannTrust Holdings Inc on Thursday named Greg Guyatt as chief executive officer, months after it fired Peter Aceto following a Health Canada finding that the marijuana producer grew cannabis in unlicensed rooms.
The death toll from a coronavirus outbreak in China's Hubei province rose by 116 on Friday, health officials said, less than half the number of deaths from the day before, when Japan reported its first fatality.
Online luxury fashion retailer MyTheresa plans to list on the New York Stock Exchange, taking advantage of robust equity markets, people close to the matter said.
Brazilian Agriculture Minister Tereza Cristina Dias said on Thursday that the impact of coronavirus should be viewed with calm and not blown out of proportion, amid rising concern that the disease outbreak in China could hurt demand for commodities.
The Philadelphia Energy Solutions oil refinery site will be sold for $252 million and redeveloped under a plan approved in bankruptcy court on Thursday, ending months of uncertainty over whether the idled plant would be restarted, court filings show.
Reuters
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