By Sruthi Shankar (Reuters) – European shares slumped on Monday, with the benchmark STOXX 600 in…
Day: March 9, 2020
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…