Deere & Co reports unexpected rise in quarterly profits
Deere & Co on Friday reported an unexpected rise in profits in the first quarter, helped by early signs of stabilization in the U.S. farm...
Daimler warns of “significant adverse effects” of virus outbreak
German luxury carmaker Daimler on Friday warned of risks for the economy and its own business from the outbreak of coronavirus that is spreading in...
Stocks head for worst week in four as coronavirus spreads
Shares across the world fell on Friday and were set for their worst week in four as investors dumped riskier assets for the safety of...
Tod’s sees Coronavirus hit after ‘excellent’ start to 2020, pickup in six weeks
Italian luxury leather goods maker Tod’s made an “excellent” start to 2020 before the coronavirus hit sales but the situation could start to improve in...
China firms in $10 billion share sale rush as funding rules eased amid virus worries
Listed Chinese companies are queuing up to issue shares and have already announced plans to raise more than $10 billion in the past week after...
Oil falls 1% as spreading virus compounds concerns over demand hit
Oil prices fell around 1% on Friday, pressured by growing worries about fuel demand as a coronavirus epidemic spread further beyond China, and as major...
UniCredit shares fall at open after report Mustier vying for HSBC top job
Shares in Italy’s biggest bank UniCredit fell more than 1% at open on Friday following reports Chief Executive Jean Pierre Mustier is being considered for...
Global central bankers scour shopping malls, manufacturers for coronavirus playbook
In the days after a new virus was identified in China on Dec. 31, global central bankers fell back on past experience for a comforting...
Asian funds seek a sheltered shore in U.S. assets
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....
Oil falls as coronavirus spread beyond China heightens demand fears
Oil prices fell on Friday amid concerns over fuel demand as the coronavirus epidemic spread further beyond China, while major crude producers stood pat on...