February 27, 2020

Europe looking for positive signal from U.S. on trade: EU lawmaker

The European Union hopes to de-escalate trade tensions with the United States but wants Washington to lower steel tariffs or make another goodwill gesture after a […]
February 27, 2020

Thyssenkrupp sells elevator unit for $18.7 billion to Advent, Cinven consortium

By Christoph Steitz, Edward Taylor, Matthias Inverardi and Tom Käckenhoff Powered by WPeMatico
February 27, 2020

Fed seen cutting rates amid virus threat, low inflation

The Federal Reserve may need to move aggressively to cut borrowing costs to cushion the economy from the effects of the rapid spread of the new […]
February 27, 2020

Investment advisors worry U.S. response to coronavirus is too little too late

Investment-advisors are increasingly worried that U.S. authorities are not be doing enough to prevent a widespread outbreak of coronavirus in the country, potentially adding further downside […]
February 27, 2020

SEC orders Wells Fargo pay $35 million for recommendations of high-risk products

The U.S. Securities and Exchange Commission said on Thursday it ordered Wells Fargo & Co to pay $35 million to settle charges it failed to adequately […]
February 27, 2020

Facebook to publicly track political sponsored content after Bloomberg’s paid memes

Facebook Inc will provide a way for people to track political sponsored content on Facebook and Instagram ahead of the U.S. presidential election, it said on […]
February 27, 2020

After Bloomberg memes, Facebook will publicly track political sponsored content

Facebook Inc will provide a way for people to track political sponsored content on Facebook and Instagram ahead of the U.S. presidential election, it said on […]
February 27, 2020

Coronavirus fear grips stocks, oil; Treasury yields touch record low

Stocks across the globe and oil prices continued to tumble on Thursday and U.S. Treasury yields hit record lows as traders fretted over the economic impact […]
February 27, 2020

Oil prices dive to lowest in over a year on coronavirus fears

Oil prices tumbled for a fifth day on Thursday to their lowest in more than a year, as further novel coronavirus cases outside China fanned fears […]
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