January 24, 2020

Oil falls below $62, heads for weekly loss on China virus concerns

Oil slipped below $62 a barrel on Friday and was heading for a weekly decline as concern that a virus in China may spread, curbing travel […]
January 24, 2020

SoftBank-backed CloudMinds slashes workforce amid cash burn: sources

SoftBank-backed cloud robotics and artificial intelligence startup CloudMinds is slashing its workforce as it burns through cash after repeated attempts to list on the stock market, […]
January 24, 2020

Ericsson hit by higher 5G costs and weaker U.S. market

Sweden’s Ericsson reported a smaller-than-expected rise in fourth-quarter core earnings on Friday and said higher costs would spill over into 2020 as the telecoms equipment maker […]
January 24, 2020

European stocks shrug off coronavirus fears

European shares on Friday shrugged off worries over the coronavirus outbreak after the World Health Organisation designated it an emergency for China but not yet for […]
January 24, 2020

Bayer Shares up 2.3% on report about possible glyphosate settlement

Shares in seeds and pesticides maker Bayer opened 2.3% higher on Friday, driven by a report on a possible out-of-court settlement of a U.S. jury trial […]
January 24, 2020

Bayer faces fourth U.S. Roundup cancer trial in Monsanto home court

Bayer AG is set to face a fourth U.S. jury trial over allegations that its popular weed killer Roundup causes cancer, with four cancer patients in […]
January 24, 2020

Euro near seven-week lows before PMI data release

The euro held near seven-week lows on Friday after the European Central Bank struck a more dovish tone at Thursday’s meeting than some had expected. Powered […]
January 24, 2020

Italy watchdog launches non-compliance proceedings against Facebook

Italy’s competition watchdog has launched proceedings against Facebook for non-compliance with a previous request it had made regarding improper commercial practices in the group’s treatment of […]
January 24, 2020

Oil rises, but potential impact of China virus on fuel demand haunts market

Oil prices climbed on Friday, following a drawdown in U.S. crude stocks, but were set to fall heavily for the week amid worries that a new […]
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