Stocks, oil prices skid as China virus fears drive investors to safe havens
Shares 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.
Business survey suggests U.S. labor market may have peaked
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 …
Oil extends declines as fears grow over China virus
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.
Shares, oil slide as China virus fears intensify; yen, Treasuries in 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 skid 2%, extending slide as China virus spreads
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.
Exclusive: Regulator probes board role in Credit Suisse spying scandal – sources
The Credit Suisse spying debacle risks tipping the bank into a crisis that could engulf its top executives.
Stocks drop as new coronavirus fears escalate
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.
U.S. stock futures fall more than 1 percent as coronavirus fears spread
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.
U.S. state AGs, Justice Department officials to meet and coordinate on Google probe: sources
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 b…
WeWork inks office space deal with SoftBank-backed Gympass: sources
WeWork has signed a deal to provide space to 250 employees of gym membership app company Gympass 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, peop…