January 21, 2020

S&P 500 loses ground amid China virus outbreak, growth fears

The benchmark S&P 500 slipped on Tuesday as worries about the fallout from a deadly virus outbreak in China and a gloomy growth outlook from the […]
January 21, 2020

Risk assets dragged lower by Chinese virus anxiety

Risk assets took a hit across the globe on Tuesday while the Japanese yen and some developed country bond prices gained as financial markets reacted to […]
January 21, 2020

Britain’s Sainsbury’s to cut hundreds of management jobs

Britain’s Sainsbury’s plans to cut hundreds of management jobs as it seeks to bring its main supermarket operation and its Argos general merchandise arm closer together, […]
January 21, 2020

Halliburton takes $2.2 billion charge on shale slump

U.S. oilfield services firm Halliburton Co. on Tuesday disclosed a $2.2 billion charge to earnings as weakening North American shale activity continued to hit the industry. […]
January 21, 2020

KFC apologizes for ‘sexist’ Australian ad

KFC on Tuesday apologized for an advertisement in Australia that shows two boys ogling a woman’s breasts, after calls from a local campaign group to boycott […]
January 21, 2020

Aramco IPO proceeds to fund Saudi industry, including defense: finance minister

Saudi Arabia will pump the proceeds from last month’s listing of oil giant Saudi Aramco into the local economy over several years, including building up the […]
January 21, 2020

Futures lower as China virus outbreak, growth worries sour mood

U.S. stock index futures followed Asian and European markets lower on Tuesday as worries about the fallout from a deadly virus outbreak in China and a […]
January 21, 2020

Starbucks eyes plant-based food, reusable packaging in latest sustainability push

Starbucks Corp aims to add more plant-based food and drinks to its menu, make its packaging reusable and invest in better waste-management, CEO Kevin Johnson said […]
January 21, 2020

EU decision on LSE-Refinitiv deal expected in a few months: LSE director

European competition authorities are expected to rule on the London Stock Exchange’s $27 billion takeover of data and analytics company Refinitiv “around the summer”, an LSE […]
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