SoftBank CEO tells U.S. investors he’ll be more careful
((This March 2 story removes incorrect reference to Sprint as a Vision Fund investment))
Oil extends gains as hopes of stimulus, OPEC cuts offset virus
Oil prices rose for a second day on Tuesday on expectations that central banks are likely to enact financial stimulus to offset the impacts of the coronavirus outbreak and growing optimism that OPEC will order deeper output cuts this week.
Global shares extend rebound on hopes of G7 support
Global shares and oil prices extended their rebound on Tuesday on mounting speculation policymakers around the world would move to ease the economic fallout from the spreading coronavirus, ahead of a conference call by Group of Seven heads.
Tencent extends warranty for Nintendo Switches in China as virus hits sales
Chinese tech giant Tencent said on Tuesday it would extend warranty for Nintendo Switches purchased in China via official channels before March 31 by six months as sales have been hit by the coronavirus outbreak.
Musk tweets support for Dorsey remaining as Twitter CEO
Elon Musk said late on Monday he supported Jack Dorsey remaining as Twitter Inc’s chief executive officer, two days after reports that activist investor Elliott Management Corp has pushed for his removal from the role.
Facebook pulls out of South by Southwest festival over coronavirus fears
Facebook Inc is pulling out of this year’s South by Southwest (SXSW) music and tech festival over growing concerns about the coronavirus outbreak, a spokesperson for the company said on Monday.
Oil rises a second day as stimulus hopes, expected OPEC cuts offset virus
Oil prices rose for a second day on Tuesday on expectations that central banks are likely to enact financial stimulus to offset the impacts of the coronavirus outbreak and growing optimism that OPEC will order deeper output cuts this week.
GFL raises $1.4 billion in IPO amid volatile markets
GFL Environmental Inc on Monday raised about $1.4 billion in its initial public offering, pricing it below the target range in a conservative step to ride out market volatility in the wake of the coronavirus outbreak.
Global shares extend rebound on policy action hopes
Global shares and oil prices extended their rebound on Tuesday on mounting speculation policymakers around the world would move to ease the economic fallout from the spreading coronavirus.
Top central banks appear primed to act to combat coronavirus risk
The world’s top three central banks look set to take steps to limit the economic damage from the fast-spreading coronavirus, with the heads of the European Central Bank and Bank of Japan issuing emergency statements on Monday that echoed one from U.S. …
