Asian shares stumbled on Monday, oil skidded and commodities on Chinese exchanges plunged on their first trading day after a long break on fears the coronavirus epidemic will hit demand in the world's second-largest economy
China's central bank unexpectedly lowered the interest rates on reverse repurchase agreements by 10 basis points on Monday, as authorities stepped up measures to relieve pressure on the economy from a rapidly spreading virus outbreak.
Chinese stock and commodity markets fell heavily at the open on Monday, in the first trading session after an extended Lunar New Year break, as investors dumped risky assets in response to rising fears about the spread of a new virus across China.
Bankrupt California power producer PG&E Corp said on Saturday it had submitted an updated bankruptcy reorganization plan including a new board of directors and new roles aimed at addressing concerns raised by California Governor Gavin Newsom.
Apple Inc on Saturday said it has decided to shut down all of its official stores in mainland China until Feb 9., as fears over the coronavirus outbreak mounted and the death toll more than doubled to over 250 from a week ago.
Airlines are suspending flights to China in the wake of the new coronavirus outbreak, which as of Friday had killed more than 200 people and infected nearly 10,000 people. [nL4N29Z6DC]
Softbank -backed office sharing firm WeWork named real estate industry veteran Sandeep Mathrani as its new chief executive on Saturday.
Softbank-backed office sharing firm WeWork plans to name real estate industry veteran Sandeep Mathrani as its new chief executive, according to people familiar with the matter.
Airlines are suspending flights to China in the wake of the new coronavirus outbreak.
The popular Super Bowl halftime show is only 13 minutes long, but the million-dollar-a-minute extravaganza takes thousands of people, months of planning and near military precision to pull off.
Many Americans have been grabbed by the lure of living in another country. Experts weigh in on the hidden risks that can come with buying residential property overseas.
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If you dream of working for yourself one day, entrepreneurship may be the right path for you. But running a business is not easy. Take this quiz to see if you have what it takes.
CNBC interviewed "Why We Can't Sleep: Women's New Midlife Crisis" author Ada Calhoun, who discusses how the midlife crisis can be worse for women.
Some biotech firms have been outperforming the market over the past few weeks on their treatment initiatives.