Gold rose and global equity markets slid on Tuesday after Apple Inc said it was unlikely to meet its sales guidance because of the coronavirus outbreak in China, a warning highlighting the epidemic's threat to global growth and corporate profits.
Canada on Tuesday announced a change to a three-year-old financial stress test designed to reduce risky mortgage lending, potentially reigniting housing markets the measure was meant to cool.
Latin American currencies and stocks came under pressure on Tuesday as Apple Inc's sales warning underscored fears about economic damage from the coronavirus outbreak.
Chinese mining consortium Ecuagoldmining has initiated a dispute with Ecuador's government over a gold mining project that has been halted by objections from community activists, a move that could lead to a $480 million arbitration fight, an Ecuadorean official said in an interview on Tuesday.
Warren Buffett went grocery shopping the other day and ended up spending half a billion dollars. Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) revealed after the stock market closed on Friday that it had spent $549 million to acquire nearly 19 million shares of grocery store cha
NMC Health said on Tuesday it was 'disappointed' with the disclosures made by its founder B.R. Shetty and that it urgently sought clarity on his shareholding arrangements and holdings in the company.
Virgin Galactic Holdings Inc shares surged 24% on Tuesday, extending a rally since early December to over 400% and evoking a warning from an analyst who likes the space tourism company but warns it has become overbought.
(RTTNews) - The Switzerland stock market ended weak on Tuesday, in line with the trend seen across Europe, after Apple Inc warned of a fall in revenue in the March-quarter due to the coronavirus outbreak.
What happened
Shares of Inovio Pharmaceuticals (NASDAQ: INO) rose nearly 10% today after the company received an abundance of favorable media coverage over the weekend. In an interview with Yahoo Finance's On the Move, CEO Joseph Kim said the company had developed its experiment
Canada is changing the terms of a stress test designed to reduce risky mortgage lending, altering the benchmark rate that the test is based on, the finance department said in a statement on Tuesday.
What happened
Shares of Tesla (NASDAQ: TSLA) jumped higher on Tuesday. As of 12:30 p.m. EST, the stock was up about 6%. The gain adds to a torrid run-up for the electric-car maker's stock over the last six months.