Markets

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.

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.

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.

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

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.

Toyota Motor Corp on Friday said production at all of its plants in China would remain suspended through Feb. 16, joining a growing number of automakers facing output stoppages due to supply chain issues as the coronavirus outbreak spreads.

A U.S. appeals court said late on Thursday it will not reconsider an October ruling that largely upheld the repeal of landmark net neutrality rules, rejecting requests by 15 U.S. states, and tech and advocacy groups.

Boeing narrowly missed a "catastrophic failure" during its December flight test of an unmanned space taxi that was cut short by an unrelated problem, a NASA safety review panel said Thursday, recommending that the agency examine Boeing's software verification process before letting it fly humans to ...

ViacomCBS is working on a streaming service that will build on CBS All Access, CNBC reported on Thursday, citing people familiar with the matter.

The U.S. International Trade Commission said on Thursday it was launching a patent investigation into certain audio players and controllers sold by Alphabet Inc's Google LLC based on a complaint by rival smart speaker maker Sonos Inc .