Sri Lanka has ordered a probe into accusations of bribery by European planemaker Airbus to pave the way for the sale of aircraft to state-run carrier SriLankan Airlines, after the firm agreed a settlement with regulators.
The impact from a virus epidemic on China's economy will be limited and temporary, and the country's financial markets will return to normal in the long run, a commentary in a newspaper owned by the central bank said on Monday afternoon.
U.S. utilities stocks have outperformed other traditional havens in recent days, as worries over the spreading coronavirus epidemic sparked a rush to safety.
Ryanair cheered investors with a return to profit in the third quarter but warned its target of flying 200 million passengers per year may be delayed two years due to the grounding of Boeing's 737 MAX jet.
Shares in Just Eat-Takeaway, the company forged by Dutch online service Takeaway's $7.8 billion acquisition of British food deliverer Just Eat, commence trading on the London Stock Exchange on Monday.
Investors erased $393 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.
Credit Suisse Group said it was proposing Richard Meddings, chairman of British bank TSB, for election as a new non-executive member of its board of directors.
Bernard Ebbers, who built WorldCom Inc into a telecommunications giant and was convicted in one of the largest U.S. accounting scandals, died on Sunday, his family said in a statement. He was 78.
China's securities regulator has urged mutual fund managers not to sell shares unless they face investor redemptions, four sources told Reuters, as the country's stock markets plunged on Monday amid a growing virus outbreak.
What diversification does is reduce volatility. Diversification does indeed smooth out investment returns, but that's a psychological decision, not an investment decision. As a result, asset allocation diversification does not help investment performance, it hurts it.
Union workers at Exxon Mobil Corp’s Baytown, Texas, refinery rejected a contract extension in voting completed on Friday, said sources familiar with the vote.
Germany's current account surplus remained the world's largest last year despite trade tensions, the Ifo economic institute will say on Monday, in an estimate likely to renew criticism of Chancellor Angela Merkel's fiscal policies.
The U.S. Department of Homeland Security (DHS) issued rules on Sunday to implement new restrictions on Americans who have recently visited China to address the threat of the coronavirus.
Asian markets are set for another bumpy ride on Monday on fears about the hit to world growth from the rapidly spreading coronavirus, with all eyes on China where trading resumes following the Lunar New Year break.
Investors are bracing for a potential plunge in Chinese markets on Monday when onshore trade in stocks, bonds, yuan and commodities resumes following the Lunar New Year break and a steep global selldown on fears about the spread of a new virus.