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ECB Leaves Rates Unchanged, As Expected; Euro Stable

ECB Leaves Rates Unchanged, As Expected; Euro Stable

She said she was aware of critical voices who anxious that climate protection would be "a distraction" from the ECB's mandate to ensure price stability, or who believed that climate policies should be...

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Oil steadies, but concern over spreading China virus weighs

Oil steadies, but concern over spreading China virus weighs

Brent crude futures were up 24 cents, or 0.4 percent, at $62.28 a barrel after falling 1.9 percent the previous session. The contract fell 2 percent on Thursday and is 5 percent lower for the week. S&...

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WorldPay and Visa back African payments firm Flutterwave

WorldPay and Visa back African payments firm Flutterwave

Other countries where the startup has spanned its operations are Uganda, South Africa, the U.K., Zambia, Kenya, Tanzania, and Rwanda. Why it matters: The funding, which was led by VC firms , eVe...

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Crude Oil Stocks Draw But The Chinese Coronavirus Affected Crude Prices

Crude Oil Stocks Draw But The Chinese Coronavirus Affected Crude Prices

Crude stocks at the Cushing, Oklahoma, delivery hub for the benchmark USA crude futures, fell 961,000 barrels to 34.9 million barrels, their lowest since November 2018, the EIA said . Distillate stoc...

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Nasdaq edges to record as investors monitor China virus

Nasdaq edges to record as investors monitor China virus

Intel Corp, set to report after markets close, was up 1.0%, while Netflix Inc rebounded from losses sparked by a disappointing forecast. The S&P 500 index was up 3.79 points at 3,325.54, while the Nas...

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Chinese citizens fear the government has 'not disclosed things about coronavirus'

Chinese citizens fear the government has 'not disclosed things about coronavirus'

Travel restrictions, whether put in place by employers or government authorities, will severely disrupt the plans of millions of people, because during Lunar New Year hundreds of millions of Chinese m...

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Fairway files for bankruptcy with a plan to keep some stores open

Fairway, which has 14 stores, entered into what's known as a stalking horse agreement with Village Super Market , the owner of ShopRite, to sell up to five NY stores and a distribution center for $70...

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Trump Says He'll Weigh Europe Auto Tariffs Without Trade Deal

Trump Says He'll Weigh Europe Auto Tariffs Without Trade Deal

President Trump discusses American trade with Europe and the potential imposition of new tariffs on European automobiles if a trade deal is not reached. The president struggled to make progress wit...

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Wuhan lockdown: China takes extreme measures to stop virus spread

Wuhan lockdown: China takes extreme measures to stop virus spread

The 17 people who died in China were aged between 48 and 89 and had pre-existing health conditions, Chinese health authorities said Thursday. China is putting on lockdown a city of 11 million peop...

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CEO pessimism over global growth reaches record high: PwC

CEO pessimism over global growth reaches record high: PwC

Launched ahead of the World Economic Forum's annual meeting in Davos, Switzerland on Monday, the survey , now in its 23rd edition, shows that the share of CEOs very confident in their 12-month grow...

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Boris Johnson faces new Brexit battle on child migrants

Boris Johnson faces new Brexit battle on child migrants

Earlier on Wednesday, the lower house of parliament, the House of Commons overturned changes the upper house, the House of Lords, had made to the legislation, including a clause to ensure protections ...

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Protests continue in Beirut after Lebanon forms new Hezbollah-approved government

Protests continue in Beirut after Lebanon forms new Hezbollah-approved government

The announcement came Tuesday after 61-year-old computer engineering professor Hassan Diab was named Lebanon's new prime minister. In televised comments on Thursday, Wazni said: "The entire worldw...

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GM hopes Cruise pays off in the long term

GM hopes Cruise pays off in the long term

Behind that bluntness is a more nuanced message, however. The launch of Cruise Origin has been delayed from 2019, and the company is yet to announce a new launch date for the vehicle. The Origin...

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German retailer pulls out of Australia before opening a single store

German retailer pulls out of Australia before opening a single store

Tipped as a major threat to Aldi as well as Coles and Woolworths, Kaufland the giant German retailer has pulled the plug on Australia. We would like to thank our employees and we apologise for the dis...

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Softbank invests in satellite NB-IoT start-up Skylo

Softbank invests in satellite NB-IoT start-up Skylo

Startup Skylo , which emerged from stealth today with a $103 million Series B funding announcement, is one of the players making that possible in an affordable way. It had recently built and deploy...

