Airline stocks continued their plunging descent on Friday, as British Airways owner IAG and budget carrier EasyJet issued warnings on the impact of the coronavirus outbreak and signaled more canceled flights.
Several key OPEC members are leaning towards a bigger than previously expected oil output cut, four sources with knowledge of the talks said, as oil prices fell to $50 per barrel on fears the coronavirus outbreak will hit oil demand badly.
(RTTNews) - European stocks fell further into correction territory on Friday, as more coronavirus cases have been reported outside China, spurring concerns that a global recession is on the horizon.
Inflation was barely changed in German states in February, data showed on Friday, suggesting the national measure will remain close to but below the European Central Bank's target and pose no threat to its stimulus policy.
(RTTNews) - U.K. stocks plunged on Friday to extend losses from the previous session as
new coronavirus outbreaks in Asia, Europe and the Middle East sparked fears of a global pandemic.
Specialists appointed to try to save struggling South African Airways (SAA) have received a one-month extension until the end of March to publish a rescue plan, they said on Friday.
People's Utah Bancorp PUB could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for PUB broke out below the 200 Day Simple Moving Average, suggesting short-term
The United Kingdom now has 19 confirmed cases of the new coronavirus after Wales identified its first case and two new cases were found in England, health authorities said on Friday.
China's three biggest airlines have restored a fraction of the international flights they halted in the wake of a coronavirus outbreak, heeding a call from the aviation regulator as business activity recovers slowly.
Berkshire Hills Bancorp, Inc. BHLB could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for BHLB broke out below the 200 Day Simple Moving Average, suggesting s
CarGurus, Inc. CARG could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for CARG broke out below the 200 Day Simple Moving Average, suggesting short-term bear
Tokyo has no Plan B for this year's Summer Olympics despite alarm over the spread of the coronavirus in Japan and elsewhere with under five months before the event, a senior official said on Friday.
Chinese government bonds were rallying their way into JP Morgan's widely-tracked indices on Friday, as expectations of falling interest rates coincided with the pre-scheduled inclusion.
JPMorgan Chase & Co has issued global restrictions on non-essential travel to protect its employees and business from the coronavirus epidemic, Bloomberg News https://bloom.bg/2vnxhyW reported late on Thursday.
Central European currencies and stocks plunged on Friday, as investors around the world offloaded risky assets as fears grew that the coronavirus pandemic would cause a global recession.