[ad_1] NEW YORK (Reuters) – Global equity markets and government debt yields slumped on Friday as nagging concerns about the impact of the coronavirus on global growth overshadowed a strong U.S. jobs report that indicated
Stocks fall on fears China virus to slow growth, gold gains
[ad_1] NEW YORK (Reuters) – Global equity markets and government debt yields slumped on Friday as growing concerns about the impact of the coronavirus on global growth overshadowed a strong U.S. jobs report that indicated
Oil dips as Russia needs time to mull more OPEC+ supply cuts
[ad_1] NEW YORK (Reuters) – Oil prices edged lower on Friday as Russia said it needed more time before committing to output cuts sought by other large producers as the coronavirus outbreak fans worries about
Fed says risks to economy easing, but calls out coronavirus in report to Congress
[ad_1] WASHINGTON (Reuters) – A “moderately” expanding U.S. economy was slowed last year by a manufacturing slump and weak global growth, but key risks have receded and the likelihood of recession has declined, the U.S.
White House adviser says UK’s 5G actions won’t hinder trade deal
[ad_1] FILE PHOTO: A smartphone with the Huawei and 5G network logo is seen on a PC motherboard in this illustration picture taken January 29, 2020. REUTERS/Dado Ruvic/Illustration WASHINGTON (Reuters) – Britain’s decision to grant
Biggest German industry slump in a decade revives recession fears
[ad_1] BERLIN (Reuters) – German industrial output suffered its biggest fall in December since the recession-hit year of 2009, a shock drop highlighting the weakness in manufacturing that risks dragging Europe’s largest economy into contraction
Burberry says coronavirus hurting luxury demand
[ad_1] LONDON (Reuters) – Burberry said the outbreak of the coronavirus was hitting luxury demand in China and Hong Kong, both important markets for the British fashion brand, sending its shares lower for a second
Ericsson pulls out of major Barcelona conference over coronavirus
[ad_1] STOCKHOLM/PARIS (Reuters) – Swedish telecom equipment maker Ericsson withdrew on Friday from this month’s major international telecoms conference in Barcelona due to the coronavirus outbreak, becoming the second major exhibitor to pull out. An
Global defence firms line up as India goes shopping to update ageing fleet
[ad_1] LUCKNOW (Reuters) – U.S. and European defence firms backed Indian Prime Minister Narendra Modi’s military modernisation drive at a defence exhibition on Friday, despite a lengthy procurement process running into years and limited funds.
Gold steadies as virus concerns stall stock markets
[ad_1] (Reuters) – Gold inched up on Friday as a rally in global stock markets briefly stalled due to worries over the economic impact from the coronavirus, while investors awaited U.S. jobs data for indications