Mastercard says coronavirus to hit first-quarter revenue
Mastercard Inc said on Monday its net revenue in the first quarter will take a hit of between 2% and 3% over its previous forecast...
Asian shares lead global rout, bonds bet on rate cuts
Asian share markets were heading south on Tuesday amid fears the coronavirus was rapidly mutating into a pandemic that could cripple global supply chains and...
U.S. still eyeing ways to curb sales to Huawei after Trump’s chipmaker comments: sources
U.S. government officials are still considering ways to further curb sales to China’s Huawei Technologies [HWT.UL], despite President Donald Trump’s tweets and comments last week...
Europe’s top firms must double low-carbon investment: study
Europe’s top companies need to more than double their current level of spending on low-carbon projects to meet the European Commission’s flagship goal of ‘climate...
Citi, Credit Suisse among banks curbing Italy trips on coronavirus fears: sources
Investment banks including Citigroup Inc , Credit Suisse and Nomura Holdings Inc have curbed trips to Italy on fears that the coronavirus outbreak across the...
Coronavirus sparks deepest S&P 500 drop since early 2018
The S&P 500 suffered its worst day in two years on Monday as a surge in coronavirus cases outside China rattled investors already worried about...
United Airlines withdraws 2020 forecast on coronavirus uncertainty
United Airlines Inc on Monday withdrew its full-year 2020 forecast citing the impact of the coronavirus outbreak and said it was seeing an about 100%...
Stocks tumble, oil falls, gold spikes as virus fears grip markets
Stocks across the globe fell by the most since mid-2016 on Monday and oil prices tumbled as a jump in coronavirus cases outside of China...
Wall Street plunges on fears of coronavirus pandemic
Wall Street’s three major averages plunged on Monday as investors ran for safety after a surge in coronavirus cases outside China fanned worries about the...
Defending against Xerox, HP doubles down on share buybacks, cost cuts
HP Inc said on Monday it would step up efforts to slash costs and buy back stock, as it seeks investor support to defend against...