May 15, 2020

Investors prepare for more U.S. stock swings as states reopen

Investors are bracing for more turbulence in U.S. stocks, as some states prepare to reopen their economies and global trade tensions rise. Powered by WPeMatico
May 15, 2020

Wall Street ends up after swings on reopening hopes, weak data, trade woes

Wall Street’s three major indexes closed higher after swinging between gains and losses on Friday as investors weighed worries about Sino-U.S. trade relations and weaker-than-expected U.S. […]
May 15, 2020

S&P 500, Dow edge lower on trade war fears, virus woes

The S&P 500 and the Dow Jones indexes fell on Friday, but were well off their session lows, amid signs of deteriorating Sino-U.S. trade relations and […]
May 15, 2020

SAA has spent $539 million since filing for bankruptcy protection: practitioners

South African Airways (SAA) has spent just under 10 billion rand ($540 million) since it entered a form of bankruptcy protection, business rescue practitioners said on […]
May 15, 2020

U.S. moves to cut Huawei off from global chip suppliers as China eyes retaliation

The Trump administration on Friday moved to block global chip supplies to blacklisted telecoms equipment giant Huawei Technologies [HWT.UL], spurring fears of Chinese retaliation and hammering […]
May 15, 2020

Coronavirus boosts U.S. layoffs; job openings fall

Layoffs in the United States jumped to a record high in March, while the number of people voluntarily quitting their jobs dropped to a 4-1/2-year low […]
May 15, 2020

Ethiopian Airlines sees Boeing 737 MAX compensation deal by end-June

Ethiopian Airlines expects a settlement with planemaker Boeing by end of June over compensation related to the 737 MAX grounding in March 2019 following two fatal […]
May 15, 2020

Wirecard shares plunge as Dubai-based partner shuts shop

Shares in Wirecard fell to more than two-year lows on Friday after a Dubai-based business partner closed its doors even as the German payments company played […]
May 15, 2020

As Air France restores some flights, pilots queue for simulator

Air France is putting its grounded pilots through their paces in the flight simulator as the airline prepares to restore flights to dozens of destinations that […]
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