The US equity market finally is taking notice of the coronavirus, which now is spreading from China to other countries and increasing the risk of a shock that could cause a US recession. So what are the implications for the US economy and the Federal Reserve? Obviously, that is a difficult question to answer because it’s impossible to anticipate what ...

Everyone is wondering when China will return to work. While it may be tempting to consider past epidemics or labour strikes to gauge how quickly that could happen, the industrial shutdown from the coronavirus is looking more like a natural disaster than anything else. It may even get worse. Chinese industrial activity remains severely depressed. One tracker shows an even ...

The prospect is tantalising: the Boeing Co. versus Airbus SE battle, but for the 5G era. Nokia Oyj, the Finnish telecommunications equipment firm, is contemplating asset sales and merger options, Bloomberg News reported. That raises the prospect of joining forces with Swedish rival Ericsson AB, thereby creating a European behemoth to compete more effectively with China’s Huawei Technologies Co. A ...