Investment advisers worry U.S. response to coronavirus is too little too late
Investment-advisers are increasingly worried that U.S. authorities are not be doing enough to prevent a widespread outbreak of coronavirus in the country, potentially adding further downside to already-battered markets.
Main Street leans toward Sanders, but Wall Street says Trump
Vermont Senator Bernie Sanders may be surging in the polls ahead of Super Tuesday, but some on Wall Street have made their own conclusions on what November will bring: four more years of President Donald Trump.
Geneva car show canceled due to corona woes
The Geneva car show that was set to begin next week has been canceled, organizers Palexpo said on Friday, blaming Swiss government heath measures designed to contain coronavirus.
Aramco secures unconditional EU okay for $69 billion SABIC deal
World No. 1 oil producer Saudi Aramco has gained unconditional EU antitrust approval for its $69 billion bid for a 70% stake in petrochemicals group Saudi Basic Industries Corp (SABIC), according to an EU filing.
London jury clears former Barclays executives after fraud trial
Three former Barclays executives were acquitted in London on Friday of charges they helped funnel 322 million pounds ($418 million) in secret fees to Qatar in return for rescue financing during the credit crisis.
Geneva car show axed as Swiss ban large events to fight virus
Switzerland on Friday banned large events expected to draw more than 1,000 people as an extraordinary measure to curb the new coronavirus epidemic, forcing cancellation of the Geneva car show next week.
London Stock Exchange on track to close Refinitiv deal as clearing jumps
– The London Stock Exchange Group said on Friday it would complete its $27 billion takeover of analytics company Refinitiv on time this year as it reported a rise in annual income driven by a jump in clearing activity.
Chinese maker of ‘Amazon coat’ weathers coronavirus impact with tax breaks, rent waivers
Orolay, the maker of the ‘Amazon coat’ that became a darling of U.S. fashion and social media a year ago, knows it is luckier than most Chinese small businesses trying to get back on their feet amid huge disruptions caused by the coronavirus epidemic.
Revival gives Rolls-Royce confidence despite coronavirus
Rolls-Royce has got to grips with a long-running engine problem and enjoyed a strong end to 2019, leaving it well placed to cope with any disruption caused by the coronavirus outbreak, it said on Friday.
China’s big airlines resume some global flights halted by coronavirus
China’s three biggest airlines have restored a fraction of the international flights they halted in the wake of a coronavirus outbreak, heeding a call from the aviation regulator as business activity recovers slowly.
