Italy's competition watchdog said on Friday it had fined former phone monopoly Telecom Italia (TIM) 116 million euros ($131 million) for abusing its dominant position in the broadband market in an attempt to obstruct the entrance of rivals.
The number of people infected with coronavirus surpassed 100,000 across the world on Friday as the outbreak reached more countries and intensified economic damage, with business districts beginning to empty and stock markets tumbling.
Goldman Sachs ranked as the top adviser to companies targeted by activist investors in 2019, dethroning Morgan Stanley , which had held the top spot for three straight years, according to Refinitiv data published on Friday.
The death toll from an outbreak of coronavirus in Italy has risen by 49 to 197, the Civil Protection Agency said on Friday, the largest daily increase in fatalities since the contagion was uncovered two weeks ago.
France has 613 confirmed cases of coronavirus, the head of the public health service, Jerome Salomon, said on Friday, which is an increase of 190 compared to a day earlier.
U.S. stock indexes tumbled on Friday as fears of economic damage intensified with the global tally of coronavirus cases crossing 100,000, sending investors scurrying to the safety of bonds.
The Saudi ministry of sports announced on Friday it will suspend public attendance at all sports events starting Saturday, a statement from the ministry reported.
Colombia confirmed its first case of coronavirus on Friday, joining other South American countries already reporting cases of the fast-spreading disease.
The outbreak of the new coronavirus is hammering Canada's tourism industry, a senior government official said on Friday, as the number of visitors from China plummeted and after the cancellation of a major technology convention.
Austria is introducing "spot" health checks at its border with Italy for two weeks as of next week in response to the coronavirus outbreak, in which Italy is the hardest-hit country in Europe, Chancellor Sebastian Kurz said on Friday.
Brent suffered its biggest one-day loss in more than 11 years on Friday after Russia balked at OPEC's proposed steep production cuts to stabilize prices as the coronavirus outbreak slows the global economy and hurts energy demand.
Mastercard Inc closed its office in Sao Paulo and an annex location near its headquarters in New York after an employee was diagnosed with coronavirus.
Canada's official guidance on the novel coronavirus has been to test patients who recently traveled to affected areas, but some doctors and hospitals have expanded testing on their own, finding the first in a series of patients linked to Iran before the scale of the Iranian outbreak was known.
U.S. stock indexes tumbled on Friday as fears of economic damage intensified with the global tally of coronavirus cases crossing 100,000, sending investors scurrying to the safety of bonds.
France will close nurseries and schools for 15 days from Monday in the two areas most hit by coronavirus infections, one north of Paris and the other in the northeastern part of the country, its prime minister said on Friday.