Blogroll

Growth in cloud business helped Oracle Corp top quarterly profit and revenue on Thursday and said the coronavirus will have "minimal impact" on the fourth-quarter revenue, which is usually skewed toward software licenses rather than hardware.

Workplace communication platform Slack Technologies Inc forecast a soft revenue outlook for the first quarter on Thursday, sending its shares down more than 20% aftermarket, on a day major U.S. stock indexes went into a tailspin amid coronavirus fears.

Italy's antitrust watchdog said on Thursday it was investigating e-commerce giants Amazon and eBay for an allegedly excessive rise in the price of products such as hand sanitizer during the coronavirus crisis.

President Donald Trump signed legislation on Thursday to bar telecom carriers from using U.S. subsidies to purchase network equipment from Huawei Technologies [HWT.UL], ZTE Corp and other companies deemed a national security threat.

Verizon Communications Inc on Thursday raised its full-year capital expenditure as it accelerates its transition to 5G network.

Britain likely has between 5,000 and 10,000 people infected with coronavirus, the government's chief scientific adviser said on Thursday, as Prime Minister Boris Johnson stepped up the response to the outbreak.

France's competition watchdog is set to fine iPhone maker Apple Inc next Monday over anti-competitive behaviour in its distribution and sales network, two sources close to the matter said on Thursday.

The United States went into crisis mode on Thursday to contain a coronavirus outbreak that has played havoc with businesses, shuttered schools and universities and severely disrupted the sports and entertainment world.

The Dutch government on Thursday changed its travel advice for the United States, advising citizens to only travel to the U.S. "if necessary."

U.S. companies have announced 633 layoffs related to the coronavirus outbreak so far, global outplacement firm Challenger, Gray and Christmas said on Thursday, providing the first tally of American job losses from what has mushroomed into a global pandemic.

U.S. President Donald Trump and Vice President Mike Pence had "almost no interaction" with a Brazilian government official they met in Florida last week who later tested positive for coronavirus and do not need to be tested, the White House said on Thursday.

Two of the Netherlands' premier tourist attractions, the Rijksmuseum national gallery and Van Gogh museum, closed to the public on Thursday as a ban on gatherings of more than 100 people was imposed in response to the coronavirus epidemic.

The number of new coronavirus infections in the Netherlands rose 22% to 614 on Thursday, health officials said.

Airlines bore the brunt of a dramatic expansion of the coronavirus crisis on Thursday, as U.S. travel curbs on much of continental Europe deepened the sector's misery and piled more pressure on governments to offer emergency support.

The peak of coronavirus cases in Britain may still be 10 to 14 weeks away, the government's chief scientific adviser Patrick Vallance said on Thursday.

France's competition watchdog is set to fine iPhone maker Apple next Monday over anti-competitive behavior in its distribution and sales network, two sources close to the matter said on Thursday.

The U.S. Senate will delay its recess and will work next week on a coronavirus relief bill, Majority Leader Mitch McConnell said on Thursday.

Global markets took another hammering on Thursday as alarm over the coronavirus intensified, and governments from Ireland to Italy scrambled to contain the impact of a disease that has infected more than 126,000 people worldwide.

Policymakers and government leaders have taken a range of approaches to deal with the economic fallout from the coronavirus. Here is a list of how some of the world's biggest economies and economic blocs have reacted.

The top U.S. official on infectious diseases, Anthony Fauci, told a congressional hearing on Thursday that U.S. officials would consider additional travel restrictions beyond those already in place "if the dynamics of the outbreak mandates that."