Author: KMFSLLP

* Caretaker CEO, CFO call on staff to rally behind management

China plans to take over HNA Group Co and sell off its airline assets as the coronavirus outbreak has hit the conglomerate's ability to meet financial obligations, Bloomberg reported https://www.bloomberg.com/news/articles/2020-02-19/china-said-to-near-takeover-of-hna-group-as-virus-hits-business?utm_content=business&utm_campaign=socialflow-organic&utm_medium=social&utm_source=twitter&cmpid=socialflow-twitter-business on Wednesday, citing people familiar with

* Qantas Airways rises 8.4%, marks best session since May 2018

Chinese banks are rushing to issue low-cost deposits via the interbank market to help fund companies that are fighting the coronavirus outbreak.

Rock-bottom corporate bond yields, high levels of business debt and one of the fastest expansions of stock market valuations on record are worrying some Federal Reserve officials who fret such financial imbalances could aggravate any negative shocks to the U.S. economy.

Telefonica Brasil SA , the country's largest wireless carrier, aims to keep capital spending at levels similar to last year, executives said on Wednesday, after investments to prepare for fifth-generation (5G) mobile technology weighed on earnings.

Investors pile on pressure over excessive remuneration packages

UBS Group tapped ING Groep's Ralph Hamers to lead the bank, making it the second major Swiss lender to replace its chief executive officer this month.

A meeting of U.S. government officials to discuss further curbs on exports to Huawei and China is still on for Thursday, two sources said, despite a pushback from President Donald Trump against stricter limits on shipments of U.S. products overseas.

Australia and New Zealand Banking Group Ltd on Thursday posted its first quarterly growth in home loan volumes in its domestic market since mid-2018, riding on the back of a robust housing recovery.