SINGAPORE/SYDNEY (Reuters) – Asian shares regained a measure of calm on Monday as markets bounced after a searing sell-off last week and as investors pinned hopes on a likely coordinated global monetary response to help soften the economic blow of the coronavirus outbreak. European stock futures also showed a higher opening for European markets, tracking […]

BERLIN (Reuters) – The consortium that won the bid to acquire Thyssenkrupp’s elevators division wants to spend billions of euros on expanding the business, a manager at one of three partners said in remarks published on Sunday. “The is no shortage of money for a global expansion,” Ranjan Sen, managing partner with private equity firm […]

LOS ANGELES — Fashion Nova has perfected fast fashion for the Instagram era. The mostly online retailer leans on a vast network of celebrities, influencers, and random selfie takers who post about the brand relentlessly on social media. It is built to satisfy a very online clientele, mass-producing cheap clothes that look expensive. “They need […]

WASHINGTON (Reuters) – U.S. consumer spending slowed in January and could lose further momentum as the fast-spreading coronavirus outbreak, which has sparked a stock market sell-off and revived fears of a recession, causes households to tighten their purse strings. Other data on Friday showed the goods trade deficit contracted sharply last month as both imports […]

Asda has launched its fifth collection with Billie Faiers, adding new additions to her popular baby range. The TV star and mum of two's latest edit features footwear as well as nursery and homeware pieces for the first time. The 56-piece collection, which has been designed in collaboration with Billie, is suitable for babies and […]

LONDON (Reuters) – – The London Stock Exchange Group (LSE.L) said on Friday it would complete its $27 billion takeover of analytics company Refinitiv on time this year as it reported a rise in annual income driven by a jump in clearing activity. The exchange’s chief executive David Schwimmer also said it was too early […]

(Reuters) – Futures indicated that the Dow Jones Industrials index would shed more than 300 points at the open on Thursday after the rapid spread of the coronavirus outside China deepened worries about growth and corporate earnings. The number of new infections in China, the source of the outbreak, was overtaken for the first time […]

Hundreds of jobs are set to be axed under Virgin Money's latest restructuring plans which will see 22 branches closed and 30 merged over the next 12 months. The lender has announced plans to shut a number of branches this year – alongside a consolidation of 30 more, after a merger with Clydesdale and Yorkshire […]

More than 82,000 people have been diagnosed with the life-threatening coronavirus – with almost 3,000 deaths now recorded, including 12 in Northern Italy. And with new cases of the virus being diagnosed in more locations every week, it's hard to predict where it will pop up next. As a result, airlines have grounded flights, while […]

BENGALURU (Reuters) – Global stocks have further to run this year, but the likelihood of a correction of 10% or more is high, according to Reuters polls of market strategists, with the severity of the economic hit from the coronavirus outbreak being the biggest risk. Last year was a bumper year for stocks, with all […]