Apple iPhone maker Foxconn said on Thursday it is cautiously restarting production at its main plants in China and warned revenue will be hurt this year by the coronavirus epidemic.
Volkswagen finance chief Frank Witter will leave the German car group in the summer of 2021, business publication Manager Magazin reported on Thursday.
The dollar trampled everything in its path on Thursday after a steep and sudden slide in the Japanese yen called into question its safe haven status and others from the euro to the Australian dollar were all knocked over.
Brent oil prices held near one-month highs on Thursday supported by China's efforts to boost its economy, a drop in new coronavirus cases at the epicentre of the outbreak and supply concerns in Venezuela and Libya.
Oil prices climbed on Thursday, extending gains from the previous session, as the market shifted focus to supply disruptions, while demand concerns eased following a drop in new coronavirus cases at the epicenter of the outbreak.
Asian stocks slipped and so did the region's currencies on Thursday, as virus cases rose in South Korea and Japan and investors quit local assets in favor of safety further afield.
Walmart Inc might finally have found the sweet spot in Japan's food market with a fast-growing venture ranked third in a nascent online grocery sector, as the brick-and-mortar stores it bought into two decades ago continue their search for profit.
Asian shares were under water on Friday as fears over the creeping spread of the coronavirus sent funds fleeing to the sheltered shores of U.S. assets, lifting the dollar to three-year highs.
The company reported an adjusted profit of $2.12 per share. Analysts polled by Refinitiv expected earnings of $1.03 per share.
Morgan Stanley CEO James Gorman told CNBC the origins of the deal date back to 2002.
Morgan Stanley, the tony investment bank for rich Americans and corporations, is making a play for the masses.
Gold is trading at a 7-year high as investors pile into safety trades amid ongoing fears over the impact of the coronavirus outbreak.
As the White House considers different tax proposals, one idea that's floating around creates a tax incentive to encourage families to invest in stocks. Making this proposal a reality may be easier said than done.
"How did this get to be, that if you're wealthy and you're a Democrat, it's just bad news?" CNBC's Jim Cramer said following the Democratic debate in Nevada.
While presidential candidate Michael Bloomberg said in Wednesday night's Democratic debate that his tax return is probably thousands of pages long, most taxpayers don't have complicated returns — and they also often can file for free.