The Morning Financial Newsletter That's Ruffling Feathers.
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2/20/2020 World's top shipper expects virus outbreak to hurt earnings
The world's largest shipping company, Denmark's A.P. Moller-Maersk, said Thursday it expects the outbreak of the new coronavirus in China to hurt its 2020 earnings. The company said in its annual earnings report that the 2020 outlook “is subject to significant uncertainties and impact...
2/19/2020 Bloomberg would sell business interests if elected president
Mike Bloomberg would sell the financial data and media company he created in the 1980s — which bears his name and made him a multibillionaire — if he is elected U.S. president, a top adviser said Tuesday. Bloomberg would put Bloomberg LP into a blind trust, and the trustee would then ...
2/18/2020 China virus outbreak chilling recovery for Asian economies
The virus outbreak in China has put South Korea's economy into an "emergency situation," its president says. Japan is on the brink of recession and big manufacturers are forecasting a whole world of woe. As many Chinese finally go back to work after their longest Lunar New Year holid...