Oil prices slide as coronavirus spread beyond China raises demand worries
Oil prices fell on Friday with fears for fuel demand growing as the coronavirus epidemic that originated in China spread further beyond the country, while major crude producers stood pat on taking early action to cut output to support the market.
U.S. dollar, bonds get safe-haven rush as virus spreads
Asian shares were cast adrift on Friday as fears over the creeping spread of the coronavirus sent funds fleeing to the sheltered shores of U.S. assets, lofting the dollar to three-year highs.
T-Mobile, Sprint amend merger terms, SoftBank takes a hit
T-Mobile US and Sprint Corp said on Thursday that they had agreed on new merger terms that would reduce the stake of major Sprint shareholder SoftBank, while leaving the offer to other shareholders unchanged.
New Mexico AG sues Google for collecting school kids’ personal data
New Mexico Attorney General Hector Balderas on Thursday sued Alphabet Inc’s Google search engine, alleging that its educational software collects young students’ personal information without the required parental consent.
Branson targets younger cruise crowd with DJs, tattoos and yoga
British entrepreneur Richard Branson will unveil the “Scarlet Lady” on Friday, a 60,000 tonne cruise liner complete with a tattoo studio and yoga deck aimed at drawing in a younger generation of holiday-makers.
Outbreak will not change China’s commitments to buy U.S. goods: senior U.S. official
The U.S. government expects China to honor its commitments to buy more U.S. goods under a trade deal signed by the world’s two largest economies in January despite the fast-spreading coronavirus outbreak, a senior U.S. official said on Thursday.
Airbus investing up to 1 billion euros in A220 passenger jet program this year
Airbus SE plans to invest between 500 million euros and 1 billion euros ($539 million-$1.08 billion) this year on its A220 passenger jet program, Chief Executive Guillaume Faury said on Thursday at the company’s A220 factory in Mirabel, just outside …
Dropbox shares rise after upbeat results, share buyback plan
Dropbox Inc on Thursday reported a better-than-expected quarterly profit, raised its outlook for operating margin and announced a $600 million share buyback, sending its shares up 11% in trading after the bell.
T-Mobile, Sprint amend merger terms; to close deal as early as April 1
T- Mobile US and Sprint Corp said on Thursday that they had agreed on new merger terms and were looking to close the deal as early as April 1.
Airbus investing up to 1 billion euros on A220 passenger jet program this year
Airbus SE plans to invest between 500 million euros and 1 billion euros ($539 million-$1.08 billion) this year on its A220 passenger jet program, Chief Executive Guillaume Faury said on Thursday at the company’s A220 factory in Canada.
