May 18, 2020

Futures cheered by lifting of virus-related curbs

U.S. stock index futures surged on Monday with gains spread across stocks ranging from autos to oil as many of the hard-hit countries eased restrictions on […]
May 18, 2020

Tech firms sweeten deals for U.S. banks cutting costs in crisis

Top technology services firms are offering payment deferrals, discounts of up to 20% and other sweeteners to some U.S. banks to keep their business as the […]
May 18, 2020

European shares rise on economic awakening; oil and gold jump

European stock markets rose on Monday and oil prices climbed to their highest in more than a month as a loosening of coronavirus shutdowns boosted market […]
May 18, 2020

Huawei says expect business impact from U.S. move to cut off chip supply

Huawei Technologies said on Monday that its business will be inevitably impacted by the latest U.S. move to restrict chip sales to the Chinese technology company, […]
May 18, 2020

Asia shares follow S&P 500 higher, oil and gold jump

Asian shares were led higher by S&P 500 futures on Monday and oil prices hit a five-week peak as countries’ efforts to re-open their economies stirred […]
May 17, 2020

Fed’s Powell: ‘Medical metrics’ most important data for U.S. economy now: CBS

The most important data for the U.S. economy right now are the “medical metrics” around the coronavirus pandemic, Federal Reserve Chairman Jerome Powell said Sunday night […]
May 17, 2020

GM tells Mexico workers it plans May 20 restart at Silao plant

General Motors Co is tentatively planning to restart operations at its auto assembly plant in the Mexican city of Silao on May 20, according to a […]
May 17, 2020

U.S. Senator Rubio calls for fast action to extend U.S. payroll protection program

The United States needs to quickly revise its coronavirus aid program for small businesses to extend the eight-week period in which the law currently requires companies […]
May 17, 2020

Thyssenkrupp in talks with peers over steel business: source

German ailing conglomerate Thyssenkrupp is in talks with international peers about consolidating its loss-making steel business, a person familiar with the matter said. Powered by WPeMatico
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