Athletics body to tighten rules after Nike's Vaporfly helps records tumble

Athletics body to tighten rules after Nike's Vaporfly helps records tumble

World Athletics is set to announce the findings of a review of technology in road and track shoes by the end of January, and it is expected to change its rules in light of tumbling times recorded by athletes using Nike's Vaporfly brand.
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Shell-shocked: SA's lobster catchers suffer coronavirus fallout

Shell-shocked: SA's lobster catchers suffer coronavirus fallout

Lobster catchers on South Africa's West Coast have become unexpected victims of the coronavirus epidemic, after China halted imports of seafood in a bid to contain the outbreak.
Falling exports bring German economy to standstill in fourth quarter

Falling exports bring German economy to standstill in fourth quarter

Shrinking exports held back German economic activity in the fourth quarter of last year, detailed data showed on Tuesday, confirming that Europe's largest economy was stagnating even before the coronavirus outbreak began. Ciara Lee reports
John Deere hopes to break ground in Africa through tractor-hailing tech

John Deere hopes to break ground in Africa through tractor-hailing tech

The world's leading farm equipment manufacturer is teaming up with the "Uber of tractors", hoping to boost sales on the African continent.
Digital bank Revolut hits $5.5 billion valuation

Digital bank Revolut hits $5.5 billion valuation

Digital banking app Revolut is worth $5.5 billion after its latest fundraising round, confirming it as one of the most valuable names in financial technology.
Early gains fade for European shares as virus fears weigh

Early gains fade for European shares as virus fears weigh

European shares edged lower on Tuesday after recording their worst losses since June 2016 in the previous session, with trading still dominated by concern that the coronavirus outbreak is spreading fast outside China. Ciara Lee reports
Wall Street plunges as coronavirus spreads

Wall Street plunges as coronavirus spreads

The S&P 500 and the Dow Jones Industrial Average on Monday suffered their biggest one-day percentage losses in two years after a surge in coronavirus cases outside China fanned worries about the global economic impact of a potential pandemic.
More selling ahead amid coronavirus fears: analyst

More selling ahead amid coronavirus fears: analyst

Kramer Capital Research's Hilary Kramer sees more downside risk after Monday's steep sell-off on Wall Street. Any countermeasures taken by the Fed to bolster the economy, she says, are likely to be ineffective.
Cargill to make plant-based burgers

Cargill to make plant-based burgers

Cargill will launch plant-based hamburger patties and ground "fake meat" products in April, challenging Beyond Meat and Impossible Foods.
Oil slides 4% on demand concerns as coronavirus spreads

Oil slides 4% on demand concerns as coronavirus spreads

Oil prices slumped by 4% on Monday as the rapid spread of the coronavirus in countries outside China added to investor concerns over the impact on demand for crude. Ciara Lee reports
Dow sheds 900 points at the open

Dow sheds 900 points at the open

The Dow plunged more than 900 points at the market open Monday after a sharp rise in coronavirus cases outside China stoked fears of a bigger impact to global growth.
Take two: Huawei has second try at folding phone

Take two: Huawei has second try at folding phone

Huawei launched the second version of its folding smartphone Monday, while Sony unveiled its first 5G handset.
Shares drop, gold surges as investors scurry for safety

Shares drop, gold surges as investors scurry for safety

Global shares and oil slid on Monday while safe-haven gold surged as the spread of the coronavirus outside China darkened the outlook for world growth with infections and deaths rising in South Korea, Italy and the Middle East. Ciara Lee reports
G20 finance heads wrap up meeting overshadowed by virus outbreak

G20 finance heads wrap up meeting overshadowed by virus outbreak

Finance leaders of the world's top 20 economies wrapped up their two-day meeting on Sunday that was dominated by growing concern over the widening fallout from the coronavirus outbreak. Ciara Lee reports
U.S. blocking G20 mention of climate change: sources

U.S. blocking G20 mention of climate change: sources

The United States is against mentioning climate change in the G20 communique, sources said.
Buffett defends stock investments

Buffett defends stock investments

Billionaire investor Warren Buffett forcefully defended Bershire Hathaway's decision to invest heavily in stocks of companies like Apple. As Fred Katayama reports, he also said his company is fully prepared
Wells Fargo to pay $3 bln for fake accounts

Wells Fargo to pay $3 bln for fake accounts

Wells Fargo reached a settlement Friday for a massive fake account scandal, in which it admitted to guilt and agreed to pay $3 billion to the Justice Department and Securities and Exchange Commission. Conway G. Gittens details the official announcem
Wall St. dragged by coronavirus fears, business data

Wall St. dragged by coronavirus fears, business data

U.S. stocks tumbled on Friday after a spike in the number of coronavirus cases and new data that suggested the outbreak is harming the U.S. economy. Conway G. Gittens has the market recap.
Week ahead: falling bond yields, coronavirus fears, retail results

Week ahead: falling bond yields, coronavirus fears, retail results

Key events to watch next week include low bond yields and how much further they fall as coronavirus fears rise, holiday-quarter sales from Home Depot and Macy's, as well as the final read on fourth-quarter GDP. Conway G. Gittens has the look ahead.
Pare back growth stocks: advisor

Pare back growth stocks: advisor

Mercadien Asset Management president Ken Kamen says investors should pare back on holdings of growth stocks, especially tech, due to high valuations and exposure to the coronavirus outbreak.
Philip Morris' campaign to "normalize" IQOS

Philip Morris' campaign to "normalize" IQOS

A Stanford study found that Philip Morris' marketing of its IQOS tobacco device continues to stray substantially from its corporate standards on youth-oriented marketing.
Branson says new Virgin cruise line will overcome coronavirus fears

Branson says new Virgin cruise line will overcome coronavirus fears

British entrepreneur Richard Branson heralded his first cruise ship "Scarlet Lady" on Friday as targeting a younger generation of holidaymakers with a range of attractions that he believes will outweigh any fears around coronavirus.
Coronavirus set to top agenda at G20 meet

Coronavirus set to top agenda at G20 meet

The impact of the new coronavirus outbreak on global growth will be a key issue at this weekend’s meeting of G20 finance leaders. Ciara Lee reports
Tesla vs Tree Pirates: war over a Berlin forest

Tesla vs Tree Pirates: war over a Berlin forest

Tesla faces a battle with environmentalists over its decision to fell a German forest to make space for its first European factory.
Deere posts profit surprise

Deere posts profit surprise

Deere's quarterly earnings crushed analysts expectations on signs the hard hit farming sector has begun to stabilize.