[ad_1] SINGAPORE (Reuters) – A new coronavirus that has killed 170 people in China and spread to over a dozen other countries has roiled global commodity markets, raising fears of weaker demand and disrupting raw
Deutsche Bank to halve 2019 bonuses for board members
[ad_1] (This January 29 story corrects figures in third paragraph to millions, not billions) FILE PHOTO: A statue is pictured next to the logo of Germany’s Deutsche Bank in Frankfurt, Germany September 30, 2016. REUTERS/Kai
Gold inches up as Fed raises virus concerns
[ad_1] (Reuters) – Gold prices edged higher on Thursday after the U.S. Federal Reserve Chair’s remarks that the new coronavirus outbreak could impact China’s economy in the short term boosted the safe-haven metal’s appeal. FILE
Ikea closes all stores in China due to coronavirus outbreak
[ad_1] A Chinese woman walks past the Ikea store on its opening day in Beijing April 12, 2006. REUTERS/Files BEIJING (Reuters) – Sweden’s IKEA said on Thursday that it has temporarily closed all its stores
Facebook warns revenue growth slowing, costs remain high
[ad_1] (Reuters) – Facebook Inc (FB.O) said on Wednesday that growth would continue to slow as its business matured and it reported a surge in quarterly expenses, disappointing Wall Street expectations that the costs of
Samsung Electronics sees gradual chip rebound in 2020 after fourth-quarter profit plunge
[ad_1] FILE PHOTO: FILE PICTURE: Workers set up a Samsung display in preparation for the 2020 CES trade show in Las Vegas, Jan. 5, 2020. REUTERS/Steve Marcus/File Photo SEOUL (Reuters) – Samsung Electronics Co Ltd
Microsoft cloud revenue regains momentum, sending profit above Street estimates
[ad_1] (Reuters) – Microsoft Corp on Wednesday reported quarterly sales and profit that beat Wall Street expectations, driven by the first acceleration of Azure cloud computing revenue growth in eight quarters amid a pitched battle
Oreo maker Mondelez sees coronavirus hurting first-quarter sales
[ad_1] (Reuters) – Mondelez International Inc (MDLZ.O), the maker of Oreos and Chips Ahoy cookies, on Wednesday said it expects first-quarter revenue will be impacted by the coronavirus spreading across China, and it has temporarily
Airlines suspend, scale back direct flights to China amid virus fears
[ad_1] LONDON/MONTREAL (Reuters) – Global airlines on Wednesday continued to suspend or scale back direct flights to China’s major cities amid an increase in travel warnings and decline in demand from passengers due to the
Traders maintain bets on Fed pausing on policy till later in year
[ad_1] (Reuters) – U.S. short-term interest rate futures dropped but only slightly on Wednesday after the Federal Reserve wrapped up its January meeting without changing interest rates or signalling it was in any rush to