Boeing Co said on Wednesday it took in 18 new orders for widebody planes in February but saw more customers cancel orders of its grounded and previously best-selling 737 MAX jet, as it faced another blow to demand from the coronavirus outbreak.
Britain launched a 30 billion-pound (US$39 billion) economic stimulus plan just hours after the Bank of England slashed interest rates, a double-barrelled package aimed at warding off the risk of a coronavirus recession.
The top U.S. securities regulator has increased its scrutiny of private funds that make higher-risk loans over the last two years, according to a Reuters review of SEC actions and industry and regulatory sources - just as fears of a global recession hit the booming private credit market.
U.S. consumer prices unexpectedly rose in February but are likely to decline in the months ahead as the coronavirus outbreak depresses demand for some goods and services, outweighing price increases related to shortages caused by disruptions to the supply chain.
REUTERS: AT&T Inc's advertising unit Xandr said Wednesday it is partnering with Walt Disney Co, AMC Networks and sister company WarnerMedia to make it easier for advertisers to buy TV commercials across the networks. Since forming Xandr in 2018, phone carrier AT&T has sought to allow advertisers ...
REUTERS: ServiceNow Inc on Wednesday said it released a new version of its cloud software with artificial intelligence technology designed to fix practical problems, such as helping users reset forgotten passwords. ServiceNow, based in Santa Clara, California, and led by former SAP SE Chief ...
German sportswear makers Adidas and Puma warned on Wednesday of a major decline in sales in China due to the coronavirus and said while there were early signs of improvement there the impact had spread to other markets.
Social media app TikTok is launching a content moderation center in a bid to boost transparency, the Chinese company said on Wednesday, as it faces scrutiny from U.S. lawmakers who have accused it of sharing user data with the Chinese government.
A government report published on Wednesday outlines a cyberwar doomsday plan and recommends Washington make sweeping changes to address other cybersecurity challenges facing the country.
U.S. stock index futures were down 2per cent on Wednesday after strong gains in the previous session, with investors growing frustrated about the lack of details on fiscal stimulus floated by President Donald Trump to combat the coronavirus epidemic.
