Markets

LONDON: European markets slid on Thursday (Jan 23) on investor nervousness surrounding the spread of a deadly new virus from China as authorities strove to contain the disease. "Traders are cutting their exposure to stocks for fear the health crisis will spread," said David Madden, market analyst ...

Central banks are looking at creating their own digital currencies - a stark contrast to the ethos of cryptocurrencies that seek to subvert mainstream authority over money.

The White House on Thursday said it is taking reports about the hacking of Amazon chief and Washington Post owner Jeff Bezos' phone seriously, after reports raised questions about the possible involvement of Saudi Arabia's crown prince.

A U.S. regulator said it will review part of a recommendation made last fall that India's Mahindra and Mahindra Ltd infringed upon the intellectual property rights of Fiat Chrysler Automobiles' Jeep SUV design.

Comcast Corp on Thursday beat Wall Street's revenue and profit estimates due to growth in broadband customers, but the company lost more cable TV subscribers than Wall Street expected and its NBC Universal unit revenues were hurt as the film "Cats" bombed at the box office.

A rising number of central banks are likely to issue their own digital currencies in the next few years, research by the Bank for International Settlements (BIS) showed on Thursday, as interest in the technology heats up.

Greece's top administrative court has ruled in favour of extraditing to France a Russian man suspected of laundering billions of dollars in digital currency, a judicial official said on Thursday.

Popular video app TikTok said on Thursday it had partnered with Merlin Networks, bringing its users a wider choice of music from the labels and distributors associated with the digital rights company.

European Central Bank president Christine Lagarde was slightly more upbeat on Thursday (Jan 23) about risks to the eurozone economy, and insisted climate change would be central to a rethink of the institution's goals and methods.

iPhone maker Apple on Thursday pushed back against EU lawmakers' call for a common charger, warning the move could hamper innovation, create a mountain of electronic waste and irk consumers.