Trading in options on Wall Street's fear gauge was impossible in the first minutes of Monday's session due to a complete absence of prices from the market makers on whom trading depends, a representative of index operator CBOE Global Markets Inc said.
An oil price plunge means the world's top energy companies will have to review promises to return billions to investors, either by slowing down share buybacks or reintroducing non-cash dividends, analysts said on Monday.
Twitter Inc announced a deal with Elliott Management and private equity firm Silver Lake on Monday, handing both board seats after a month in which activist investors were said to be pushing for the removal of Chief Executive Officer Jack Dorsey.
Apple sold fewer than half a million smartphones in China in February, government data showed on Monday, as the coronavirus outbreak crippled demand.
Wall Street's main stock indexes plummeted and the Dow Jones Industrials crashed 2,000 points on Monday as a 22per cent slump in oil prices and the rapid spread of the coronavirus amplified fears of a global recession.
REUTERS: Shares of Boeing Co dropped 12per cent on Monday after the planemaker's proposal to leave wiring bundles in place on the grounded 737 MAX failed to get the backing of U.S. aviation regulators, potentially delaying the plane's return to service. Boeing shares were down at US$231.60 in ......
The coronavirus will accelerate a Darwinian shakeout in Europe's overcrowded airline industry that ultimately benefits Ryanair and British Airways owner IAG, industry experts predict.
Indian automaker Mahindra & Mahindra has started assembling two of its small commercial trucks in Kenya, it said on Monday, becoming the latest global carmaker to start operations in East Africa's richest economy.
WASHINGTON: Governments should deploy "substantial" stimulus and international coordination to counteract the economic impact of the spreading COVID-19, the International Monetary Fund's (IMF) chief economist said Monday (Mar 9). Given the "acute shocks" caused to economies, consumers and ...
Twitter Inc announced a deal with Elliott Management and private equity firm Silver Lake on Monday, handing both board seats after a month in which activist investors were said to be pushing for the removal of Chief Executive Officer Jack Dorsey.
