Europe's share markets suffered their biggest slump since mid- 2016 on Monday, as a jump in coronavirus cases in Italy, South Korea, Japan and Iran sent investors scrambling to the security of gold and government bonds.
Billionaire Warren Buffett told CNBC that investors should not reach for yield beyond their risk-tolerance, even with stocks seemingly like the only place to get a return.
SoftBank's second Vision Fund has led a new $165 million funding round in California-based Karius, which markets a test that can quickly detect hard to diagnose infections through a simple taking of blood, the start-up said on Monday.
United Technologies Corp and Raytheon Co have offered concessions to address EU antitrust concerns about their plan to create a $120 billion U.S. aerospace and defense giant, a filing on the European Commission website showed on Monday.
Oil prices tumbled by more than 3% on Monday, as the rapid spread of a coronavirus in several countries outside China left investors concerned about a hit to demand.
Global share markets and oil fell on Monday, safe-haven gold surged and U.S. Treasury yields reached their lowest since mid- 2016, as coronavirus cases spread outside China, darkening the outlook for world growth.
The dollar juggernaut rolls on. The U.S. currency <=USD> has rocketed to a near three-year high versus the euro, a 10-month high against the yen and an 11-year peak versus the Aussie. This month alone it's added 2.5% against six currency peers. Economic indicators are reinforcing the U.S growth engine's outperformance. The United States has the highest bond yields among developed nations and its companies keep beating earnings forecasts. It's relative resilience to coronavirus damage m
Blackstone Group has raised its proposed offer to buy Japanese hotel chain Unizo Holdings to 6,000 yen ($53.78) from 5,600 yen per share, the U.S. private equity firm said on Monday, topping a bid by U.S. investment fund Lone Star.
U.S. Treasury Secretary Steven Mnuchin told Reuters he does not expect the coronavirus outbreak to have a material impact on the Phase 1 U.S.-China trade deal, although that could change as more data becomes available in coming weeks.
Private equity-backed generic drugmaker Stada said it has agreed to buy 15 consumer healthcare products from British drugmaker GlaxoSmithKline to further strengthen its prescription-free drugs business in Europe.
U.S. private equity Blackstone Group said on Monday it would raise its proposed offer price to buy Japan's hotel chain Unizo Holdings to 6,000 yen ($53.78) per share, topping a bid by U.S. investment fund Lone Star.
Urged to restore economic activity by President Xi Jinping, large parts of China relaxed curbs on transport and travel on Monday as reported new cases of coronavirus outside the worst-hit province fell to the lowest in a month.
Three units of Goldman Sachs pleaded not guilty to charges of misleading investors regarding $6.5 billion in bond sales that the U.S. investment bank helped raise for state fund 1Malaysia Development Berhad (1MDB), Bernama state news agency reported on Monday.
Mastercard Inc plans to hire 1,500 more staff at its global technology hub in Dublin over the next three to five years, more than trebling the size of its workforce in Ireland's first major multinational jobs announcement of 2020.
Some South Korean workers at Samsung Electronics and Hyundai Motor are staying home as a precautionary measure as corporate Korea scrambles to prevent the coronavirus outbreak from causing widespread disruption in its home market.