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'Africa's richest woman' named as suspect in Angola oil probe

'Africa's richest woman' named as suspect in Angola oil probe

Forbes estimates her net worth at $2.1 billion. Portuguese bank EuroBic this week said it will stop doing business with companies and people linked to dos Santos, its main shareholder. Sodiam is i...

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CDC announces first U.S. case of Wuhan coronavirus is in Washington state

CDC announces first U.S. case of Wuhan coronavirus is in Washington state

On Wednesday, the World Health Organization is scheduled to debate whether to declare the situation a public health emergency of global concern, a designation used for complex epidemics that can cross...

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Manitoba health providers get coronavirus alert

Manitoba health providers get coronavirus alert

According to sources, China's National Health Commission (NHC) had confirmed 291 cases till Monday, January 20, 2020. It's also the same family that caused the outbreak of severe acute respiratory s...

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Protest Impacts Sailings at BC Ferries

Protest Impacts Sailings at BC Ferries

The terminal reopened as the protest ended around 9 a.m., and traffic started flowing again. BC Ferries executive director of public affairs, Deborah Marshall, said the protest wrapped up at around ...

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Tesla's furious rally pushes market value past $100 billion

Tesla's furious rally pushes market value past $100 billion

Tesla Inc surged in Wednesday's trading and the company became the first publicly listed United States-based automaker to cross $100bn in market valuation, more than Ford Motor Co and General Motor...

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It Pays to Be a Delta Employee

It Pays to Be a Delta Employee

Delta announced it's giving workers $1.6 billion dollars in the bonuses. Following a profitable year, Delta Air Lines announced last week that it plans to reward its employees in a big way. The prof...

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Tim Cook and Donald Trump set breakfast date in Davos

Tim Cook and Donald Trump set breakfast date in Davos

He also told a packed auditorium that trade deals struck this month with China and Mexico represented a model for the 21st Century. That cooled a destabilising tariffs war Trump ignited between ...

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Tesla Surges Past $100 Billion Market Value, Usurping Volkswagen

Tesla Surges Past $100 Billion Market Value, Usurping Volkswagen

The electric-car maker's shares climbed as much as 1.4% in after-hours trading Tuesday after closing the regular session up 7.2%. At the post-market high of $555.10, Tesla's market capitalization was ...

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Swiss uncovered suspected Davos spy plot by Russian 'plumbers'-paper

Swiss uncovered suspected Davos spy plot by Russian 'plumbers'-paper

Swiss police discovered two suspicious Russian agents in the luxury resort of Davos past year - one of whom claimed to be a plumber, a Swiss newspaper reported on Tuesday, January 21. The World Eco...

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Coronavirus infections in China feared to be more widespread than officially reported

Coronavirus infections in China feared to be more widespread than officially reported

Then on January 19, the infected man was admitted to the Providence Regional Medical Center in Everett, Washington, and is isolated from other patients. "If you're traveling to or near Wuhan, you sh...

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Mnuchin meets Sanders, Warren in Davos' comments

Mnuchin meets Sanders, Warren in Davos' comments

US growth slowed last year, and the International Monetary fund on Monday predicted a further drop in the coming years, partly due to weaker global trade and the waning effect of fiscal stimulus. The ...

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Amazon India to include 10,000 EVs in delivery fleet by 2025

Amazon India to include 10,000 EVs in delivery fleet by 2025

Zero carbon. #ClimatePledge." The tweet also contains a video of Bezos riding one of the electric rickshaws. Jeff Bezos (Jeff Bezos), president and CEO of e-commerce company Amazon (Amazon), is re...

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Futures Dip on China Virus Concerns

Futures Dip on China Virus Concerns

Futures for the S&P 500 docked 9.25 points, or 0.3%, at 3,315.75. Investors bought USA bonds and lowered the yield on 10-year government bonds. The outbreak in the central Chinese city of Wuhan has ma...

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Impeachment Trial: Democrats and Republicans make opening arguments

Impeachment Trial: Democrats and Republicans make opening arguments

Although moderate Republican Senators like Susan Collins of ME and Mitt Romney have signaled they may be open to hearing from witnesses, their votes might not be enough. When asked about Republican Se...

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Mitch McConnell Impeachment trial rules delay witnesses, vote

Mitch McConnell Impeachment trial rules delay witnesses, vote

The most noteworthy detail: Republicans will leave the House impeachment managers only two days to make their opening arguments. In the 1999 impeachment trial of then-President Bill Clinton, House Rep...

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