News

U.S. health insurer Centene Corp lowered the outlook for adjusted annual earnings on Tuesday, sending its shares down about 3% after the bell.

The International Monetary Fund and the World Bank, citing growing concerns about the fast-spreading coronavirus, on Tuesday said they will adopt a "virtual format" for their Spring Meetings instead of convening in person in Washington.

Brazil's central bank said on Tuesday it is monitoring the impact on domestic economic and financial conditions resulting from the coronavirus outbreak and the negative effect it is having on the global economy.

Investment group Exor said on Tuesday it has entered a memorandum of understanding (MoU) to sell its 100% stake in Bermuda-based reinsurer PartnerRe to France's Covea for $9 billion in cash.

Australian shares were set to fall at open on Wednesday as investors feared that interest rate cuts would not be enough to combat the economic impact of the coronavirus outbreak. The U.S. Federal Reserve on Tuesday announced an emergency half-percentage point interest rate cut, becoming...

JPMorgan Chase & Co is asking thousands of U.S. employees to spend a day working from home in the coming weeks to test its contingency plans should the coronavirus spread, sources familiar with the plan told Reuters.

Low-carbon measures face potential anger from some Tory MPs who fear brake on growth

The Federal Reserve's next policy decision in two weeks' time will be driven by the latest news on how the coronavirus is affecting the economy, Cleveland Federal Reserve Bank President Loretta Mester said on Tuesday after an emergency rate cut.

Big Four accountant tells staff they can return to work in the City

Hedge fund MG Capital Management Ltd has asked the board of HC2 Holdings Inc, a holding company for industrial and manufacturing businesses, to investigate the acquisition of a long-term care business it carried out two years ago, according to an MG letter seen by Reuters.