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Oil falls for fifth day as coronavirus spreads outside of China

Oil prices fell for a fifth day on Thursday to their lowest since January 2019 as a growing number of new coronavirus cases outside of China deepened fears that the global economy will slow and lower crude demand.

Markets

Alphabet still facing questions over data use in its Toronto smart city project proposal

Alphabet's proposed "smart" city development in Toronto is facing fresh questions over the project's data-gathering technology from a panel advising the Canadian government-mandated body in charge of getting it built.

Markets

Is new Disney CEO Bob Chapek up to the task?

A global pandemic and the challenge of figuring out the future of entertainment greeted Bob Chapek on Wednesday as he took over as Chief Executive Officer of Walt Disney Co .

Markets

Apple investor vote sounds ‘warning’ over China app takedowns

Apple Inc's shareholders on Wednesday defeated a proposal critical of its removal of apps at the request of the Chinese government, but the proposal drew a much higher proportion of votes than similar proposals in previous years which had gained support only in single-digit percentages.

Markets

Canada mulling made-in-Ottawa supplement to Boeing’s 737 MAX flight manual

Transport Canada is mulling a Canadian supplement to the Boeing 737 MAX's U.S.-developed flight manual, as the regulator weighs going beyond steps taken by the Federal Aviation Administration (FAA) to end a global grounding of the model after two fatal crashes.

Markets

Exclusive: IMF, World Bank consider ‘virtual’ Spring Meetings as virus spreads

Growing concerns inside the International Monetary Fund and the World Bank about the spread of the new coronavirus have prompted the institutions to consider scaling back their Spring Meetings in April or hold them by teleconference, people familiar with the discussions said.

Markets

Air New Zealand warns of coronavirus impact as profits dive

WELLINGTON: Air New Zealand announced a 34 per cent fall in interim net profit on Thursday (Feb 27) and warned the novel coronavirus would hit the airline's bottom line as it slashes flights on Asian routes. The flag carrier posted a net profit of NZ$101 million (US$63.6 million) for...

Markets

A new calculator sheds light on high-flying US unicorn price tags

Common shares in many high-flying venture-backed startup companies are worth less than headlines lead some people to believe, and an online calculator that two finance professors debuted on Wednesday can now quantify that discrepancy.

Markets

Waymo joins backlash against California self-driving data requirement

Alphabet Inc's Waymo and General Motors Co's Cruise are leading a backlash against a California reporting requirement on self-driving vehicle test data that the companies claim is not relevant or accurate in measuring performance or progress.

Markets

P2P lenders face big test amid virus outbreak

FINTECHS such as peer-to-peer (P2P) lenders have burst onto the scene in the past few years to address a credit gap that they say is untouched by banks.

Markets

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