February 24, 2020

United Airlines suspends 2020 guidance on coronavirus uncertainty

United Airlines Inc on Monday withdrew its full-year 2020 guidance, citing heightened uncertainty over how the duration and spread of the coronavirus to other regions could […]
February 24, 2020

Mastercard says coronavirus to hit first-quarter revenue

Mastercard Inc said on Monday its net revenue in the first quarter will take a hit of between 2% and 3% over its previous forecast if […]
February 24, 2020

Asian shares lead global rout, bonds bet on rate cuts

Asian share markets were heading south on Tuesday amid fears the coronavirus was rapidly mutating into a pandemic that could cripple global supply chains and wreak […]
February 24, 2020

U.S. safety board to issue new recommendations in probe of fatal Tesla Autopilot crash

The National Transportation Safety Board will hold a public hearing on Tuesday to establish the probable cause of a fatal March 2018 Tesla Autopilot crash in […]
February 24, 2020

U.S. still eyeing ways to curb sales to Huawei after Trump’s chipmaker comments: sources

U.S. government officials are still considering ways to further curb sales to China’s Huawei Technologies [HWT.UL], despite President Donald Trump’s tweets and comments last week in […]
February 24, 2020

Europe’s top firms must double low-carbon investment: study

Europe’s top companies need to more than double their current level of spending on low-carbon projects to meet the European Commission’s flagship goal of ‘climate neutrality’ […]
February 24, 2020

Citi, Credit Suisse among banks curbing Italy trips on coronavirus fears: sources

Investment banks including Citigroup Inc , Credit Suisse and Nomura Holdings Inc have curbed trips to Italy on fears that the coronavirus outbreak across the north […]
February 24, 2020

Markets bet Fed is pushed to cut rates in coronavirus response

Financial markets on Monday ratcheted up bets the U.S. Federal Reserve will be pressed to cut interest rates to cushion a feared hit to economic growth […]
February 24, 2020

Fed’s Mester sees U.S. economy performing well, coronavirus a ‘big risk’

The U.S. economy should continue to perform well this year and monetary policy is currently well positioned despite the risk posed by the coronavirus outbreak, Cleveland […]
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