[ad_1] HONG KONG (Reuters) – Hong Kong’s banks face at least two quarters of worsening asset quality and slowing loan growth as the coronavirus outbreak hits trade and consumer banking, analysts and bankers said. A
Tesla and U.S. regulators strongly criticized over role of Autopilot in crash
[ad_1] WASHINGTON (Reuters) – The National Transportation Safety Board on Tuesday sharply criticized Tesla Inc.’s (TSLA.O) lack of system safeguards in a fatal 2018 Autopilot crash in California and called U.S. regulators’ approach in overseeing
Trump warns of more U.S. sanctions on Venezuelan oil sector
[ad_1] NEW DELHI (Reuters) – The United States is preparing to impose more sanctions on Venezuela’s oil sector, President Donald Trump said on Tuesday, in an attempt to choke financing to President Nicolas Maduro’s government.
Asian stocks, Treasury yields fall as pandemic fears intensify
[ad_1] TOKYO (Reuters) – Asian shares fell on Wednesday as a U.S. warning to Americans to prepare for the possibility of a coronavirus pandemic drove another Wall Street tumble and pushed yields on safe-haven Treasuries
In first public results, Branson’s Virgin Galactic posts $73 million quarterly loss
[ad_1] SEATTLE (Reuters) – Billionaire Richard Branson’s space tourism company, Virgin Galactic Holdings Inc (SPCE.N), said on Tuesday its fourth-quarter net loss widened to $73 million from a year-ago loss of $46 million as it
Wall St. plunges as coronavirus spread sends investors fleeing
[ad_1] NEW YORK (Reuters) – Wall Street’s three major stock indexes fell 3% on Tuesday as the coronavirus spread further around the world and investors clamored for safety a day after the S&P 500’s .SPX
Stocks, oil fall further on accelerating coronavirus concerns
[ad_1] NEW YORK (Reuters) – Stocks across the globe fell on Tuesday to their lowest since early December and the benchmark U.S. debt yield hit a record low on concerns about the economic hit of
Juul under scrutiny by 39 state attorneys general
[ad_1] (Reuters) – A group of 39 state attorneys general on Tuesday announced an investigation into Juul Labs Inc’s marketing practices, adding to mounting legal and regulatory problems for the e-cigarette maker over its role
Japan’s ANA orders 15 more Boeing 787 Dreamliners worth $5 billion at list prices
[ad_1] SEATTLE/TOKYO (Reuters) – Japan’s ANA Holdings Inc will buy 15 Boeing Co 787 Dreamliners worth $5 billion at list prices, it said, the first commercial order announcement for the U.S. planemaker this year as
Wall Street deepens losses with virus spread in focus
[ad_1] NEW YORK (Reuters) – Wall Street added to losses on Tuesday with its three major stock indexes falling 1%, after officials said the coronavirus was “a rapidly escalating epidemic,” a day after virus worries