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United Airlines Holdings Inc said on Tuesday it was suspending some flights between the United States and Beijing, Hong Kong and Shanghai between Feb. 1 and Feb. 8 due to a "significant decline in demand" as the new coronavirus spreads.

NEW YORK - A dramatic rally in Treasuries this week led some key parts of the U.S. yield curve to reinvert, a signal that has traditionally been bearish for the U.S. economy.

Oil futures fell for a sixth session on Tuesday as the spread of a new virus in China and several countries raised concerns about a hit to economic growth and oil demand.

Facebook Inc and other global companies including LG Electronics Inc and Standard Chartered Plc are restricting travel to China, as the death toll from a flu-like virus rose above 100 on Tuesday.

Asian stocks took a battering on Tuesday as the death toll from a virus in China climbed, leaving investors fretting over the widening economic fallout from the outbreak and lifting bonds on expectations central banks would need to keep stimulus flowing.

European planemaker Airbus SE said on Tuesday that it has agreed to reach a settlement with French, British and U.S. authorities regarding a probe into allegations of bribery and corruption.

French consulting and IT services provider Capgemini succeeded in securing more than half of the capital of smaller rival Altran Technologies, the French market regulator AMF said on Monday, marking a win against U.S. activist fund Elliott.

U.S. motorists drove less in November than year earlier    Mon, 27 Jan 2020 13:06:02 -0500
U.S. motorists traveled fewer miles in November than a year earlier, the U.S. Department of Transportation said in a report on Monday.

The Credit Suisse spying debacle risks tipping the bank into a crisis that could engulf its top executives.

There is an even balance in the share of U.S. businesses reporting decreases and increases in employment for the first time in a decade, a survey showed on Monday, the latest suggestion that the labor market has likely peaked and job growth could slow this year.

Fashion retailer H&M said on Saturday that data security breaches found at its German unit were unacceptable and it was cooperating with the local data protection supervisory authority in its investigation into the matter.

The EU plans to adopt more protectionist antitrust rules and encourage businesses to share data as part of an industrial policy overhaul aimed at giving European companies a sharper edge in global markets, a strategy document seen by Reuters shows.

Walmart testing higher minimum wage for some employees    Sat, 25 Jan 2020 12:49:23 -0500
Walmart Inc is testing a higher starting wage for certain newly created jobs in about 500 U.S. stores, as it looks to improve in-store experience for customers amid intense competition.

Food company Nestle SA said on Friday it has teamed up with small Canadian plant-based food ingredient makers Burcon and Merit Functional Foods, the second such supply agreement this month that targets Canadian crops.

U.S. stocks fell on Friday, as investors were cautious heading into the weekend amid renewed concerns over the fallout of a coronavirus outbreak from China.

The trillion-dollar market cap club expanded last week to a third U.S. company, with Google parent Alphabet Inc topping the lofty valuation mark. Adding the next member, however, is likely to take a while.

Remaining hurdles for scandal-hit Wells Fargo    Fri, 24 Jan 2020 13:45:29 -0500
Wells Fargo & Co and its officials have racked up well over $4 billion (3 billion pounds) in penalties since a sales practices scandal erupted in 2016, and continues to face headwinds.

U.S. President Donald Trump will sign a trade pact between the United States, Mexico and Canada on Wednesday during a ceremony at the White House, an administration official told Reuters on Thursday.

Shares in Bayer were up 6.3% in premarket trade at broker Lang & Schwarz on Friday, driven by a report on a possible out of court settlement of a U.S. jury trial over allegations that its weed killer Roundup causes cancer.

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 the hometown of its agricultural subsidiary Monsanto scheduled to make their case beginning on Friday.

Swedish telecoms equipment group Ericsson reported a smaller than expected rise in fourth-quarter core earnings on Friday and said the quarter, seasonally its best, had nevertheless been hit by a slowdown in its previously surging U.S. business and higher costs.

Coronavirus fears weigh on global equity markets    Thu, 23 Jan 2020 13:29:47 -0500
The biggest tumble in Chinese stocks in more than eight months led global equity markets lower on Thursday as concern mounted about the coronavirus outbreak in China.

French prosecutors investigating a party that former Renault-Nissan boss Carlos Ghosn threw for his wife at the sumptuous Versailles palace will in the next few weeks ask judges to examine the case, bringing a prosecution a step closer.

Wall Street hit by coronavirus concerns, weak earnings    Thu, 23 Jan 2020 13:59:59 -0500
U.S. stock indexes fell on Thursday, as mounting worries over a coronavirus outbreak in China and disappointing corporate earnings prompted investors to hit the brakes after a strong start to the year.

Asian shares tumbled on Thursday, led by the biggest slide in Chinese stocks in more than eight months, as investors grew more anxious about the spread of a new flu-like virus in China just as millions prepared to travel for the Lunar New Year.




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