February 3, 2020

Global stocks at seven-week lows as virus fears hit China after holiday

A gauge of global stocks was near seven-week lows on Monday as Asian stocks plunged on their first trading day after a long break, amid fears […]
February 3, 2020

Huawei, Chinese chip makers keep factories humming despite virus outbreak

Some technology firms in China have maintained operations to manufacture parts and products despite government calls in various cities and provinces for companies to halt work […]
February 3, 2020

Oil wavers as coronavirus hits demand and OPEC+ considers deeper cuts

Oil prices were little changed in the face of conflicting signals on Monday, with demand concerns resulting from the coronavirus outbreak countered by the possibility of […]
February 3, 2020

OPEC+ considering further 500,000 bpd oil output cut: sources

OPEC and its allies are considering cutting their oil output by a further 500,000 barrels per day (bpd) due to the impact on oil demand from […]
February 3, 2020

Worldline’s $8.7 billion Ingenico deal to create European payments leader

Payments company Worldline agreed on Monday to buy French rival Ingenico in a 7.8 billion euros ($8.7 billion) deal to create a new European leader in […]
February 3, 2020

Australia’s Westpac hit with second U.S. class-action

Investor rights law firm Bernstein Liebhard has filed a class-action suit against Australia’s No. 2 lender, Westpac Banking Corp , accusing it of failing to monitor […]
February 3, 2020

Convicted former WorldCom CEO Ebbers dead at 78

Bernard Ebbers, the former WorldCom Inc chief executive convicted in one of the largest U.S. accounting scandals, died on Sunday, his family said in a statement. […]
February 3, 2020

Virus worries wipe $420 billion off China’s stock market

Investors erased $420 billion from China’s benchmark stock index on Monday, sold the yuan and dumped commodities as fears about the spreading coronavirus and its economic […]
February 3, 2020

Huawei, Chinese chip makers keep factories humming despite coronavirus outbreak

Some Chinese technology firms are continuing to manufacture parts and products despite government calls across various cities and provinces for work to be halted as Being […]
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