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Markets

Tesla’s surge inspires fans to buy, skeptics to dig in, drives fear of missing out

Pretty much everyone on Wall Street has an opinion about Tesla.

Markets

From black swan to bubble: as virus concerns fade, investors worry about a melt-up

When worries over the coronavirus shook U.S. stocks out of a period of quiet trading last week, investors wondered if the outbreak was the “Black Swan” event that would trigger a sharp decline. Less than a week later, talk has turned instead to a market melt-up.

Markets

Foxconn, Chinese firms refit production lines to make masks amid virus outbreak

A number of Chinese manufacturers including a subsidiary of Apple Inc partner Foxconn have refitted production lines to make masks and medical clothing, as a deadly coronavirus spreads across China.

Markets

Fish talks: US official says successful talks crucial for WTO

The United States said on Thursday it was pushing hard for the World Trade Organization to reach agreement on cutting fishing subsidies in coming months and viewed those talks as a test of whether the global body can still achieve multilateral deals.

Markets

Boeing’s fraying 737 MAX suppliers see capacity crunch

Boeing Co suppliers are shedding jobs and capacity to cope with a halt in 737 MAX output, but while that staves off chaos, aerospace executives worry the industry might be unable to ramp factories quickly enough when the plane wins approval to fly again.

Markets

Trump, Xi reaffirm backing for Phase 1 of US-China trade deal

U.S. President Donald Trump expressed confidence in China's strength and resilience in confronting its coronavirus outbreak during a conversation with President Xi Jinping on Thursday, a White House spokesman said.

Markets

Exclusive: Goldman Sachs to raise US$8 billion for new buyout fund – sources

Goldman Sachs Group Inc plans to raise US$8 billion in only its second buyout fund since the 2008 financial crisis, bolstering its ability to secure deals worldwide, said two people with direct knowledge of the matter.

Markets

Art Basel cancels Hong Kong fair over coronavirus outbreak

Art Basel is to cancel its Hong Kong fair because of the coronavirus outbreak, it said Friday, scrapping one of the international art market's largest and most prestigious events.

Markets

Honda to keep vehicle plants in Wuhan suspended through Feb 13

Honda Motor Co said Friday it will keep operations at its vehicle plants in Wuhan, China, suspended through Feb. 13, as previously planned.

Markets

Pinterest shares surge as revenue, user adds beat estimates

Image sharing company Pinterest Inc beat analysts' estimates for fourth-quarter revenue and profit on Thursday, as efforts to improve user interaction and expand globally paid off, sending its shares surging 17per cent in extended trading.

Markets

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