European stocks plunge into bear market as oil crashes

By Sruthi Shankar (Reuters) – European shares slumped on Monday, with the benchmark STOXX 600 in…

Oil prices plunge by a third after Saudi Arabia launches output war

By Dmitry Zhdannikov LONDON (Reuters) – Oil prices lost as much as a third of their…

Apple sells fewer than 500,000 smartphones in China in February amid coronavirus

SHANGHAI (Reuters) – Apple sold fewer than half a million smartphones in China in February, government…

Investor fears rise over recession, bear market as coronavirus spreads in U.S.

By Megan Davies NEW YORK (Reuters) – The words “bear market” and “recession” are being used…

Business picks up pace in China, but global virus spread may slow recovery

By Muyu Xu and Gavin Maguire BEIJING/SINGAPORE (Reuters) – China’s business and travel activities are steadily…

Wells Fargo board chair Elizabeth Duke steps down

(Reuters) – Wells Fargo & Co <WFC.N> said on Monday Elizabeth Duke had resigned as the…

U.S. Treasury yields hit new lows, set for biggest falls in years

By Dhara Ranasinghe LONDON (Reuters) – U.S. 10-year Treasury yields slid to new record lows on…

China’s February new yuan loans seen falling but policy easing on track: Reuters poll

BEIJING (Reuters) – China’s new bank loans are expected to fall in February from a record…

Markets snapshot: Oil wreck, bear stocks, rouble trouble

LONDON (Reuters) – A massive oil price collapse overnight and the fast-spreading coronavirus has led to…

Swiss National Bank likely intervening to weaken franc, data show

By John Revill ZURICH (Reuters) – The Swiss National Bank is ramping up its market interventions…

Nordea expands travel ban to cover Iran, Italy, South Korea and Hokkaido

HELSINKI (Reuters) – Nordea <NDAFI.HE> has extended its earlier business travel ban for China and Singapore…

Tesco to return $6.6 billion to shareholders after sale of Thai, Malaysia assets

LONDON (Reuters) – Britain’s Tesco <TSCO.L> plans to return $6.6 billion to shareholders after agreeing to…