The standoff between oil majors Saudi Arabia and Russia on production would "last a while" as they wait for each other "blink first," said an analyst on Tuesday.
China's foreign ministry on Monday objected to the expression "Wuhan coronavirus" — saying the name will "stigmatize" the country — following recent claims from Beijing that the virus may not have originated in China at all.
In Japan, the Nikkei 225 bounced back strongly from an earlier drop to close 0.85% higher while the Topix index rose 1.28%. The two indexes had earlier declined more than 3% each during the Tuesday session.
Central banks in the U.S., European Union and China are already cooperating by maintaining very accommodative credit conditions. Throwing more money at the liquidity flooded asset markets is not what's needed, writes Dr. Michael Ivanovitch.
Men and women's different perceptions of the issue could be one of the big hurdles preventing progress, according to a new study from the Center for Creative Leadership.
President Donald Trump has contact with Reps. Matt Gaetz and Doug Collins before they entered self-quarantine after learning they had beenexposed to someone who has been diagnosed with coronavirus.
The regulator alleges that personal information from more than 300,000 Facebook profiles was given to an app and risked being disclosed to Cambridge Analytica for political profiling.
The world is in a period of "true turmoil," with financial markets and economies in crisis while a novel coronavirus continues to spread rapidly, oil guru Dan Yergin told CNBC this week.
Analysts say Russia and Saudi Arabia appear to be battling each other but are really at war with the U.S. oil industry, sucker punched by a sudden 30% decline in oil prices.
Uncertainty amid the coronavirus COVID-19 outbreak, and oil price battles between Saudi Arabia and Russia weighed on shares of Tesla and other electric car makers on Monday.