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Updated: 4 years 27 weeks ago
Australia sues Facebook, alleges breach of user data
The Australian privacy regulator filed a lawsuit against Facebook Inc , accusing the social media giant of sharing the personal details of more than 300,000 people with political consultant Cambridge Analytica without their knowledge.
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'No question' of India's Yes Bank merging with SBI: administrator
India's Yes Bank will not be merged with State Bank of India , which is set to infuse funds in the beleaguered lender, the newly appointed administrator leading the rescue plan said in a television interview on Monday.
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Tesco agrees sale of businesses in Thailand, Malaysia for $10.6 billion
Britain's biggest retailer Tesco said on Monday it will return $6.6 billion (5 billion pounds) to shareholders after agreeing to sell its businesses in Thailand and Malaysia to Charoen Pokphand Group for an enterprise value of $10.6 billion.
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Saudi Aramco shares open 10% lower as the oil price crumbles
Shares in Saudi Aramco plunged 10% in opening trade on Monday, following a sharp drop in oil prices after Saudi Arabia slashed its official selling prices for crude and set out plans for a dramatic increase in oil production next month.
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Oil suffers rout after Saudi Arabia fires first shot of price war
Losing more than a quarter of their value, oil prices were set on Monday for their biggest daily rout since the first Gulf War, after Saudi Arabia cut its official prices in a market already reeling from the impact of the coronavirus on global demand.
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World stocks sink on coronavirus shock, oil price crash
Global share markets plunged on Monday as panicked investors fled to the safety of bonds and the yen to hedge the economic trauma of the coronavirus, while oil plunged more than 30% after Saudi Arabia opened the taps in a price war with Russia.
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India's embattled Yes Bank debt writedown to hit sector capital-raising
The unexpected writedown of some bonds issued by crisis-hit Indian lender Yes Bank Ltd as part of a state-led rescue is set to raise borrowing costs and make capital-raising tougher for other banks, investors and analysts said.
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Oil crashes after Saudi Arabia starts price war amid slumping demand
Oil prices plummeted around 30% on Monday after Saudi Arabia slashed its official selling prices and set plans for a dramatic increase in crude production next month, starting a price war even as spread of the coronavirus erodes global demand growth.
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Exclusive: U.S., Canada, European nations meet to discuss concern over Mexico energy policy
The United States, the European Union, Canada and six European nations have held joint talks on concerns over Mexico's energy policy, sources told Reuters, as President Andres Manuel Lopez Obrador pushes for a bigger role for the state in the sector.
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Cathay could fly freight-only services on passenger jets after Japan curbs
Hong Kong's Cathay Pacific Airways Ltd may fly only freight to Japan, and no passengers, if it retains some services whose cancellation it announced at the weekend over travel curbs prompted by a coronavirus, the airline said on Monday.
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Oil crashes after Saudi Arabia declares price war amid coronavirus
Oil prices plummeted around 30% on Monday, with U.S. oil heading for its biggest loss on record, after Saudi Arabia slashed prices and set plans for a dramatic increase in crude production in April.
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World stocks toppled by coronavirus shock, oil price crash
Global share markets tumbled on Monday as panicked investors fled headlong to bonds to hedge the economic trauma of the coronavirus, and oil plunged more than 30% after Saudi Arabia opened the taps in a price war with Russia.
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Goldman cuts Brent forecasts to $30 on price war, virus impact
Goldman Sachs cut its second- and third-quarter Brent price forecasts to $30 per barrel, citing the oil price war between Russia and Saudi Arabia and a significant collapse in oil demand due to the coronavirus that has killed more than 3,500 globally.
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CME Group says U.S. stock futures hit down limit, continue to trade
Futures contracts on the U.S. stock market had hit their 5% overnight down limit but trading in the instruments continued, the CME Group said on Monday.
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Airport passenger traffic in Asia-Pacific set to plunge 24% in first quarter - industry group
Airport passenger traffic in the Asia-Pacific region is expected to take a 24% hit in the first quarter from the coronavirus, leading to a $3 billion decline in airport revenue and placing pressure on growth projects, an industry group said on Monday.
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U.S. stock futures sink by 5% down limit after crude rout
U.S. stock futures plunged 5% to hit their daily down limit and halt trading after the biggest single-day loss in oil futures in almost 30 years on Sunday exacerbated fears of a credit crunch across financial markets.
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Oil plunges 25% after Saudi Arabia slashes prices, says will open taps
Oil prices plunged around 25% on Monday, heading towards their biggest daily loss since 1991 after Saudi Arabia slashed prices and set plans for a big increase in crude production in April.
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World shares trampled in coronavirus panic, oil prices plunge
Global share markets tumbled on Monday as panicked investors fled to bonds to hedge the economic shock of the coronavirus, and oil plunged more than 20% after Saudi Arabia slashed its official selling price.
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Shares sunk by coronavirus panic, oil prices plunge
Asian shares sank in a sea of red on Monday as panicked investors fled to bonds to hedge the economic shock of the coronavirus, and oil plunged more than 20% after Saudi Arabia slashed its official selling price.
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Analyst View: Oil price plunge, coronavirus fears unleash market chaos
Financial markets have been thrown into turmoil following Saudi Arabia's response to the collapse of OPEC+ talks and concerns about the global spread of the coronavirus.
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