Malaysian long-haul budget airline AirAsia X Bhd said it will defer delivery of 78 Airbus SE A330neo planes and consider other changes to reduce its fleet as the coronavirus dents demand.
Baidu Inc, China's biggest search engine company, said first-quarter revenue could fall as much as 13per cent from a year earlier as the coronavirus epidemic puts the brakes on economic activity and advertising.
With this week's coronavirus-driven rout having shaken awake previously slumbering euro-dollar markets, the spotlight is back on the "short volatility" trades that some regulators fear could trigger a blowup on world markets.
TOKYO: Japan's vice minister of justice is traveling to Lebanon this weekend to try to make the case that fugitive ex-Nissan Chairman Carlos Ghosn should stand trial in Japan. Hiroyuki Yoshiie will leave Tokyo on Saturday and meet with Lebanese justice minister Albert Serhan on Monday, Japan's ...
Strategy simulation game "Plague Inc.", which surged in popularity in China when the coronavirus epidemic first started, has been removed from the China app store after regulators said it contained illegal content, its developer said on Thursday.
Global funds changed course in February and recommended a cut to equity allocations in their model balanced portfolio after taking them to a two-year high in January, instead suggesting an increase in bond holdings, Reuters polls showed.
Global share prices headed for the worst week since the darkest days of the world financial crisis in 2008 as investors braced for the coronavirus to become a pandemic and rapidly spread around the world.
NEW YORK: The Dow industrials posted its largest-ever drop in a single session on Thursday (Feb 27) as Wall Street led stocks across the globe lower, with traders fretting over the economic impact of the spreading coronavirus. The Dow Jones Industrial Average fell 1,190.95 points, or 4.42 per ...
Facebook Inc will provide a way for people to track political sponsored content on Facebook and Instagram ahead of the U.S. presidential election, it said on Thursday.
Thyssenkrupp has agreed to sell its elevators division to a consortium of Advent and Cinven , two sources close to the matter told Reuters.
