World markets rout deepens as virus panic worsens
Asia’s stock markets were hammered on Friday as panic gripping world financial markets deepened and even safe-haven assets such as gold and bonds were ditched...
Canada revising deal aimed at validating U.S.-certified planes
Transport Canada said on Thursday it is revising a deal that would have reduced technical work done by the Canadian regulator when validating Federal Aviation...
Asian markets braced for deeper rout as virus panic worsens
Asia’s stocks were poised to plunge further on Friday as panic gripped world financial markets and even safe-haven assets such as gold were ditched to...
Wall Street sell-off batters bitcoin, pounds palladium as investors go to cash
Crushing asset sell-offs ranging from bitcoin to precious metals and European stocks accompanied Wall Street’s slide into bear market territory on Thursday, as investors liquidated...
Walgreens, Kroger limit purchase of some essential products amid virus outbreak
Pharmacy chain Walgreens Boots Alliance Inc and supermarket chain Kroger Co on Thursday placed purchase limits on certain products to stabilize inventory, as customers stock...
No more nut rage: activist fund takes on family-controlled Korean Air
Days after photos of broken windows and smashed china hit the newsstands revealing a Christmas Day family squabble in the home of Korean Air’s late...
Gap sees 2020 profit above estimates, flags $100 mln virus hit to sales
Gap Inc leaned on its turnaround plan to forecast 2020 profit above market expectations on Thursday, but flagged a $100 million sales hit in Asia...
Bridgewater hedge funds post mixed results amid market turmoil
Bridgewater Associates LP, the Ray Dalio-led hedge fund giant famous for making money during the 2008 financial crisis, has posted mixed returns amid the coronavirus-led...
Business jet operators see demand surge on U.S. travel restrictions, coronavirus
New U.S. restrictions on Europeans entering the United States are fueling additional bookings for business jet flights, which were already in higher demand this year...
Oracle’s cloud push powers quarterly profit, revenue beat
Growth in cloud business helped Oracle Corp top quarterly profit and revenue on Thursday and said the coronavirus will have “minimal impact” on the fourth-quarter...