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NMC Health removes CEO amid investigation of UAE firm's finances

NMC Health has removed Chief Executive Prasanth Manghat with immediate effect and granted its finance chief extended sick leave, as more details emerge from an investigation into the UAE healthcare firm's finances.



5 years ago

Stocks, oil fall as coronavirus fears grip markets

Stocks and oil prices resumed their fall on Wednesday after authorities said more than 80 people were being monitored for the novel coronavirus in New York state's Long Island, adding to concern over its spread in Europe, Asia and the Middle East.



5 years ago

U.S. stock exchanges say prepared for coronavirus

U.S. stock exchanges said on Wednesday they were watching coronavirus-related developments closely and had contingency plans in place to continue running if any of their operations were affected.



5 years ago

Google defeats conservative nonprofit's YouTube censorship appeal

Google persuaded a federal appeals court on Wednesday to reject claims that YouTube illegally censors conservative content.



5 years ago

EU open to more spending in countries hit by coronavirus outbreak

Italy and other euro zone countries hit by the coronavirus outbreak are expected to benefit from waivers under EU fiscal rules that will allow them to spend more to tackle the emergency, the bloc's economics commissioner said on Wednesday.



5 years ago

Toll Brothers says 11 home sales in California impacted by coronavirus

Home builder Toll Brothers Inc said on Wednesday that the coronavirus outbreak in China had led to shortages of lighting fixtures and small appliances, forcing it to delay the sales of 11 homes in California, one of its biggest markets.



5 years ago

A new calculator sheds light on high-flying U.S. unicorn price tags

Common shares in many high-flying venture-backed startup companies are worth less than headlines lead some people to believe, and an online calculator that two finance professors debuted on Wednesday can now quantify that discrepancy.



5 years ago

Is new Disney CEO Bob Chapek up to the task?

A global pandemic and the challenge of figuring out the future of entertainment greeted Bob Chapek on Wednesday as he took over as Chief Executive Officer of Walt Disney Co .



5 years ago

Delta cutting flights to South Korea; JetBlue waives U.S. change fees

Delta Air Lines Inc said on Wednesday it would temporarily cut flights to and from South Korea, citing global health concerns related to the coronavirus outbreak as U.S. airlines grapple with lagging travel demand.



5 years ago

Asian stocks extend losses as pandemic fears grow

Oil and Asian share markets slipped on Thursday, struggling to find a footing as the rapid global spread of the coronavirus left investors on edge and seeking safety in gold and bonds.



5 years ago

Alphabet still facing questions over data use in its Toronto smart city project proposal

Alphabet's proposed "smart" city development in Toronto is facing fresh questions over the project's data-gathering technology from a panel advising the Canadian government-mandated body in charge of getting it built.



5 years ago

Global stocks outlook still positive, but vulnerable to coronavirus: Reuters poll

Global stocks have further to run this year, but the likelihood of a correction of 10% or more is high, according to Reuters polls of market strategists, with the severity of the economic hit from the coronavirus outbreak being the biggest risk.



5 years ago

Exclusive: IMF, World Bank consider 'virtual' Spring Meetings as virus spreads

Growing concerns inside the International Monetary Fund and the World Bank about the spread of the new coronavirus have prompted the institutions to consider scaling back their Spring Meetings in April or hold them by teleconference, people familiar with the discussions said on Wednesday.



5 years ago

Apple investor vote sounds 'warning' over China app takedowns

An Apple Inc shareholder proposal critical of the company's app removals in China received a relatively high level of support at the iPhone maker's annual meeting on Wednesday, enough to push the company to respond, experts said.



5 years ago

Canada mulling made-in-Ottawa supplement to Boeing's 737 MAX flight manual

Transport Canada is mulling a Canadian supplement to the Boeing 737 MAX's U.S.-developed flight manual, as the regulator weighs going beyond steps taken by the Federal Aviation Administration (FAA) to end a global grounding of the model after two fatal crashes.



5 years ago