Markets

During the early days of March, Jill Fopiano was having trouble sleeping, waking up at 3 o'clock in the morning, maybe 4 o'clock. She'd been watching news of a virus in China, first out the corner of her eye – was this like swine flu? – then more squarely,...

Louis Vuitton owner LVMH on Thursday posted a 17per cent drop in comparable sales in the first quarter due to the coronavirus outbreak, as lockdowns imposed in Europe and elsewhere forced it to close stores and production sites.

BRUSSELS: Mobile apps to track coronavirus cases in Europe should keep as much data as possible on the user's device rather than in a central server, to best maintain individual privacy, an EU document says. European countries hope that rolling out mobile apps to track coronavirus cases will make...

Swiss supervisor FINMA has received cryptocurrency project Libra's application for a payment system licence, it said on Thursday, after the Geneva-based association announced a major revamp of its planned payments system and oversight by global watchdogs.

Peugeot-owner PSA and Renault are planning new safety measures in a push by France's major industrial groups for a breakthrough with workers to reopen some factories before the government lifts its lockdown from mid-May, unions said.

Delivery business DHL is struggling to cope with a flood of parcels from online purchases due to the coronavirus crisis, forcing it to cut back extra collections from retailers in Germany, parent company Deutsche Post said on Thursday.

British insurer Aviva said on Thursday its executive directors and leadership team would not be considered for any bonus for 2020 until dividends are restarted.

Facebook's planned cryptocurrency Libra will be linked to individual national currencies and overseen by global watchdogs in a scaled-back revamp it hopes will win regulatory approval.

Billionaire Paul Singer’s Elliott Management said global stocks could tumble more - ultimately losing half of their value from February's high - as the world braces for the deepest recession since the 1930s-era Great Depression, according to a letter sent to clients on Wednesday and reviewed by ...

The Federal Reserve's program to back emergency government loans to small businesses is "fully operational," the U.S. central bank said on Thursday.