Funds increased their preference for stocks to a two-year high at the expense of bonds and cash holdings in their model global portfolio recommendations this month in a Reuters poll, despite world share markets struggling on the coronavirus breakout.
EssilorLuxottica's 7.2 billion euro ($8 billion) bid for Dutch opticians group GrandVision faces a full-scale EU antitrust investigation after it declined to offer concessions to address concerns, people familiar with the matter said on Friday.
Nearly 140 governments have agreed to launch a rewrite of decades-old cross-border tax rules for the digital age over the coming months, the Organization for Economic Cooperation said on Friday after talks this week in Paris.
Oil prices rose on Friday but were still set for a fourth consecutive weekly loss, as markets attempted to assess the economic damage of the new coronavirus that has spread from China to around 20 countries, killing more than 200 people.
Orange , France's biggest telecoms company, said it had chosen Nokia and Ericsson to deploy its 5G network in mainland France, as China's Huawei Technologies faces intense political scrutiny in Europe.
Oil prices rose on Friday but were still set for a fourth consecutive weekly loss, as markets attempted to assess the economic damage of the coronavirus that has spread from China to around 20 countries, killing more than 200 people.
U.S. authorities could face difficulties fining Danske Bank over its involvement in suspected money-laundering in Estonia, according to a report by S&P Global Market Intelligence.
India on Friday banned the export of personal protection equipment such as masks and clothing amid a global coronavirus outbreak.
Canadian billionaire Lawrence Stroll will take a stake of up to 20% in luxury carmaker Aston Martin Lagonda Global Holdings, as the ailing British firm raises funds after a sales decline put pressure on its finances.
The coronavirus is threatening to disrupt large parts of China's manufacturing machine and its global supply chains as the spread of infection and strict public health measures force companies and workers to remain idle.
EssilorLuxottica's 7.2 billion euro ($8 billion) bid for Dutch opticians group GrandVision will face a full-scale EU antitrust investigation after the company declined to offer concessions during an initial review, people familiar with the matter said on Friday.
Canadian billionaire Lawrence Stroll has agreed to buy up to 20% of Aston Martin and rename his Formula One team after the 107-year-old company famed for being fictional secret agent James Bond's car of choice.
Japan's JTB Corporation, Japan's biggest travel agency, is suspending all tours to China, including Hong Kong and Macao, until February 29, Kyoto news agency reported on Friday.
Canadian billionaire Lawrence Stroll has agreed to buy up to 20% of Aston Martin and rename his Formula One team after the 107-year-old company famed for being fictional secret agent James Bond's car of choice.
World share markets fought to regain their footing on Friday as investors clutched at hopes that China could contain the coronavirus, even as headlines spoke of more cases and deaths, travel bans, evacuations and factory shutdowns.