(RTTNews) - U.K. stocks were deep in the red on Friday as coronavirus fears continued to dent sentiment. So far, a total of 97,852 infections have been confirmed worldwide, and more than 3,300 people have been killed by the virus.
Tension flared at Greece's mainland border with Turkey early on Friday as volleys of tear gas were fired from the Turkish side of the fence towards Greek border guards.
Allied Irish Banks (AIB) said it plans to cut its workforce to below 8,000 by 2022, a sharper reduction than previously flagged, after it reported on Friday a 23% dip in pre-exceptional full year profits before tax.
South Africa's rand traded slightly firmer early on Friday, recovering from a sharp dip in the previous session after the country confirmed its first case of coronavirus.
Britain's FTSE 100 index is seen opening 114 point lower on Friday, according to financial bookmakers, with futures FFIc1 down 1.8% ahead of the cash market open.
The Russian rouble firmed on Friday, rising off a 14-month low against the dollar reached on Thursday, but falling oil prices and uncertainty over coronavirus continued to weigh heavily on risk assets ahead of a crucial OPEC+ meeting.
(RTTNews) - Shares of federated network and logistics technology solutions provider The Descartes Systems Group Inc (DSGX) were up $2.55 or 6.37% on Thursday after the company's fourth-quarter earnings beat estimates.
German industrial orders surged in January on bumper aerospace and mechanical engineering bookings, the Federal Statistics Office said on Friday, giving the manufacturing sector a big boost at the start of a quarter marred by the coronavirus.
Norway's Elkem, a supplier of silicone and silicon materials, has temporarily closed its head office in Oslo after an employee tested positive for coronavirus, the company said on Friday.
Airbus is battling to shore up support for its A330neo wide-body passenger jet as the coronavirus crisis, geopolitics and trade wars raise fresh questions over demand for the aircraft, industry sources said.
China stocks post their biggest weekly advance in a year even as they slipped on Friday, tracking losses in overseas markets, as investors expected more policy support to shore up the world's second-largest economy hit by the coronavirus outbreak.
AstraZeneca Plc said on Friday its combination treatment for a form of bladder cancer failed to meet the main goal of improving overall survival in patients with an advanced form of the disease in a late-stage study.
Australia and New Zealand Banking Group announced job cuts at its retail distribution and financial planning business on Friday, and while the bank did not specify how jobs would be cut, a union said 230 would be lost.
Germany's BASF, Finland's Fortum and Russia's Nornickel on Friday said they signed an agreement to map out a battery recycling cluster in Finland to cater the electric vehicle market.
China-listed brokerages reported a jump in February earnings as their trading and underwriting businesses benefited from Beijing's monetary easing and relaxed financing rules aimed at softening the economic blow from the coronavirus.
Sequoia Capital, one of the world's top venture capital firms, sent a note to the founders and CEOs of its companies on Friday describing the coronavirus as "the black swan of 2020" and urging them to brace for coming economic shocks.
(RTTNews) - Indian shares succumbed to heavy selling pressure on Friday after a rout in U.S. stocks overnight on worries about new coronavirus surge and a deepening crisis in India's banking sector.
The World Anti-Doping Agency (WADA) said on Friday that it had failed in its bid to convince Mexican authorities to keep open the country's accredited anti-doping laboratory.
The dollar nursed savage losses against the yen and euro on Friday as a plunge in U.S. yields to record lows wiped out the currency's single greatest attraction for investors - higher interest rates.
Reuters
Checked
22 minutes 4 seconds ago
This feed is responsible for generating the rss feed related to the topic latest article