News

Federal Reserve Chair Jerome Powell on Friday said the central bank will "act as appropriate" to support the economy in the face of risks posed by the coronavirus epidemic, though he said the economy remains in good shape overall.

TMX Group, the operator of Canada's biggest stock exchange, has added more capacity to handle orders after record volumes the previous day caused a technical glitch and halted trading, its interim chief executive told Reuters on Friday.

Activist investor Clifton S. Robbins told clients on Friday that he is shuttering his Blue Harbour Group not because investors want their money back or because returns have lagged, but because he wants to do something different. "Our investors are very happy, and my energy and productive years ahead still amply...

Top U.S. regulatory officials are expected to discuss the market and economic implications of a potential coronavirus pandemic at an upcoming meeting of their systemic threat panel, three sources told Reuters.

This week's stock market plunge on coronavirus worries has given hedge fund managers a rare opportunity to brag that they are performing better than traditional stock market funds during a time of market stress.

Amazon.com deferred all non-essential travel, within the U.S. and beyond, and Google set new restrictions for travel to South Korea and other places, as corporations moved to protect employees from the spread of coronavirus.

Termination of Northern contract signals wider problems with privatised system

Federal Reserve Chair Jerome Powell on Friday said the central bank will "act as appropriate" to support the economy in the face of risks posed by the coronavirus outbreak, though he said the economy remains in solid condition.

Assets of group owned by industry to be moved on to government balance sheet

Despite signs some health infrastructure under strain, infection-control measures appear to be working