Bayer cools prospect of imminent glyphosate settlement
German drugs and pesticides company Bayer was at pains on Thursday to quell expectations it was nearing an out-of-court settlement laying to rest claims its...
Huawei plans first European 5G factory in France in bid to ease Western worries
Huawei will build its first European manufacturing plant in France, the chairman said on Thursday, as the Chinese telecom giant seeks to ease worldwide concerns...
U.S. fourth-quarter GDP unrevised; weakness in business spending persists
The U.S. economy grew moderately in the fourth quarter, the government confirmed on Thursday, and is facing a bumpy road in early 2020 amid the...
Fed rate cut next month? Traders are betting on it
The U.S. central bank will move to reduce borrowing costs as soon as next month to cushion the world’s biggest economy from the impact of...
Wall Street in correction territory on alarm over fast-spreading virus
Wall Street’s main indexes slipped into correction territory minutes after the open on Thursday as the rapid spread of the coronavirus outside China deepened worries...
China’s top container ports unclog backlog as virus curbs ease
China’s top container ports are loosening the backlog of cargoes on their docks as workers return to their posts after coronavirus travel curbs that kept...
Futures slump on alarm over fast-spreading virus
U.S. stock index futures dropped more than 1% on Thursday as investors stayed away from making riskier bets after the rapid spread of the coronavirus...
Oil prices fall for fifth day to lowest in a year
Oil prices fell nearly 3% on Thursday, plunging for a fifth day to their lowest since January 2019 as a rise in new coronavirus cases...
Taxi group wins right to join Uber’s London license appeal case
A taxi trade association will be able to participate in Uber’s appeal against the loss of its operating license in the British capital city set...
Too white, too male: Fed takes on diversity one bank board member at a time
The Federal Reserve, long criticized for being too white and male, crossed a substantial milestone last year: for the first time in its 107-year history,...