Asia's factories took a heavy hit in February from the coronavirus outbreak with activity in China shrinking at a record pace, business surveys showed on Monday, adding to fears the crisis risks triggering a global recession.
Overseas travelers should always invest in a medical travel plan. With a potential coronavirus pandemic chilling the world travel market, here's how shop for coverage.
The Trump administration has announced new initiatives to crack down on the sale of Chinese counterfeit goods on e-commerce platforms. Some small firms say it won't be enough.
In many high-priced cities, communal housing is becoming more popular. As a lifestyle, co-living closely resembles college dorm life. And residents love it.
Despite more potential downside, the U.S. equity market is not in a bubble at all.
Japanese automaker Toyota plans to build a new electric vehicle plant in the Chinese city of Tianjin with its local partner FAW Group, a document from the local authorities showed.
American Airlines Inc will suspend all U.S. flights to Milan, the airline said late on Saturday, just hours after the U.S. State Department said it was raising its travel warning for parts of Italy due to the coronavirus outbreak.
Venezuela has named new vice presidents for four units of state oil company PDVSA, as well as a new president for the unit that handles joint ventures with private oil companies, PDVSA said on Saturday.
Hedge fund Elliott Management Corp has amassed a stake in Twitter Inc and is pushing for changes, including removal of the social media company's chief executive, Jack Dorsey, two people familiar with the matter said on Friday.
Goldman Sachs Group Inc's asset management unit has added to positions in travel stocks, including hotels and cruise lines, as well as Live Nation Entertainment Inc and Japanese cosmetics company Shiseido Co Ltd, executives said Friday.
Sanofi SA has agreed to pay $11.85 million to resolve U.S. allegations that it used a charity that helps cover Medicare patients' out-of-pocket drug costs as a means to pay them kickbacks to use a high-priced multiple sclerosis drug.
The airline industry could run into turbulence on Capitol Hill next week as a U.S. Congressional panel tackles passenger complaints about unpleasant airline experiences, holding a hearing that will include budget airline Spirit Airlines Inc and passenger advocates.
Coronavirus panic sent world stock markets tumbling again on Friday, with an index of global stocks setting its largest weekly fall since the 2008 global financial crisis, and over $5 trillion wiped from global market value this week.
The steep market drop triggered by the global coronavirus outbreak has led many companies to hit the 'pause' button on mergers and acquisitions (M&A), sabotaging the hopes of corporate advisers who expected a dealmaking bonanza this year.
Kuwait will check visiting ships for the new coronavirus before allowing them to dock and require crew members to stay on board as part of measures to prevent the spread of the disease, state news agency KUNA said.