Nasdaq News

Indian stocks on Monday slumped to their lowest in nearly 17 months, tracking global markets, as panic over the economic fallout of the coronavirus outbreak intensified and oil prices plummeted 30%.

Cineworld said on Monday its biggest shareholder would sell almost a third of its stake in the British cinema operator to refinance a margin loan, after shares in the company sank to a 7-year low on bets audiences would collapse in the coronavirus crisis.

(RTTNews) - Ferrari N.V. (RACE), the Maranello, Italy based luxury sports car manufacturer, Monday confirmed its operational continuity amid the COVID19 outbreak.

Yields on benchmark British government bonds turned negative for the first time ever on Monday as panicked investors rushed to the safety of gilts to hedge against the feared economic shock of the coronavirus.

All Romanian league matches will be played without spectators attending until further notice because of the coronavirus outbreak, the Romanian Football Federation (FRF) said.

The Russian rouble crashed to its weakest levels since early 2016 on Monday, dragged down by oil prices that plummeted after Russia failed to reach an oil output agreement with OPEC and Saudi Arabia slashed its selling prices for crude.

China will set up at least 29 locust-monitoring sites along borders with India, Pakistan and Myanmar by the end of March to fight the destructive insects, a government notice said on Monday.

(RTTNews) - Changyou.com Limited (CYOU) reported fourth-quarter non-GAAP net income from continuing operations per ADS of $1.11, compared to $0.44, a year ago. Non-GAAP net income attributable to Changyou.com was $63 million, compared to $23 million, prior year.

(RTTNews) - Nordex Group (NRDXF.PK) reported Monday that its fiscal 2019 earnings before interest, taxes, depreciation and amortization or EBITDA grew 21.7 percent to 123.8 million euros from previous year's 101.7 million euros.

(RTTNews) - Sogou Inc. (SOGO) reported that its fourth-quarter net income attributable to the company was $35.0 million, a 33% increase from last year.

Shares in Indian banks slumped to a more than 13-month low on Monday as the crisis at Yes Bank Ltd spooked investors and sparked concerns about the broader sector.

(RTTNews) - European stocks may fall sharply at open on Monday as the coronavirus outbreak reached more countries and data showed China's exports contracted sharply in the first two months of the year, deepening a global market rout.

Asian currencies weakened on Monday as investors sold off risky assets after a plunge in oil prices exacerbated concerns over economic fallout stemming from the coronavirus epidemic.

China's largest online travel firm Ctrip said on Monday that senior management of the company would take a pay cut of up to half their salary to cope with the impact of the COVID-19 outbreak on the firm, according to a letter reviewed by Reuters.

Even after an explosion idled a massive Asian petrochemicals complex, most petchem makers in the region won't up output from current low levels because sluggish demand from China will mean there is no supply gap, industry sources said on Monday.

The unexpected writedown of some bonds issued by crisis-hit Indian lender Yes Bank Ltd as part of a state-led rescue is set to raise borrowing costs and make capital-raising tougher for other banks, investors and analysts said.

Sovereign wealth fund investment in venture capital deals slipped to its lowest level in six years in 2019, with the drop-off deepening in the months after WeWork's planned share sale failed, data showed on Friday.

Former Turkish deputy prime minister Ali Babacan said he was applying on Monday to launch his long-awaited political party, eight months after he resigned from President Tayyip Erdogan's AK Party.

Hong Kong's Cathay Pacific Airways Ltd may fly only freight to Japan, and no passengers, if it retains some services whose cancellation it announced at the weekend over travel curbs prompted by a coronavirus, the airline said on Monday.

The dollar dived against the euro and yen on Monday as a slump in oil prices combined with coronavirus fears to drive U.S. yields to once-unthinkable lows.