Markets

Treasury Secretary Steven Mnuchin said on Friday he expects 2020 U.S. GDP growth to be less than 3per cent, partly due to problems at Boeing Co , which halted production of its 737 MAX planes over safety issues.

Three more people on a cruise ship off Japan have tested positive for the new coronavirus, bringing the number aboard to 64, the government said Saturday, with passengers facing a two-week quarantine.

Treasury Secretary Steven Mnuchin said on Friday he expects 2020 U.S. GDP growth to be less than 3per cent, partly due to problems at Boeing Co , which halted production of its 737 MAX planes over safety issues.

A raft of earnings reports from consumer discretionary companies and U.S. retail sales data set for the coming week could help investors determine to what extent the coronavirus is hitting consumer demand.

Twitter confirmed on Friday that the official Twitter accounts of social media giant Facebook Inc and its Messenger platform were hacked.

WASHINGTON: US weapons maker Lockheed Martin Corp said on Friday (Feb 7) it will not participate in next week's Singapore Airshow over coronavirus concerns. "Following the Singapore Ministry of Health's Feb 7 declaration of a Code Orange health alert, we consulted with the US government and our ...

Europe's Airbus SE is likely to acquire Canadian plane and train maker Bombardier Inc's remaining stake in the A220 passenger jet program, two industry sources said.

U.S. Vice President Mike Pence on Friday and the top White House economic adviser dismissed an unusual suggestion from U.S. Attorney General William Barr that the United States consider taking control of two major foreign rivals of China-based Huawei Technologies Co Ltd.

Apple Inc is extending its retail store closures in China due to the coronavirus outbreak, even as it worked towards opening its corporate offices and contact centers, the iPhone maker said on Friday.

The Hong Kong economy has weathered two recent economic crisis over recent decades. But the novel coronavirus and continuing protests pose a different challenge, says Mohammed Abdul Shihab.