European shares skid as China epidemic fuels economic worry

European shares dropped on Thursday as concerns mounted about the economic impact of an epidemic in China that has now claimed 170 lives. The pan-European STOXX 600 dropped 0.9% by 0805 GMT, heading for its sharpest weekly decline in nearly four months. All major European subsectors were in the red with miners, which rely heavily […]

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FACEBOOK TAKES AIM AT E-COMMERCE WITH LIBRA

Facebook has unveiled plans to launch cryptocurrency called Libra next year as part of its efforts to expand beyond social networking. However, consumer privacy concerns and regulatory barriers may present significant hurdles for the move. Facebook has linked with 28 partners to form Libra Association, a Geneva-based entity governing its new digital coin to be […]

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