SAP cut its full-year earnings guidance after the coronavirus pandemic caused customers to put orders on hold, saying it now expects a single digit decline after earlier forecasting 10% growth.
Investors have brought class action lawsuits in federal court against seven cryptocurrency issuers and four exchanges, claiming they sold billions of dollars in unregistered assets in violation of U.S. securities laws.
World stocks were pinned down by the rising death toll from COVID-19 and deepening economic pain, with another record week of jobless claims expected in the United States.
The biggest oil and gas companies around the world are cutting their spending this year following the collapse in oil prices, driven by a slump in demand as a result of the coronavirus crisis and a price war between top exporters Saudi Arabia and Russia.
