February 14, 2020

Wall Street Week Ahead: Investors bet emerging markets will weather coronavirus impact

Investors are edging back into emerging markets, even though worries about the coronavirus’ impact on global economic growth have clouded prospects for the boom-and-bust asset class. […]
February 14, 2020

Bridgewater, Viking among big hedge funds that added Tesla in fourth quarter before rally

Billionaire Ray Dalio’s Bridgewater Associates, Viking Global Investors, and Granite Point Capital were among prominent hedge funds placing new bets on electric carmaker Tesla Inc in […]
February 14, 2020

Saks Fifth Avenue plans expansion into bankrupt Barneys shop in Los Angeles

Luxury department store operator Saks Fifth Avenue, owned by Canada’s Hudson’s Bay Co , is expanding into bankrupt fashion chain Barneys’ Beverly Hills shop, people familiar […]
February 14, 2020

Stocks dip as virus impact weighed, oil gains for the week

Major world stock indexes edged lower on Friday as investors further assessed the economic fallout of China’s coronavirus outbreak, while oil prices registered their first weekly […]
February 14, 2020

Google protests ‘eye-catching’ $2.6 billion EU fine, judge disagrees

Google on Friday attacked what it called an eye-catching 2.4 billion euro ($2.6 billion) EU antitrust fine, prompting a judge to ask how a rich company […]
February 14, 2020

Volkswagen offers 830 million euros to compensate German buyers

Volkswagen said it will compensate owners of its heavily polluting diesel vehicles in Germany in a settlement that will cost the German carmaker 830 million euros. […]
February 14, 2020

United won’t fly 737 MAX until after summer amid new approval delays

United Airlines Holdings Inc extended on Friday the cancellation of Boeing 737 MAX flights until early September, a fresh delay that comes as sources told Reuters […]
February 14, 2020

Wall Street slips as coronavirus dampens optimism

Wall Street edged lower on Friday as uncertainties surrounding the coronavirus epidemic and downbeat economic data put a damper on investor sentiment. Powered by WPeMatico
February 14, 2020

Exclusive: Venezuela’s PDVSA steps up fuel shipments to Cuba as shortages bite

Venezuela’s state energy firm PDVSA has been shipping more oil this month to close ally Cuba, as tighter U.S. sanctions have worsened fuel shortages on the […]
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