News coverage from the financial market.
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Asian shares recovered Friday after the WHO held off on declaring a global emergency over the coronavirus epidemic that is spreading across China. The WHO called for “an emergency in China” on Thursday, but stopped short of declaring the epidemic of international concern. On Thursday, European shares plunged as worries over the spread of a new
In terms of the ongoing concerns about the spread of the coronavirus, the second World Health Organization emergency meeting on coronavirus will start at 6 a.m Eastern Time. So far, China has confirmed over 540 cases of coronavirus. Wuhan authorities have shut down transportation and requested residents to avoid travelling to prevent further spreading of
Overview The beginning of a new decade was convulsive after US assassination of Iranian al-Quds commander Qassem Suleimani and Iran’s initial retaliation against two Iraqi bases housing US troops, financial markets moved into risk-off mode: oil prices spiked by 10%, the US and global equities dropped by a few percentage points and safe-haven bond yields
New form of Sars virus has already killed seventeen people and more than 540 cases are confirmed in China. The reason of spreading is probably from illegally-traded wildlife. SARS killed nearly 800 people on in China 18 years ago. That’s the reason why people start to panic and Panic is the reason which people starts
Shares of Netflix climbed as much as 2.3% in after-hours trading on Tuesday after the company reported fourth-quarter results. The stock was down slightly after it missed investor expectations for domestic user growth then later it moved up. Netflix announced earnings per share (EPS) of $1.30 on revenue of $5.47 billion. The stock reported
Long term problem about digital tax which imposed France on internet companies has biggest impact on the American companies. France earned more than 25 million euros imposing 3% tax on revenues digital services earned in France on July 2019. Cost of tax has already been 750 million euros worldwide which companies paid. France pushes to
U.S. electric car manufacturer Tesla has agreed to buy a property on the outskirts of Berlin, which will be a step closer to opening its first European factory, local authorities said on Sunday. Building such a facility in Europe’s largest car market is a major test of Musk’s global ambitions. Tesla confirmed the deal to buy