French carmaker PSA unveils mini electric Citroen car
Citroen, one of French carmaker PSA's brands, unveiled a mini electric car on Thursday aimed at young city dwellers.
Citroen, one of French carmaker PSA's brands, unveiled a mini electric car on Thursday aimed at young city dwellers.
The U.S. central bank will move aggressively to cut borrowing costs as soon as next month, trimming an extraordinary three-fourths of a percentage point by mid-year to cushion the world's biggest economy from the impact of the coronavirus, traders of futures contracts tied to the Federal Reserve's policy rate are now betting.
Oil prices are getting whacked as investors fear that the coronavirus outbreak will lead to steep demand reductions for crude.
Wall Street's main indexes fell for the sixth straight session and slipped into correction territory on Thursday, as the rapid spread of the coronavirus outside China intensified fears about the hit to economic growth and corporate earnings.
The South African unit of cigarette maker Philip Morris International Inc welcomed the government's decision to introduce a lower excise tax on heated tobacco products than on regular cigarettes.
Shares of Microsoft Corp fell more than 4% on Thursday after the company warned of weakness in PC business due to a hit to its supply chain from the coronavirus outbreak, echoing similar statements from Apple Inc and HP .
SoftBank-backed food delivery startup DoorDash said on Thursday it had confidentially filed for an initial public offering with the U.S. Securities and Exchange Commission.
Researchers at a travel insurance comparison site report a 60% jump in policies sold since the coronavirus outbreak. But before buying trip insurance, read the fine print.
The board of Telecom Italia (TIM) met on Thursday to discuss proposals by U.S. investment firm KKR for a broadband investment in the country as the government pushes for a unified ultra-fast network.
In the face of a global health emergency, a growing number of university study abroad programs are sending students home immediately. A few are staying open — for now.
Getting a tax refund each year is an excellent opportunity to start an emergency fund. Encouraging Americans to save is a key goal of the Consumer Financial Protection Bureau's "Start Small, Save Up" initiative, says Kathleen L. Kraninger, CFPB director.
Starbucks Corp said on Thursday 85% of its stores in China were open, weeks after the coffee chain shut nearly half of its over 4,000 stores in the world's second-largest economy due to the coronavirus outbreak.
Contracts to buy previously owned U.S. homes rebounded in January to their second-highest monthly figure in about two years as low mortgage rates boosted sales.
Here's what you need to know about how long and how severe the typical correction tends to be, according to CNBC and Goldman Sachs analysis.
"Investors should not discount the benefit of announced and unannounced global policy responses that are likely to outlast the impact of COVID-19," the bank said.