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Apple's surprise sales warning pressures Wall St

Technology stocks dragged down Wall Street on Tuesday after a surprise sales warning from bellwether Apple fanned worries about the impact of the coronavirus outbreak on global supply chains.


Tuesday, February 18, 2020
Jaguar Land Rover to run out of Chinese parts for UK production after two weeks

Jaguar Land Rover has enough parts from China to maintain its British production for the next two weeks but not beyond that at the moment, Chief Executive Ralf Speth said on Tuesday.


Tuesday, February 18, 2020
Oil falls below $57 on virus impact, OPEC+ delay

Oil fell below $57 a barrel on Tuesday, pressured by concerns over the impact on crude demand from the coronavirus outbreak in China and a lack of further action by OPEC and its allies to support the market.


Tuesday, February 18, 2020
Hedge funds take do-it-yourself approach to gauge coronavirus impact

As investors crunch numbers to determine how the coronavirus will hit China’s economy, hedge fund manager Nathaniel Polachek has tied much of his outlook to the fate of a ship anchored near Weihai, China.


Tuesday, February 18, 2020
Exclusive: Vodafone, Telecom Italia offer rivals access to some sites to ease EU concerns - document

Vodafone and Telekom Italia offered to give rivals access to some of their infrastructure for up to nine years to allay EU antitrust concerns over their plan to create Italy's largest mobile tower company, according to a document seen by Reuters.


Tuesday, February 18, 2020
20 years after dot-com peak, tech dominance keeps investors on edge

As Wall Street approaches the 20th anniversary of the piercing of the dot-com bubble, today's decade-old rally led by a few small players shows some similarities that cautious investors are keeping an eye on.


Tuesday, February 18, 2020
Exclusive: JPMorgan shakes up investment bank in leadership makeover - sources

JPMorgan is reshuffling senior management at the top of its investment bank, naming two new global co-heads and shifting some of its most senior dealmakers into new jobs focused purely on bringing in business, two sources told Reuters.


Tuesday, February 18, 2020
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