Business

NEW YORK (Reuters) – Vermont Senator Bernie Sanders may be surging in the polls ahead of Super Tuesday, but some on Wall Street have made their own conclusions on what November will bring: four more years of President Donald Trump. Ninety-five percent of participants in a Deutsche Bank survey of investors, economists and other market

LONDON (Reuters) – Coronavirus panic sent world share markets skidding again on Friday, putting them on course for their worst weekly fall since the 2008 global financial crisis, with almost $6 trillion wiped from their market value so far this week. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of

BENGALURU (Reuters) – Global funds changed course in February and recommended a cut to equity allocations in their model balanced portfolio after taking them to a two-year high in January, instead suggesting an increase in bond holdings, Reuters polls showed. A trader works on the floor at the New York Stock Exchange (NYSE) in New

BEIJING (Reuters) – China’s top container ports are loosening the backlog of cargoes on their docks as workers return to their posts after coronavirus travel curbs that kept them away and jammed up global supply chains have been eased. A foreman wearing a face mask works as a cargo ship docks at a container terminal

WASHINGTON (Reuters) – Delta Air Lines Inc (DAL.N) said on Wednesday it would temporarily cut flights to and from South Korea, citing global health concerns related to the coronavirus outbreak as U.S. airlines grapple with lagging travel demand. FILE PHOTO: Delta airlines logo is seen inside of the Commodore Arturo Merino Benitez International Airport in

FILE PHOTO: A woman looks at her phone as she walks past a branch of Lloyds Bank in London, Britain, July 20, 2018. REUTERS/Toby Melville/File Photo LONDON (Reuters) – Britain’s biggest domestic bank Lloyds (LLOY.L) is planning to axe 780 jobs as part of ongoing cost-cutting at the lender, union Unite said on Wednesday. The

(Reuters) – Walt Disney Co’s (DIS.N) Robert Iger will step down as chief executive officer, handing the reins to Disney Parks head Bob Chapek, the company said on Tuesday, ending years of speculation on who will take over Hollywood’s most powerful studio. FILE PHOTO: Chairman and Chief Executive Officer of The Walt Disney Company, Robert

LONDON (Reuters) – Oil fell towards $56 a barrel on Tuesday, declining for a third session, as concerns about the spread of the coronavirus and its impact on oil demand outweighed OPEC output cuts and Libyan supply losses. FILE PHOTO: Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019. REUTERS/Nick Oxford/File Photo

FILE PHOTO: A Huawei logo is seen on a device at a media event in London, Britain, February 18, 2020. Picture taken February 18, 2020. REUTERS/Peter Nicholls (Reuters) – U.S. government officials are still considering ways to further curb sales to China’s Huawei Technologies, despite President Donald Trump’s tweets and comments last week in support

SYDNEY (Reuters) – Global shares and oil extended losses on Monday while safe-haven gold soared as the spread of the coronavirus outside China accelerated with infections jumping in South Korea, Italy and the Middle East, in a worrying new development in the outbreak. FILE PHOTO: An investor is reflected in a window in front of

RIYADH/WASHINGTON (Reuters) – Central bankers from the United States, Japan and the euro zone meeting in the desert kingdom of Saudi Arabia this weekend had their own shifting sands to cross – those of elusive inflation. FILE PHOTO: European Central Bank President Christine Lagarde arrives for a welcome dinner at Saudi Arabia’s Murabba Palace during

Residents sanitize at a church in Seoul, South Korea, February 22, 2020. Yonhap via REUTERS SEOUL (Reuters) – Samsung Electronics (005930.KS) said on Saturday that one coronavirus case had been confirmed at its mobile device factory complex in the southeastern city of Gumi, causing a shutdown of its entire facility there until Monday morning. Samsung

FILE PHOTO: Axel Weber, UBS Chairman of the Board of Directors, attends a session during the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 22, 2020. REUTERS/Denis Balibouse VIENNA (Reuters) – Markets are underpricing the risk that the coronavirus outbreak poses to the global economy, and central banks need to help business

FILE PHOTO: Juul brand vape cartridges are pictured for sale at a shop in Atlanta, Georgia, U.S., September 26, 2019. REUTERS/Elijah Nouvelage/File Photo (Reuters) – U.S. regulators have opened a probe regarding Marlboro maker Altria Group Inc’s (MO.N) investment in e-cigarette maker Juul Labs Inc, according to a person familiar with the matter. The U.S.

FRANKFURT (Reuters) – Tesla Inc said it had resumed tree cutting in Gruenheide, Germany so it can construct its first European car and battery factory following moves by environmentalists to stop local deforestation. FILE PHOTO: Logged trees are seen, after a court ordered to stop clearing forest land for a Tesla Gigafactory, in Gruenheide near

LONDON (Reuters) – British entrepreneur Richard Branson will unveil the “Scarlet Lady” on Friday, a 60,000 tonne cruise liner complete with a tattoo studio and yoga deck aimed at drawing in a younger generation of holiday-makers. FILE PHOTO: Sir Richard Branson stands on the floor of the New York Stock Exchange (NYSE) ahead of Virgin