Oil falls 2% to three-month lows as China virus raises demand fears
Crude prices dropped 2% to three-month lows on Monday as the death toll from China's coronavirus grew, clamping down on travel and fueling expectations of slowing oil demand.
Crude prices dropped 2% to three-month lows on Monday as the death toll from China's coronavirus grew, clamping down on travel and fueling expectations of slowing oil demand.
Traders who use highspeed methods to gain an advantage in the stock market "tax" other investors to do so, according to a new study.
Finextra | Jan 22, 2020 While technology has yet again been a central topic of discussion at this year’s World Economic Forum in Davos, Switzerland, there has also been a determined focus on fintech and how financial inclusion is key to meeting the UN’s Sustainable Development Goals by 2030. In conversation with Finextra, Haus of
Wall Street's main indexes fell more than 1% on Monday as investors worried about the economic fallout of a virus outbreak in China that has prompted the country to extend the Lunar New Year holidays and businesses to close some operations.
EU antitrust regulators will decide by Feb. 27 whether to clear state energy firm Saudi Aramco's $69.1 billion acquisition of world number four petrochemicals group Saudi Basic Industries Corp (SABIC), a European Commission filing showed.
Crude prices dropped 3% to three-month lows on Monday as the death toll from China's coronavirus grew and more businesses were forced to shut down, fuelling expectations of slowing oil demand.
World shares slipped to their lowest in two weeks on Monday as worries grew about the economic impact of China's spreading coronavirus, with demand spiking for safe-haven assets such as Japanese yen and Treasury notes.
Crude prices extended declines on Monday, dropping below $60 for the first time in nearly three months as the death toll from China's coronavirus rose and more businesses were forced to shut down, stoking expectations of slowing oil demand.
Stocks markets tumbled worldwide on Monday and investors worried about the possible economic impact of the coronavirus drove up the price of safe-haven assets such as the Japanese yen and government debt.
Investors who were waiting for the market to sink so they could buy stocks at cheaper prices should stay on the sidelines a little longer, CNBC's Jim Cramer said Monday.
Shares tumbled on Monday as investors grew increasingly anxious about the economic impact of China's spreading virus outbreak, with demand spiking for safe-haven assets such as the Japanese yen and Treasury notes.
There is an even balance in the share of U.S. businesses reporting decreases and increases in employment for the first time in a decade, a survey showed on Monday, the latest suggestion that the labor market has likely peaked and job growth could slow this year.
Johnson & Johnson Chief Executive Alex Gorsky told a jury Monday that he did not read all the internal company documents related to potential asbestos contamination in Johnson's Baby Powder.
As concerns over the spread of the coronavirus rattle stocks, a corner of the options market is signaling that the current selloff may be short-lived.
Investors who were waiting for the market to sink so they could buy stocks at cheaper prices should stay on the sidelines a little longer, CNBC's Jim Cramer said Monday.