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Coronavirus: Stocks rocked by record volatility

2020-03-17 04:59:54| BBC News | Business | UK Edition

The Dow has seen its five biggest ever one-day points falls in the last month on coronavirus fears.

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Regional Mall Owners Face One of Their Toughest Weeks on Record. How Will They Cope?

2020-03-16 22:16:00| National Real Estate Investor

Restaurant and store closings might mean some very tough decisions for regional mall landlords.

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EIA: US Shale Oil Output To Rise To Record 9.08 Million Barrels Per Day In April

2020-03-16 20:47:04| OGI

Output from the Permian Basin of Texas and New Mexico, is expected to rise 38,000 bbl/d to a record 4.79 MMbbl/d, data from the U.S. Energy Information Administration (EIA) showed.

Tags: day april record million

 

Apple fined record EUR 1.1 bln in France over unfair sales practices

2020-03-16 16:08:00| Telecompaper Headlines

(Telecompaper) Apple and two of its wholesale distribution partners, Ingram Micro and Tech Data, received fines totalling EUR 1.24 billion from the French antitrust regulator, following an investigation started in 2012. The companies have been found guilty of operating a cartel for a range of Apple products including computers and tablets, but not the iPhone. The fine inflicted on Apple amounts to EUR 1.1 billion, the largest ever imposed by the French competition watchdog. Tech Data and Ingram Micro will have to pay sanctions of EUR 76 million and EUR 63 million respectively.

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Apple hit with record 1.1bn fine in France

2020-03-16 16:02:29| BBC News | Business | UK Edition

France's competition watchdog says Apple engaged in anti-competitive behaviour.

Tags: france record hit fine

 

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