Nasdaq News

Keeping financial markets open is vital for the economy to function properly during the coronavirus epidemic, Steven Maijoor, chair of the European Union's markets watchdog, said on Monday.

These are truly unprecedented times, and the spread of coronavirus disease 2019 (COVID-19) is squarely to blame.

A look at the day ahead from chief correspondent emerging markets Karin Strohecker. The views expressed are her own.

The COVID-19 pandemic is disrupting our lives in ways no one could have anticipated. Its most devastating impact has been the thousands of deaths worldwide since the outbreak began, but it may have even further reaching economic consequences.

(RTTNews) - European stocks tumbled on Monday to hover near seven-year lows as the coronavirus' spread continued unabated and the U.S. Senate failed to advance a third economic stimulus package to help Americans and the American economy weather the pandemic.

The spreading coronavirus outbreak will trigger a short, sharp global recession this year before the world's economy bounces back in 2021, Canada's trade financing agency predicted on Monday.

BUSU-MANDJI, Democratic Republic of Congo, March 23 T homas the Tank Engine beams from the front of Dobo Mambanza's ripped pullover. Unlike the cartoon train's face, Dobo's is blistered and scrunched as she struggles for breath, her eyes shuttered and weeping. The three-year-old is going blind.

Industrial vehicle maker CNH Industrial said on Monday it appointed Chairman Suzanne Heywood as acting chief executive officer to replace outgoing CEO Hubertus Muhlhauser.

Plus-sized fashion retailer N Brown has maxed out its main credit facilities and may need further funds under a downside scenario for the coronavirus shutdown, the company said on Monday.

Kazakh President Kassym-Jomart Tokayev ordered state-owned companies on Monday to start selling part of their foreign currency revenue on the domestic market to support the local tenge currency, his office said.

The euro area's bond markets steadied on Monday after days of heightened volatility and wild swings, as investors assessed the impact of massive fiscal and monetary stimulus in the face of coronavirus.

Stock markets in the Middle East dropped on Monday as a rising number of lockdowns in the region and elsewhere worsened fears of a deep, coronavirus-driven global recession.

China stocks on Monday closed at their lowest in more than a year as worldwide lockdowns and travel curbs to counter the coronavirus pandemic stoked fears of a global recession.

Cellcom, Israel's largest mobile phone operator, reported a wider quarterly net loss, weighed down by an expense for a voluntary retirement plan, and warned the coronavirus outbreak would harm future earnings.

(RTTNews) - German luxury fashion brand Hugo Boss AG (HUGSF.PK) announced Monday that Chief Executive Officer Mark Langer will leave the Managing Board with effect as of September 30, 2020.

Filipino teacher Raven Kate De Leon is in demand, spending up to 10 hours a day at her home computer surrounded by mini cars and stuffed toys that she uses as props to inject fun into her English classes for students far away in China.

Russian state-controlled VTB bank, which has been expanding its grain business, has bought a half of the Taman grain terminal in the Russian part of the Black Sea from Ukraine's Kernel, it said on Monday.

Swedish lender Swedbank on Monday canceled severance pay of its ex-CEO Birgitte Bonnesen after a report by its law firm said she failed to address deficiencies in the bank's anti-money laundering controls during her years at the helm.

With more employees working from home to help slow the spread of the coronavirus, demand is surging for laptops and network peripherals as well as components along the supply chain such as chips, as companies rush to build virtual offices.

British companies including home improvement group Kingfisher said they would delay full-year results for at least two weeks, heeding a call from the financial markets regulator on Saturday.