[ad_1] LONDON (Reuters) – Andrew Bailey will go straight back into crisis mode when he returns to the Bank of England as its new governor on Monday, this time facing the threat of a global
Nifty, Sensex dive as Fed rate cut fails to calm coronavirus fears
[ad_1] BENGALURU (Reuters) – Indian shares sank on Monday as the U.S. Federal Reserve’s emergency move to cut rates back to near zero and disappointing economic data out of China spooked investors about the impact
Factbox: Aramco 2019 profit drops, a week after shares fell below IPO
[ad_1] DUBAI (Reuters) – Saudi Arabia’s state-run oil giant Saudi Aramco (2222.SE) announced a drop in its 2019 profit of nearly 21% on Sunday, falling well below analysts’ expectations just three months after selling shares
Nike to close all stores in U.S. and several other countries
[ad_1] Workers install a Nike logo lamp outside the Wukesong Arena in Beijing, China August 28, 2019. REUTERS/Tingshu Wang/Files (Reuters) – U.S. sportswear giant Nike Inc (NKE.N) said on Sunday it is closing all of
Global Markets: Stocks plunge, dollar slides as Fed’s emergency cut spooks investors
[ad_1] SYDNEY (Reuters) – Stocks were slammed on Monday and the dollar battered after emergency rate cuts in the United States and New Zealand, and a raft of steps by policymakers worldwide failed to stem
The plumbing behind world’s financial markets is creaking. Loudly
[ad_1] LONDON (Reuters) – The coronavirus panic is jolting stock markets, with steep drops in major indexes grabbing the public’s attention. But behind the scenes, there is less understood and potentially more worrying evidence that
Italy to take full control of Alitalia as virus hits sale plan – report
[ad_1] FILE PHOTO: An Alitalia Airbus A330-200 airplane is pictured at Leonardo da Vinci-Fiumicino Airport in Rome, Italy, March 30, 2019. REUTERS/Alberto Lingria/File Photo MILAN (Reuters) – The Italian government is close to taking full
India proposes regional fund to fight coronavirus as cases exceed 100
[ad_1] NEW DELHI (Reuters) – India proposed setting up an emergency fund to fight the coronavirus outbreak in South Asia on Sunday, with New Delhi offering $10 million to get it going, as the number
Recession looms in Israel as central bank acts to combat coronavirus impact
[ad_1] TEL AVIV (Reuters) – Israel is probably headed for a recession despite action announced by the central bank on Sunday to fend off the economic damage from the coronavirus, economists said. A day after
Gulf states extend coronavirus precautions to bourses, shipping, public parks
[ad_1] DUBAI (Reuters) – Gulf Arab states expanded measures against the new coronavirus on Sunday with the United Arab Emirates shuttering several public venues including parks and the Abu Dhabi bourse trading hall, as infections