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Northern Star

Northern Illinois University’s student media since 1899

 

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The Student News Site of Northern Illinois University

Northern Star

The Student News Site of Northern Illinois University

Northern Star

World markets slip on renewed fears over virus outbreak

By JOE McDONALD | February 21, 2020

BEIJING (AP) — Global stock markets slipped on Friday after a spike in new virus cases in South Korea and other countries refueled investor anxiety about China's disease outbreak.Benchmarks in Tokyo, Hong Kong and Sydney closed down and London, Frankfurt...

China virus outbreak chilling recovery for Asian economies

By ELAINE KURTENBACH | February 18, 2020

BANGKOK (AP) — The virus outbreak in China has put South Korea's economy into an "emergency situation," its president says. Japan is on the brink of recession and big manufacturers are forecasting a whole world of woe.As many Chinese finally go back...

Germany sees hefty drop in factory orders in December

February 6, 2020

BERLIN (AP) — Factory orders in Germany declined by a hefty 2.1% in December compared with the previous month on a sharp drop in demand from other countries in the eurozone.The Economy Ministry said Thursday that orders, an important indicator for Europe's...

Caterpillar 4Q profit rises despite sales decline

January 31, 2020

Caterpillar put a lid on costs in the fourth quarter, pushing profits higher despite an 8% decline in revenue.The strong profits, however, were overshadowed by an uncertain take on the year ahead with global growth slowing.Shares slipped $1.06 to $134.31...