Asian shares were dragged to near two-month lows on Monday by Chinese markets, which plunged on their first trading day after a long break on fears the coronavirus epidemic would hit demand in the world's second-largest economy.
Investors erased $420 billion from China's benchmark stock index on Monday, sold the yuan and dumped commodities as fears about the spreading coronavirus and its economic impact drove selling on the first day of trade in China since the Lunar New Year.
Bernard Ebbers, the former WorldCom Inc chief executive convicted in one of the largest U.S. accounting scandals, died on Sunday, his family said in a statement.
Investor rights law firm Bernstein Liebhard has filed a class-action suit against Australia's No. 2 lender, Westpac Banking Corp , accusing it of failing to monitor financial crime, the law firm said on Monday.
Two thirds of smaller banks typically have only men as executive directors, while lenders with men and women in top roles were likely to be more profitable, the European Union's banking watchdog said on Monday.
U.S. construction spending unexpectedly fell in December, posting its first drop since June, as investment in both private and public projects declined.
Club Med ranked 66 top tourist attractions worldwide to determine which give visitors the best value for money. Some classical sites rank high, while others rated surprisingly low.
The "significant reputational hit" suffered by Boeing's grounded 737 MAX airliner will have to be reflected in the compensation the planemaker pays Ryanair , the CEO of Europe's biggest budget airline said on Monday.
Chinese officials are hoping that the United States will agree to flexibility on some promises in the Phase 1 trade deal as China deals with the outbreak of coronavirus, a Bloomberg reporter said https://twitter.com/SalehaMohsin/status/1224348944043560962?s=20 in a tweet on Monday.
Goldman Sachs Group Inc is in advanced talks with Amazon.com Inc to offer small- and medium-sized businesses loans in the United States on the e-commerce giant's lending platform, the Financial Times reported on Monday.
British Prime Minister Boris Johnson has pitched two models for his country's trade ties with the European Union after Brexit: a deal based on the EU's accord with Canada, or the basic terms the bloc has with Australia.
Britain will need to adopt EU rules if it wants friction-free trading access to the European single market, which must be protected, French Secretary of State for European Affairs Amelie de Montchalin said on Monday.
The European Union and Britain clashed over a post-Brexit trade deal on Monday, with the two sides setting out very different visions of a future relationship that could result in the most distant of ties.
U.S. factory activity unexpectedly rebounded in January after contracting for five straight months amid a surge in new orders, offering hope that a prolonged slump in business investment has probably bottomed out.
Wall Street main indexes rose 1% on Monday following their worst week in at least four months as Amazon and Nike gained and U.S. factory activity showed a surprise rebound.