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Kuwait to check visiting ships for coronavirus, evacuate citizens from Thailand

Kuwait will check visiting ships for the new coronavirus before allowing them to dock and require crew members to stay on board as part of measures to prevent the spread of the disease, state news agency KUNA said.



5 years ago

SoftBank communications chief Gary Ginsberg takes leave to aid Bloomberg campaign: sources

Gary Ginsberg, the global head of communications for SoftBank Group Corp , has taken an indefinite leave of absence to advise Michael Bloomberg's U.S. presidential campaign, people familiar with the matter said on Friday.



5 years ago

GM to add 1,200 jobs at Michigan plants to meet SUV demand

No. 1 U.S. automaker General Motors Co said on Friday it plans to add more than 1,200 jobs at its Lansing plants in Michigan to meet growing demand for its SUVs.



5 years ago

Oil prices sink to lowest in more than a year

Oil prices slumped for a sixth day in a row on Friday to their lowest in more than a year, set for their steepest weekly fall since 2016 as the global spread of the coronavirus stokes demand fears.



5 years ago

Consumer spending, inflation cool; spotlight on Fed amid coronavirus outbreak

U.S. consumer spending slowed in January and could lose further momentum as the fast-spreading coronavirus outbreak, which has sparked a stock market sell-off and revived fears of a recession, causes households to tighten their purse strings.



5 years ago

Italy's Alitalia reduces flights on 38 routes as coronavirus deters passengers

Italy's flagship carrier Alitalia said on Friday it was reducing flights on 38 national and international routes because coronavirus was leading to fewer passengers.



5 years ago

This corner of Wall Street is making a mint for JPMorgan and Goldman as the stock market tanks

The action echoed the so-called "volpocalypse" of February 2018, when calm in markets was shattered with an historic surge in volatility.

5 years ago

Cooling consumer spending, inflation put spotlight on Fed amid coronavirus

U.S. consumer spending slowed in January and could lose further momentum as the fast-spreading coronavirus outbreak, which has sparked a stock market sell-off and revived fears of a recession, causes households to tighten their purse strings.



5 years ago

Wall Street losses broaden with no clarity on coronavirus impact

Wall Street's main indexes tumbled for the seventh straight day and were on track for their biggest weekly dip since the 2008 global financial crisis on worries the fast-spreading coronavirus could lead to a recession.



5 years ago

Stock markets melt on coronavirus fears, U.S. Treasury yields hit fresh lows

Coronavirus panic sent world stock markets tumbling again on Friday, putting them on course for their largest weekly fall since the 2008 global financial crisis, with over $5 trillion wiped from global market value so far this week.



5 years ago

Think the S&P 500 is in bad shape? Its components look worse

Wall Street's worst week since 2008, sparked by fears about the fast-spreading coronavirus, has left almost half of the S&P 500's stocks in bear market territory, just nine days after the leading benchmark closed at a record high.



5 years ago

Volkswagen, accordo da 830 mln euro con consumatori per scandalo diesel

Volkswagen e una delle maggiori organizzazioni tedesche di consumatori hanno annunciato di aver raggiunto un accordo da 830 milioni di euro nell'ambito della class action per i test sulle emissioni diesel truccati.



5 years ago

Factbox: Airlines suspend flights due to coronavirus outbreak

Airlines have been suspending flights or modifying service in response to the coronavirus outbreak.



5 years ago

Cramer says Apple's stock may not be done falling in coronavirus-driven plunge

CNBC's Jim Cramer said Friday cautioned retail investors against going all in on Apple's coronavirus-driven pullback.

5 years ago

Harley-Davidson CEO Matthew Levatich steps down

Harley-Davidson Inc said on Friday Matthew Levatich has stepped down as chief executive officer and the motorcycle maker named Jochen Zeitz as the interim CEO.



5 years ago