Facebook Inc is pulling out of this year's South by Southwest (SXSW) music and tech festival over growing concerns about the coronavirus outbreak, a spokesperson for the company said on Monday.
GFL Environmental Inc on Monday raised about US$1.4 billion in its initial public offering, pricing it below the target range in a conservative step to ride out market volatility in the wake of the coronavirus outbreak.
Global shares and oil prices extended their rebound on Tuesday on mounting speculation policymakers around the world would move to ease the economic fallout from the spreading coronavirus.
WASHINGTON: Novartis unit Sandoz has agreed to pay US$195 million to reach a deferred prosecution agreement aimed at resolving antitrust charges, the Justice Department said on Monday (Mar 2). The probe covers 2013-2015, said the department, which has been probing the generic drug industry for ...
NEW YORK: Wall Street stocks surged on Monday (Mar 2), staging a dramatic comeback after an historically bad week as markets cheered news that global finance heavyweights plan a coordinated response to the coronavirus epidemic. The Dow Jones Industrial Average jumped 1,293.96 points (5.09 per ...
The organizers of the Grammy Awards said on Monday they fired the chief executive they had placed on administrative leave in January.
DUBLIN: Ryanair will cut capacity in and out of Italy, its largest market, by 25 per cent for three weeks due to a significant drop off in bookings since a coronavirus outbreak, Europe's biggest low-cost airline said on Monday (Mar 2). The Irish airline said it did not expect...
Amtrak said Monday it had tapped Atlas Air's chief executive to run the money-losing U.S. passenger railroad that has seen record traffic.
SAO PAULO: Brazil's Hypera Pharma said on Monday (Mar 2) that it has signed a contract to buy a portfolio of 18 products from Japan's Takeda Pharmaceutical Co for US$825 million. Shares in Hypera soared on the news, and were up 14.1 per cent, at 39.13 reais, in afternoon...
U.S. factory manufacturing activity slowed in February as new orders contracted, reflecting worries about supply chain disruptions related to the fast-spreading coronavirus outbreak, which has revived financial market fears of a recession.
