Oil rises on short-covering despite growing fears over coronavirus
Crude prices edged up on Wednesday as investors covered short positions after three sessions of losses, even as fears deepened that the rapid spread of...
AI computing startup SambaNova raises $250 million in BlackRock-led funding
Artificial intelligence computing firm SambaNova Systems said on Tuesday it has raised $250 million in a funding round led by BlackRock Inc to expand its...
Mattel receives SEC subpoena on whistleblower letter
Mattel Inc had received a subpoena in December from the U.S. Securities and Exchange Commission seeking documents related to a whistleblower letter and subsequent investigation,...
Liberian former IMF Africa chief named as deputy managing director
International Monetary Fund Managing Director Kristalina Georgieva on Tuesday nominated former IMF official Antoinette Sayeh to become a deputy managing director at the Fund....
Economic contagion spreads beyond China to other Asian economies: Reuters poll
The effects of the coronavirus outbreak are likely to reverberate beyond China as most major economies in the region are expected to either slow down...
Musk’s SpaceX rocket production facility approved by Port of Los Angeles
SpaceX, the private rocket company of high tech entrepreneur Elon Musk, won final approval on Tuesday to build a research and manufacturing plant for its...
U.S. airlines, hotels extend rebooking options as coronavirus spreads
U.S. airlines and hotels are extending options for customers to rebook travel to a growing list of countries, including Italy, as coronavirus cases spiked outside...
Liberian former IMF official named as deputy managing director
International Monetary Fund Managing Director Kristalina Georgieva on Tuesday nominated former IMF official Antoinette Sayeh to become a deputy managing director at the Fund....
Fed’s Kaplan says unclear right now if coronavirus calls for U.S. rate change: WSJ
Federal Reserve Bank of Dallas President Robert Kaplan said on Tuesday events are still too fluid around the coronavirus outbreak to say the U.S. central...
U.S. trade rep Lighthizer to meet British counterpart as allies gear up for talks
U.S. Trade Representative Robert Lighthizer will meet with Britain’s trade minister Liz Truss this week, British government officials said on Tuesday, as the two allies...