Volkswagen e una delle maggiori organizzazioni tedesche di consumatori hanno annunciato di aver raggiunto un accordo da 830 milioni di euro nell'ambito della class action per i test sulle emissioni diesel truccati.
Airlines have been suspending flights or modifying service in response to the coronavirus outbreak.
CNBC's Jim Cramer said Friday cautioned retail investors against going all in on Apple's coronavirus-driven pullback.
Harley-Davidson Inc said on Friday Matthew Levatich has stepped down as chief executive officer and the motorcycle maker named Jochen Zeitz as the interim CEO.
This week's sharp stock sell-off helped activist short-seller Andrew Left profitably close a long-held bet against online retailer Wayfair on Friday.
Cratering markets are pushing global central banks to the point they all warned against and worried about, of an evolving global economic shock hitting at a time when their capacity to respond in force is in doubt even as investors hound them for action.
With the rapid global spread of the new coronavirus and the U.S. stock market suffering its worst week since the Great Recession, central bankers around the world are under rising pressure to reduce borrowing costs to create a cushion against economic harm. So far they have largely resisted. Following are some of their recent remarks:
Corona beer maker Constellation Brands Inc said on Friday sales of its Corona Extra beer remained strong in the United States in the four weeks to Feb. 16, amid the rapid global spread of the coronavirus.
"The best trade, at a minimum, is no trade," UBS senior portfolio manager Katz said.
The Trump administration on Friday said it would focus on concluding trade agreements with Britain, the European Union and Kenya over the coming year, while strictly enforcing trade laws and pushing for a broader reset of the World Trade Organization.
Oil prices tumbled for a fifth day on Thursday to their lowest since January 2019, as further novel coronavirus cases outside China fanned fears that a pandemic could slow the global economy and erode demand for crude.
The South African unit of cigarette maker Philip Morris International Inc welcomed the government's decision to introduce a lower excise tax on heated tobacco products than on regular cigarettes.
Global funds changed course in February and recommended a cut to equity allocations in their model balanced portfolio after taking them to a two-year high in January, instead suggesting an increase in bond holdings, Reuters polls showed.
Wall Street's main indexes fell for the sixth straight session and slipped into correction territory on Thursday, as the rapid spread of the coronavirus outside China intensified fears about the hit to economic growth and corporate earnings.
Oil prices are getting whacked as investors fear that the coronavirus outbreak will lead to steep demand reductions for crude.