(RTTNews) - Wells Fargo & Company (WFC) said that Elizabeth Duke has resigned as Chair and a member of the company's Board of Directors. James Quigley has resigned as a member of the Board. Both resignations were effective Sunday, March 8th.
Tech firms at Malaysia's one-time Silicon Valley of the East, swimming in orders from customers fleeing trade war-hit China, have seen fortunes turn again in the space of just a year as the coronavirus outbreak cuts them off from Chinese suppliers.
U.S. companies operating in China were having an increasingly tough time last year as slowing economic growth and trade tensions squeezed profits before the coronavirus outbreak added to their concerns, a business survey showed on Tuesday.
Australia will not attempt to put on World Cup qualifiers during the international windows in March and June and will instead look to set up other fixtures for the Socceroos, Football Federation Australia (FFA) said on Tuesday.
Bank of Japan Governor Haruhiko Kuroda said he was scrutinising the economic fallout from "very unstable" global market moves, reiterating the central bank's readiness to ramp up stimulus to fight growing risks from the coronavirus outbreak.
What happened
Many companies on the hardware side of the tech sector had a very bad day on Monday. Machine vision specialist Cognex (NASDAQ: CGNX) closed the day 10.9% lower, automated testing systems expert National Instruments (NASDAQ: NATI) fell 11.2%, and NCR (NYSE: NCR), wh
What happened
Shares of Mobile Mini (NASDAQ: MINI) declined by 14.5% on Monday. The portable storage company is facing some serious challenges -- and investors are growing increasingly concerned.
IKEA on Tuesday started selling its products on Alibaba's Chinese e-commerce platform Tmall, the first time the world's biggest furniture retailer has sold through a third party in its 77-year history.
(RTTNews) - Qantas Group has announced some drastic changes to its operations, due to impact of the deadly coronavirus crisis. The changes include reducing international capacity by a quarter, cancelling bonus payments for 2020 as well as no salary for its chief executive office
Asian shares bounced and bond yields rose from historic lows on Tuesday as speculation of coordinated stimulus from global central banks and governments calmed panic selling.
BHP Group is in good shape to take action should supply chain disruption caused by the global coronavirus epidemic trigger acquisition opportunities, the global miner's Chairman Ken MacKenzie said on Tuesday.
What happened
Shares of Freshpet (NASDAQ: FRPT) finished lower today even though there was no news out on the maker of natural pet foods. Instead, the stock seemed to get swept up in the broader sell-off around the coronavirus, and shares finished the day down 10.5% against th
(RTTNews) - The Indonesia stock market has finished lower in three straight sessions, dropping more than 150 points or 2.8 percent along the way. The Jakarta Composite Index now rests just beneath the 5,140-point plateau and it's expected to open lower again on Tuesday.
(RTTNews) - The Japanese stock market has pared sharp losses earlier in the session on Tuesday and the safe-haven yen weakened on hopes for U.S. economic stimulus after President Donald Trump said he will meet with Senate and House Republicans later on Tuesday to discuss a possi
Oil prices jumped more than 6% on Tuesday, clawing back some ground on hopes that a price war by top producers Saudi Arabia and Russia that sparked the biggest daily rout since the 1991 Gulf War will not be sustained.
Boeing Co said late on Monday an employee at its Everett facility in Washington state has tested positive for the coronavirus and has now been quarantined.