Global stocks and commodity markets extended a tentative recovery from their coronavirus slump on Tuesday, as global policymakers signaled a united front to address the economic fallout from the spreading outbreak.
Swiss chocolate maker Lindt & Spruengli on Tuesday proposed a sweeter payout to shareholders, increasing its dividend by 75% to mark its 175th anniversary.
Global stocks and oil prices extended gains on Tuesday as policymakers indicated their willingness to help ease the economic fallout from the coronavirus, while worries about the outcome of a call by Group of Seven heads kept a lid on gains.
Apple supplier Foxconn said it would resume normal production in China by the end of the month and that more than half its seasonal workforce in the country had restarted work following the coronavirus outbreak.
Swiss Re said it will nominate UBS Group Chief Executive Sergio Ermotti to be its next chairman, the Swiss reinsurer said on Tuesday.
Switzerland's Lindt & Spruengli proposed a sweeter payout to shareholders on Tuesday with a proposal to increase its divided by 75% to mark its 175th anniversary, the chocolate maker said on Tuesday.
U.S. printer maker Xerox Holdings Corp took its $35 billion bid for HP Inc to the U.S. personal computer maker's shareholders on Monday, with a formal tender offer and a rebuttal to HP's account of why they could not negotiate a deal.
Global shares and oil prices extended their rebound on Tuesday as policymakers indicated their willingness to move to ease the economic fallout from the coronavirus, while investors waited for a conference call by Group of Seven heads for trading cues.
It's OK to panic; just don't act on it, says financial psychologist Brad Klonz. Here are his techniques to stop emotions from ruling your financial life.
Asian shares struggled to find footing on Wednesday and bonds held stunning gains, as an emergency rate cut from the U.S. Federal Reserve seemed to stoke rather than soothe fears over the coronavirus' widening global economic fallout.
As companies in China gradually restart business following the extended Lunar New Year break, investors are fretting over the financial impact of the coronavirus outbreak that has squeezed cash flow and hammered revenues in many sectors.
SoftBank-backed startup CloudMinds has been blocked from sharing U.S.-origin technology with its China business, documents showed, illustrating how increased U.S. government restrictions are creating new headaches for tech firms and their investors.
Oil prices rose more than 1% on Wednesday on expectations that major producers have moved closer to an agreement to enact deeper output cuts aimed at offsetting the slump in demand caused by the coronavirus outbreak.
Asian shares wobbled on Wednesday and bonds held gains, as an emergency rate cut from the U.S. Federal Reserve did little to soothe investor fears over the coronavirus's widening fallout.
The coronavirus outbreak will likely have only a "short-lived imprint" on the U.S. economy, Chicago Federal Reserve bank President Charles Evans said on Tuesday night.