Reuters Business Videos
Stocks fell for a seventh straight session and suffered their largest weekly drop since the financial crisis but ended Friday above their lows after Federal Reserve Chairman Jerome Powell issued a statement. Conway G.
After the biggest weekly drop for stocks since the financial crisis, investors in the coming week are looking to see if the market will rebound or add to losses and what will the catalyst be for either move. Conway G. Gittens has the look ahead.
Fed Chair Jerome Powell’s statement Friday signals that the central bank will cut interest rates in March to support the economy, says RegentAtlantic’s Andy Kapyrin.
As the world prepares for a feared coronavirus pandemic, more new countries reported their first cases; many originating from Italy and Iran.
Wall Street dropped sharply Friday morning as the rapidly spreading coronavirus outbreak raised fears of a global recession.
Switzerland has banned all events likely to attract more than 1,000 people as it battles to contain the coronavirus. The Geneva Car Show and Swiss football matches are an early casualty.
Tokyo Disneyland will be closed from Saturday to March 15 due to concerns about coronavirus infections spreading in Japan. As Fred Katayama reports, that leaves all of
Three former Barclays executives were acquitted in London on Friday of charges they helped funnel 322 million pounds ($418 million) in secret fees to Qatar during the credit crisis, in return for rescue funding. Ciara Lee reports
Rolls-Royce has got to grips with a long-running engine problem and enjoyed a strong end to 2019, leaving it well placed to cope with any disruption caused by the coronavirus outbreak, it said on Friday. Ciara Lee reports
British Airways owner IAG, EasyJet and Finnair all sounded the alarm over the coronavirus on Friday.
Coronavirus panic sent world share markets crashing again on Friday, compounding their worst week since the 2008 global financial crisis and bringing the wipeout in value terms to $5 trillion. Ciara Lee reports
South Korean automaker Hyundai's shares have fallen more than 5% after the company announced it would shut down a factory where one worker tested positive for the coronavirus.
Beyond Meat said on Thursday that fourth-quarter sales tripled, but shares fell 7% in after-hours trading as the company missed earnings expectations and announced that its Executive Chairman will resign. Lisa Bernhard has more.
A potential pandemic and the challenge of figuring out the future of entertainment greeted Bob Chapek as he took over this week as Chief Executive Officer of The Walt Disney Company. Lisa Bernhard has more.
Historically low Treasury yields and political pressure could push the Fed to lower rates but it would be unlikely to help stocks much, says Global X’s Jon Maier.
U.S. stocks tumbled for a sixth consecutive session as the rapid spread of coronavirus fueled global economic growth fears. Conway G.
J.C. Penney's quarterly profit and revenue slid but beat estimates. As Fred Katayama reports, the department store chain sees sales continuing to fall in 2020.
The UK government has unveiled a tough negotiating mandate for trade talks with the European Union, saying it will walk away with no deal at the end of the transition period In December if "good progress" is not made by June.
Strong sales of mobile phones, tablets and headphones helped Best Buy post quarterly profit and sales that beat expectations. As Fred Katayama reports, its investment in its e-commerce operations is paying off.
French retailer Carrefour says profits are on the up and a turnaround in progress after it hit a target of $1.1 billion in cost savings.
Heathrow Airport’s $18bln plan for a new runway is in doubt after a UK judge said it didn’t comply with the country’s commitments on climate change.
Governments boosted measures on Thursday to battle the coronavirus epidemic as the number of infections outside China, the source of the outbreak, for the first time surpassed those appearing inside the country.
Oil prices fell for a fifth day on Thursday, hitting their lowest since early 2019, as the coronavirus outbreak raised growing fears for global growth. Ciara Lee reports
European shares fell again on Thursday, with travel stocks taking the biggest knock, as a jump in new coronavirus cases outside of China deepened fears of a pandemic that could dent global growth. Ciara Lee reports
Most of the U.S. stock market fell for a fifth straight session Wednesday, though the Nasdaq ended higher, as the latest coronavirus headlines kept investors on edge. Conway G.
Payne Capital Management president Ryan Payne says he still senses complacency among his clients amid the coronavirus scare. That, he says, is a sign markets will still head lower.
U.S. stocks attempted a recovery on Wednesday after a rocky start to the week that shaved off more than 6% from the main indexes on growth concerns stemming from a global spread of the coronavirus.
Starbucks will start selling a Beyond Meat plant-based breakfast sandwich next week in Canada. As Fred Katayama reports, it marks the first time the world's biggest coffee chain will offer an imitation meat product.
Panasonic said it'll exit solar cell production at Tesla's New York plant. As Fred Katayama reports, it's another sign of a fraying relationship with the electric vehicle maker.
The parent company of drinks brands that include Guinness and Smirnoff vodka is bracing itself for a drop in profits of up to $260 million because of the coronavirus.
Uncanny's red and white wines in a can are the first to be certified by South Africa's Wine and Spirit Board - now it wants to make a splash in the global wine industry which is expected to be worth $400 billion by the end of 2023.
European shares tumbled again on Wednesday after U.S. authorities said a coronavirus pandemic was now inevitable.
Air New Zealand may have come up with a way to cram lie-flat beds into economy class, revealing plans for a triple-decker sleep pod.
Earnings at Peugeot owner PSA Group jumped thanks to sales of pricier SUVs, cheering investors ahead of its merger with Fiat Chrysler.
Walt Disney Co's Robert Iger will step down as chief executive officer, handing the reins to Disney Parks head Bob Chapek, the company said on Tuesday, ending years of speculation on who will take over Hollywood's most powerful studio. Jillian Kitche
Stocks tumbled for a fourth straight session and bond yields set historic lows after the CDC warned the coronavirus is likely to break-out in the U.S. Conway G. Gittens has the full market reaction.
Multivariate strategist Max Wolff says stocks still have not factored in deglobalization risk that could be further exacerbated by the coronavirus outbreak.
The U.S. Centers for Disease Control and Prevention on Tuesday alerted Americans to prepare for the possible spead of the coronavirus to the U.S., sparking another sharp drop on Wall Street. Conway G. Gittens has more.
Home Depot benefited from a solid U.S. housing market and higher job growth, helping the home improvement retailer beat sales and profit estimates.
Amazon.com is opening Amazon Go Grocery in Seattle Tuesday, a cashier-less store that's four times larger than its first cashier-free store, Amazon Go.
Britain's biggest retailer Tesco has completed its exit from China with the 275 million pound ($357 million) sale of its joint venture stake to state-run partner China Resources Holdings. Ciara Lee reports
Earnings at English soccer giant Manchester United have taken another tumble due to the club’s absence from the Champions League. Ciara Lee reports
Lobster catchers on South Africa's West Coast have become unexpected victims of the coronavirus epidemic, after China halted imports of seafood in a bid to contain the outbreak.
Shrinking exports held back German economic activity in the fourth quarter of last year, detailed data showed on Tuesday, confirming that Europe's largest economy was stagnating even before the coronavirus outbreak began. Ciara Lee reports
The world's leading farm equipment manufacturer is teaming up with the "Uber of tractors", hoping to boost sales on the African continent.
Digital banking app Revolut is worth $5.5 billion after its latest fundraising round, confirming it as one of the most valuable names in financial technology.
European shares edged lower on Tuesday after recording their worst losses since June 2016 in the previous session, with trading still dominated by concern that the coronavirus outbreak is spreading fast outside China. Ciara Lee reports
The S&P 500 and the Dow Jones Industrial Average on Monday suffered their biggest one-day percentage losses in two years after a surge in coronavirus cases outside China fanned worries about the global economic impact of a potential pandemic.