[ad_1] NEW YORK (Reuters) – A raft of earnings reports from consumer discretionary companies and U.S. retail sales data set for the coming week could help investors determine to what extent the coronavirus is hitting
Uber and Lyft take different roads in search of profit
[ad_1] NEW YORK (Reuters) – Uber Technologies Inc (UBER.N) and Lyft Inc (LYFT.O), the two leading U.S. ride-hailing companies, are on divergent paths as Uber pours money into money-losing side businesses while smaller rival Lyft
Airbus likely to acquire Bombardier’s remaining stake in A220 passenger jet: sources
[ad_1] MONTREAL/PARIS (Reuters) – Europe’s Airbus SE (AIR.PA) is likely to acquire Canadian plane and train maker Bombardier Inc’s (BBDb.TO) remaining stake in the A220 passenger jet program, two industry sources said. FILE PHOTO: The
Indexes drop from record highs, but tally strong weekly gains
[ad_1] (Reuters) – Wall Street fell from record levels on Friday after a four-day rally as investors digested the monthly U.S. jobs report and braced for the next coronavirus developments, but stocks still posted solid
Global stocks fall on fears China virus to slow growth, gold gains
[ad_1] NEW YORK (Reuters) – Global equity markets and government debt yields slumped on Friday as nagging concerns about the impact of the coronavirus on global growth overshadowed a strong U.S. jobs report that indicated
Stocks fall on fears China virus to slow growth, gold gains
[ad_1] NEW YORK (Reuters) – Global equity markets and government debt yields slumped on Friday as growing concerns about the impact of the coronavirus on global growth overshadowed a strong U.S. jobs report that indicated
Oil dips as Russia needs time to mull more OPEC+ supply cuts
[ad_1] NEW YORK (Reuters) – Oil prices edged lower on Friday as Russia said it needed more time before committing to output cuts sought by other large producers as the coronavirus outbreak fans worries about
Fed says risks to economy easing, but calls out coronavirus in report to Congress
[ad_1] WASHINGTON (Reuters) – A “moderately” expanding U.S. economy was slowed last year by a manufacturing slump and weak global growth, but key risks have receded and the likelihood of recession has declined, the U.S.
White House adviser says UK’s 5G actions won’t hinder trade deal
[ad_1] FILE PHOTO: A smartphone with the Huawei and 5G network logo is seen on a PC motherboard in this illustration picture taken January 29, 2020. REUTERS/Dado Ruvic/Illustration WASHINGTON (Reuters) – Britain’s decision to grant
Biggest German industry slump in a decade revives recession fears
[ad_1] BERLIN (Reuters) – German industrial output suffered its biggest fall in December since the recession-hit year of 2009, a shock drop highlighting the weakness in manufacturing that risks dragging Europe’s largest economy into contraction