Nasdaq News

The fighting capability of Britain's armed forces is being put at risk by delays in producing important new pieces of equipment, the government's spending watchdog warned on Wednesday.

(RTTNews) - The Singapore stock market has moved lower in five straight sessions, plunging almost 340 points or 15 percent in that span. The Straits Times Index now rests just beneath the 2,455-point plateau although it's expected to halt its slide on Wednesday.

Five months ago, Japanese investment fund Softbank Group (OTC: SFTBF) struck a deal to gently usher WeWork co-founder Adam Neumann out the door and take control over the company itself. In a deal valuing the short-term office lease company at $8 billion, down from $47 billion e

Credit Suisse sharply lowered its forecast for Mexico's economic performance this year and now expects a 4.0% contraction, citing "significant downside risks," according to a note sent to the bank's clients on Tuesday.

Google, Facebook and Amazon are using their size, reach and technological prowess to help Americans cope with the coronavirus crisis, an opportunity for Big Tech to counter a drumbeat of criticism in Washington.

South Korea on Wednesday said it will loosen one of its key foreign exchange rules to encourage banks to supply more dollars in local markets as the coronavirus pandemic drives a global rush for the U.S. currency.

The historic bull market came to end last week and the selling continued Monday, after the Dow, the S&P 500, and the Nasdaq all fell over 12% on the day. Monday’s decline, which marked the Dow’s second-worst day in history, comes as the coronavirus continues to spread in

(RTTNews) - The Malaysia stock market has finished lower in four straight sessions, plummeting almost 190 points or 14 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,255-point plateau although it's tipped to find support on Wednesday.

The Federal Reserve's plan to ease strains in short-term funding markets received mixed reviews from investors on Tuesday, with some saying further relief may be needed from the liquidity issues plaguing that corner of the financial system.

What happened In retrospect, this should have been obvious. After states across the nation began ordering the closure of restaurants to promote social distancing, it was probably inevitable that movie theaters would be next to close.

(RTTNews) - FedEx Corp. (FDX) Tuesday reported third-quarter earnings that missed Wall Street estimates, but revenues trumped expectations. The package delivery giant suspended its outlook due to ongoing Covid-19 outbreak.

With alcohol gel supplies increasingly stretched, Ambev SA said on Tuesday it will use one of its Brazil beer breweries to produce half a million sanitizer bottles for public hospitals to fight the spread of coronavirus.

The S&P 500 rose 6% on Tuesday, clawing back a significant portion of Monday's steep losses, as the Federal Reserve and the White House took further steps to boost liquidity and stem damage from the coronavirus outbreak that has gripped the global economy.

Private investment firm Najafi Companies and Trinity Broadcasting Network on Tuesday offered to take U.S. regional TV station operator Tegna Inc private at $20 per share.

Virgin Australia Holdings Ltd said on Wednesday it would suspend all international flying from March 30 to June 14 and cut its domestic capacity in half because of government travel restrictions and lower demand because of the coronavirus.

The International Olympic Committee is putting the health of elite athletes at risk by telling them to continue training for the Tokyo 2020 Games as the coronavirus rages, reigning Olympic pole vault champion Katerina Stefanidi told Reuters on Tuesday.

What happened Shares of consumer staples stocks were rising broadly today on news that Amazon was seeing unprecedented demand for essential items, and was hiring 100,000 people as a result. The e-commerce giant also said that it would shift its warehouses to stock and ship nec

Following in the footsteps of a number of other major restaurant and cafe chain, McDonald's (NYSE: MCD) has announced that it is shifting to takeout-and-delivery-only operation -- at least in its company-owned restaurants.

The PGA Championship scheduled for May 14-17 has been postponed over coronavirus concerns, the PGA of America said on Tuesday.

Private investment firm Najafi Companies and broadcaster Trinity Broadcasting Network have offered to take U.S. regional TV station operator Tegna Inc private at $20 per share, the two firms said on Tuesday. (Reporting by Munsif Vengattil in Bengaluru; Editing by Arun Koyyur) ((munsif.vengattil@thomsonreuters.com; 646-223-8780;)) nL4N2BA5CQ