Wall Street tumbles as virus outbreak raises growth fears
Wall Street's main averages tumbled more than 1% on Friday, as mixed corporate earnings added to worries over the impact of the coronavirus outbreak on global growth.
Wall Street's main averages tumbled more than 1% on Friday, as mixed corporate earnings added to worries over the impact of the coronavirus outbreak on global growth.
Delta Air Lines Inc and American Airlines Group Inc decided on Friday to temporarily suspend all remaining U.S.-China flights after the U.S. State Department elevated a travel advisory over concerns about the coronavirus.
Italian prosecutors have investigated UBS Europe for possible money laundering and obstructing the work of regulators as part of a fraud inquiry into smaller asset manager Sofia SGR, two sources with direct knowledge of the matter said.
Oil prices were little changed on Friday but were on track for a fourth straight weekly loss, on mounting worries about economic damage from the coronavirus that has spread from China to around 20 countries, killing more than 200 people.
WASHINGTON (Reuters - U.S. consumer spending rose steadily in December, but tepid income gains pointed to moderate consumption growth this year, which together with slumping business investment likely set the economy on a slower growth path this year.
World Economic forum | Lisa Witter and Jaee Samant | Jan 31, 2020 Summary We need a more agile approach to regulation that supports and adapts to the change of the Fourth Industrial Revolution. Agile regulators can “lean into the latest technology trends and proactively shape them.” The UK, South Korea, Canada and other countries
Guatemala's government is imposing blanket travel restrictions on people who have recently been in China to keep out the new coronavirus, President Alejandro Giammattei said on Friday.
Global equity markets were poised for their first monthly loss since August on Friday as growing concerns about the economic impact of the coronavirus outbreak in China sapped investors' risk appetite and lifted the safe-haven yen and Swiss franc.
Takeaway.com, the online food ordering company, on Friday declared its $7.8 billion takeover of British peer Just Eat unconditional.
Two patients from the same family in England have tested positive for coronavirus, the first such cases in Britain, health chiefs said on Friday as an evacuation flight brought Britons home from the center of the outbreak in China.
Weaker crude oil and gas prices drove quarterly results sharply lower at Exxon Mobil Corp and Chevron Corp, pushing down shares at the two largest U.S. oil producers and signaling a weak start to the new year.
BMW has delayed the development of its next generation Mini as it seeks to cut costs and as uncertainty over Britain's trade relations with the European Union make long-term investment decisions harder.
Bayer AG's shares have taken a hit since three consecutive U.S. juries awarded more than $2 billion in damages to cancer patients alleging that the company's glyphosate-based weed killer, Roundup, caused their disease.
Travelex's UK website is now back online, the currency service provider said in an update https://www.travelex.com/customer-update, enabling customers to order travel money cash for store collection or home delivery, almost a month after a crippling ransomware attack.
If you're among the 26 million people expected to bet on the Super Bowl — mostly outside of regulated channels — remember that there are risks that come with not reporting your winnings.