February 27, 2020

Tesla shares slump as coronavirus hits China car registrations

Shares of Tesla Inc fell as much as 14% on Thursday on concerns about the impact of the coronavirus on the electric-car maker’s vehicle registrations in […]
February 27, 2020

U.S. economy grows steadily in fourth-quarter, but coronavirus looms large

The U.S. economy grew moderately in the fourth quarter, the government confirmed, and is facing a bumpy road in early 2020 amid the fast-spreading coronavirus that […]
February 27, 2020

DoorDash files to go public in latest IPO test for unprofitable startups

DoorDash Inc, the loss-making U.S. food delivery startup backed by SoftBank Group Corp , said on Thursday it has filed for an initial public offering (IPO), […]
February 27, 2020

Oil prices dive to lowest in over a year as virus fears grow

Oil prices fell for a fifth straight day on Thursday, plunging to their lowest levels since January 2019 as more new coronavirus cases outside China fanned […]
February 27, 2020

Wall Street hammered by coronavirus anxiety; briefly confirms correction

Wall Street’s main indexes tumbled nearly 2% on Thursday and confirmed a correction that began last week, as the rapid spread of the coronavirus outside China […]
February 27, 2020

Starbucks’ CEO says 85% of stores in China are open

Starbucks Corp said on Thursday 85% of its stores in China were open, weeks after the coffee chain shut nearly half of its over 4,000 stores […]
February 27, 2020

U.S. pending home sales jump 5.2% in January

Contracts to buy previously owned U.S. homes rebounded in January to their second-highest monthly figure in about two years as low mortgage rates boosted sales. Powered […]
February 27, 2020

Instant View: U.S. stocks confirm correction on pandemic fears

Wall Street’s main indexes tumbled on Thursday, putting them more than 10% below record highs set earlier this month and indicating that they then entered an […]
February 27, 2020

Cargill bans international travel for staff amid coronavirus outbreak

International grains trader and processor Cargill Inc has banned all non-essential travel for its employees for the next two weeks due to the coronavirus outbreak, company […]
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