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Markets

Exclusive: StanChart says CEO Winters will stay to execute current strategy

Standard Chartered Chief Executive Bill Winters is expected to stay at the bank until the conclusion of its current strategy, its Chairman Jose Vinals said in an internal memo seen by Reuters on Friday.

Markets

US telehealth companies brace for demand spike as coronavirus spread accelerates

The U.S. telehealth industry, including market leader Teladoc Health Inc, is preparing for a surge in demand as public health officials aiming to contain the fast-spreading new coronavirus encourage use of alternatives to clinic visits and patients seek to avoid public spaces.

Markets

Thyssenkrupp shares hit record low as investor faith dwindles

Thyssenkrupp shares hit a record low on Friday, prompting its finance chief to come out and defend the ailing conglomerate which must convince investors that it can earn cash following the sale of its elevator division.

Markets

US House panel faults FAA review of Boeing 737 MAX, plane design failures

A U.S. House investigative report into two Boeing 737 MAX crashes that killed 346 people will fault the Federal Aviation Administration's (FAA) approval of the plane and Boeing's "design failures."

Markets

Morgan Stanley shifts staff to London Heathrow site to counter virus: sources

Morgan Stanley is shifting part of its London-based sales and trading staff to a secondary site near Heathrow airport to ensure its trading desks can operate smoothly through the coronavirus outbreak, two sources familiar with the matter said.

Markets

Exclusive: US House panel faults FAA review of Boeing 737 MAX, plane design failures

A U.S. House investigative report into two Boeing 737 MAX crashes that killed 346 people will fault the Federal Aviation Administration's (FAA) approval of the plane and Boeing's "design failures."

Markets

Tesla advertises for solar, energy storage staff in China

Tesla Inc has advertised for solar and energy storage project managers in China, as the U.S. electric vehicle maker moves to expand its energy business into the country.

Markets

US consumer finance regulator seeks to pay whistleblowers for tips

The head of the U.S. Consumer Financial Protection Bureau (CFPB) said on Friday that she is asking Congress to give the regulator power to pay whistleblowers for tips that help them track down wrongdoers.

Markets

Investors flee Wall Street, seek shelter in bond and gold

U.S. stock markets tanked and the Dow Jones Industrials shed more than 800 points on Friday, as the global tally of coronavirus infections surpassed 100,000 and jittery investors took cover in the perceived safety of bonds and gold.

Markets

US may take targeted steps to stimulate economy amid coronavirus: Kudlow

The Trump administration may take targeted steps to stimulate the U.S. economy amid the coronavirus outbreak that is likely to temporarily drag down some sectors, White House economic adviser Larry Kudlow said on Friday, adding that more information was needed first.

Markets

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