Markets

Facebook Inc said on Friday it had cancelled its global marketing summit scheduled for next month in San Francisco due to coronavirus-related risks.

Billionaire Ray Dalio's Bridgewater Associates, Viking Global Investors, and Granite Point Capital were among prominent hedge funds placing new bets on electric carmaker Tesla Inc in the fourth quarter, positioning them to gain from its nearly 100per cent rally over the first six weeks of the year.

Google on Friday called on Europe's second-top court to throw out what it called an eye-catching 2.4 billion euros (US$2.6 billion) EU antitrust fine, saying there was no factual or legal basis to the inflated amount.

Apple Inc said on Friday it would reopen one of the seven retail stores it has in Shanghai from Feb. 15 with reduced working hours, a day after the iPhone maker said a few retail stores in Beijing would start functioning from Feb. 14.

Apple Inc said on Friday it would reopen one of the seven retail stores it has in Shanghai from Feb. 15 with reduced working hours, a day after the iPhone maker said a few retail stores in Beijing would start functioning from Feb. 14.

Venezuela's state energy firm PDVSA has been shipping more oil this month to close ally Cuba, as tighter U.S. sanctions have worsened fuel shortages on the Caribbean island, according to sources and internal company documents seen by Reuters.

Google on Friday called on Europe's second-top court to throw out what it called an eye-catching 2.4 billion euros (US$2.6 billion) EU antitrust fine, saying there was no factual or legal basis to the inflated amount.

Some of the world's biggest aircraft buyers are urging the European Union to clear Boeing's tie-up with Embraer, fearing Embraer's commercial aviation business would struggle on its own now Airbus has swallowed its main competitor in regional jets.

Canada's biggest cannabis producer, Canopy Growth Corp , is conducting a "thorough strategic review" of its production facilities to focus on its most lucrative markets and product lines, company executives said on Friday.

When Victoria Beckham sends her models down the London catwalk on Sunday, many of her most important clients will not be sitting in the front row but following from afar as the coronavirus outbreak hobbles international events.