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US markets tumble as coronavirus fears mount

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Futures inch lower on worsening China virus concerns, mixed earnings

The S&P 500 edged 0.26% lower to 3,313.19 and the Nasdaq Composite slipped 0.14% to 9,371.02. Japan's Topix index dipped 0.1%. At 10.12am local time, the Do...

China reports 830 confirmed cases of new coronavirus pneumonia

Amid the outbreak of the virus, several Chinese cities have been put on lockdown, while Beijing has chose to suspend all festivities for the Chinese New Ye...

Oil prices slip amid over-supply worries

Unless oil services come back to operation rapidly, OPEC associate Libya's crude production will fall to almost 72,000.1 barrel per day from almost 1.2 millio...

Agree a trade deal or face 'very high tariffs — Trump to EU

The Trump administration has made a similar threat to European Union member states - tariffs potentially as high as 25 percent on vehicles imported into the...

Singapore's 1st coronavirus case is a Wuhan man

On China's Weibo messaging service, state-run newspaper Beijing Evening News said the city government is canceling the events "to strengthen prevention and ...

GM unit unveils self-driving auto but not availability

It provided no details on how many vehicles it planned to produce or whether it had begun test drives on closed tracks. Ammann says that Cruise is working ver...

Tesla’s valuation tops $100-billion as stock rally continues

Tesla Inc became the first Sh10 trillion ($100 billion) publicly listed US carmaker in extended trading on Tuesday, in a sign of Wall Street's confidence in an...

World Health Organization holds off declaring global outbreak of Wuhan coronavirus

On Tuesday, a case of the coronavirus was reported in Seattle . Wuhan is a city of several million people in China's central Hubei province. Wuhan is s...

Delta giving away $1.6B in bonuses on Valentine’s Day

And, yes, that 2019 bonus amount IS a record for the company, which is based in Atlanta. It has also been the sixth consecutive year that Delta has paid more ...

Donald Trump to warn UK against ‘discriminatory’ tax on tech giants

Washington said Britain had insisted on implementing the measure in April. However, France this week agreed to suspend a similar measure for fear of United St...

Prince Charles Meets Greta Thunberg At World Economic Forum In Davos

Last week its chief executive Larry Fink, in his annual letter to businesses , wrote: "Climate change has become a defining factor in companies' long-term pros...

B.C. health authorities 'closely monitoring' coronavirus after Washington case

The deputy head of China's National Health Commission, Li Bin, told reporters in Beijing earlier that experts from Taiwan had been invited to visit Wuhan an...

Central Bank Digital Currencies to Be Explored by Bank of England

Last year BoE Governor Mark Carney took aim at the US dollar's "destabilizing" role in the world economy and said central banks might need to join together to c...

Amazon India aims to add 10,000 electric delivery rickshaws by 2025

The move follows successful pilot projects in various cities in the past year, which have helped Amazon India to develop scalable and long-term EV variants ...

IEA: Green energy shift needs 'deep pockets' of oil and gas industry

Around 15% of global energy-related emissions come from the process of getting oil and gas out of the ground and to consumers, the IEA said. "Overall, there are...

READ: McConnell lays out terms for Senate impeachment trial

The Senate will then vote on whether to approve any additional evidence or witnesses in the proceedings. However, it will continue six days a week, Monday throu...

Historic Trump impeachment trial to begin in earnest

The impeachment trial marks a historic moment in the United States , highlighting the deep divisions in the country. "The eyes of America are watching". The 1...

International Monetary Fund affirms 2.5% growth forecast for Nigeria’s economy in 2020

Global growth is projected to rise from an estimated 2.9 per cent in 2019 to 3.3 per cent in 2020 and 3.4 per cent for 2021, a downward revision of 0.1 percenta...

S. Korea considering imposing 20% tax on cryptocurrencies

When viewed as capital gains, the bureau had to first be given trading data from crypto exchanges in order to ascertain the tax obligations and calculate th...

UberEats' India business acquired by local rival Zomato

Indian online food delivery startup Zomato on January 21 said it had agreed to buy Uber Technologies's Indian food delivery business in an all-stock deal. The...

UK PM says Britain will be more open to Africans after Brexit

After highlighting all Britain has to offer, he said Brexit would mean an end to preferential treatment for European Union migrants. Mr Johnson has already ...

France's Macron Tells Global CEOs: We're Open For Business

The presidents of France and the US agreed Monday to work together to resolve a spat between their two countries over Paris' digital services tax. The White H...

Libya oil production nosedives as Haftar ignores calls to end war

Libya has been plagued with violence and unrest since a NATO-backed campaign ousted longtime dictator Muammar Qaddafi in 2011. Libya's two main rival leaders,...

Climate activists march on Davos

On the first day of the forum, Prime Minister Borissov will attend a dinner given by Professor Klaus Schwab , founder of the World Economic Forum . The prim...

Trump backers and critics clash as impeachment trial nears

The team, led by White House counsel Pat Cipollone and Mr Trump's personal lawyer Jay Sekulow , said they challenging the impeachment on both procedural and co...

Toyota relocates Tacoma pickup complex from US to Mexico

Toyota will shift production of the Sequoia in 2022 to Texas and that plant will end production of the Tacoma by late 2021. At a celebration in Princeton th...

China to ban disposable plastic from cities, restaurants

Reports say that the Chinese government, amongst other Asian countries, is taking the single-use plastic bag challenge quite seriously, and the new policy i...

22 men are richer than 325 million women in Africa - Oxfam report

In it's " Time to Care " report highlighting gender inequality, the organization has concluded that "the 22 richest men in the own more wealth than all Afri...

International Monetary Fund lowers growth forecasts for SA economy

However, the report stated that growth is expected to pick up to 6.5 percent in FY22, supported by monetary and fiscal stimulus as well as subdued oil prices. S...

Buhari flies out Friday to attend UK-Africa Summit in London

The statement said the summit would cover topics such as trade and investment, infrastructural development, sustainable finance, the role of the city of London ...

Best Buy says it is reviewing allegations made against CEO

The company declined to reveal the contents of the letter. "We encourage the letter's author to come forward and be part of that confidential process", Best ...

Cruise: Grandpa Leaned Out of the Window Before Falling Girl - WSVN 7News

Royal Caribbean cruise line has responded to a lawsuit filed by the family of Chloe Wiegand , the Michiana toddler who fatally fell from a cruise ship windo...

Countdown clock to be projected onto Number 10 to mark Brexit day

A "friendship group" has been set up by Members of the European Parliament, aiming to forge closer links with the United Kingdom as it leaves the EU. "The gover...

Toyota and Joby Aviation going to new heights

Toyota Motor Corp . has invested $394 million (about 43 billion yen) in a US venture firm that develops aerial vehicles, as the automaker seeks to make its mark...

Jeff Bezos-Owned Washington Post Slammed by Government Over Editorial Policies

If you look at the context of my statement, I said investment should come within the law and regulations. "So, it is not as if they are doing a great favour t...