Oil falls for sixth day as China virus raises global growth, demand concerns
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.
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.
Renault's engineering boss will meet his counterpart at Nissan in Japan this week, two sources close to Renault said, as the carmakers seek to revive projects crucial to an alliance left reeling by the Carlos Ghosn affair.
The winner would face some key decisions that should be made before heading to lottery headquarters to claim their windfall, including whether to take the cash option or go with an annuity.
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Tesla Chief Executive Elon Musk sought to allay environmental concerns about the electric carmaker's planned factory in Germany, saying the plant would use less water than was estimated originally.
WeWork has signed a deal to provide space to 250 employees of gym membership app company Compass in New York, the latest example of the U.S. office-sharing start-up's majority owner, SoftBank Group Corp, using its connections to buoy its business, people familiar with the matter said on Sunday.
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U.S. state attorneys general will meet Justice Department attorneys next week to share information on their investigations into Alphabet Inc's Google, two sources familiar with the matter told Reuters on Sunday. The probes revolve around monopolistic behavior that may harm consumers through Google's control of online advertising markets and search traffic.
U.S. S&P500 e-mini futures fell more than 1% in Asian trade on Monday on mounting worries the new coronavirus outbreak could severely disrupt the Chinese economy, an engine of global growth.
The Credit Suisse spying debacle risks tipping the bank into a crisis that could engulf its top executives.
Shares slid on Monday as investors shunned equities on growing concerns over the scope of a China virus outbreak, with safe-haven assets such as the Japanese yen and Treasury notes in greater demand.
Stocks tumbled on Monday as investors grew increasingly anxious about the economic impact of China's spreading virus outbreak, with demand spiking for safe-haven assets such as the Japanese yen and Treasury notes.
Oil prices slumped a further 2% to multi-month lows on Monday as the rising number of cases of the new China virus and city lockdowns deepened concerns about demand for crude, even as Saudi Arabia's energy minister sought to calm the market.
Crude prices fell more than 2% to multi-month lows on Monday as the rising number of cases of the new coronavirus in China and city lockdowns there deepened concerns over oil demand, even as Saudi Arabia's energy minister sought to calm the market.
Starbucks has closed all shops and suspended delivery services in China's Hubei province for the week-long Lunar New Year holiday, where a coronavirus outbreak originated from its capital Wuhan has caused 41 deaths in China.