February 25, 2020

Oil slips for 3rd day as virus fears outweigh supply cuts

Oil slipped towards $56 a barrel on Tuesday, falling for a third day, as concerns about the spread of the coronavirus and its impact on oil […]
February 25, 2020

Goldman, Citi among banks curbing Italy trips over coronavirus fears

Goldman Sachs , Citigroup Inc , Credit Suisse and other investment banks have curbed trips to Italy amid fears that the coronavirus outbreak across the north […]
February 25, 2020

Wall Street deepens losses with virus spread in focus

Wall Street added to losses on Tuesday with its three major stock indexes falling 1%, after officials said the coronavirus was “a rapidly escalating epidemic,” a […]
February 25, 2020

U.S. consumer confidence holds at higher levels despite coronavirus

U.S. consumer confidence edged up in February, suggesting a steady pace of consumer spending that could support the economy despite growing fears over the fast-spreading coronavirus, […]
February 25, 2020

Thomson Reuters names new CEO, earnings top estimates

Thomson Reuters Corp said on Tuesday it had appointed former Nielsen Holdings Plc president Steve Hasker as its new chief executive officer, succeeding Jim Smith. Powered […]
February 25, 2020

Disney to serve Impossible Foods burgers at parks, resorts

Walt Disney Co’s theme parks, resorts and cruise line will serve Impossible Foods’ plant-based meat burgers, the companies said on Tuesday, a new win for the […]
February 25, 2020

Eight men in frame to run Norway wealth fund, including deputy CEO

Eight candidates have applied to head Norway’s sovereign wealth fund, the country’s central bank said on Tuesday, as its board prepares to decide who should steer […]
February 25, 2020

Macy’s results beat forecasts on holiday sales lift

Department store chain Macy’s Inc on Tuesday reported a small drop in sales and profit that topped analysts’ expectations with the help of an uptick in […]
February 25, 2020

U.S. labor board limits companies’ liability for franchisee labor-law violations

A U.S. labor board on Tuesday finalized a rule that will make it more difficult to hold companies liable for unlawful labor practices by franchisees and […]
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