May 13, 2020

Jersey jackpot of $2 million awaits Deutsche’s lost shareholders

While Deutsche Bank employees fret about their jobs and pay, Germany’s largest lender is trying to track down several hundred former staff to claim share payouts […]
May 13, 2020

S.Korean shoppers go the distance to beat Chanel price hike

More than a hundred shoppers waited in line outside a Chanel store in Seoul on Wednesday, shrugging off concerns about a second wave of coronavirus infections […]
May 13, 2020

Over 300 lawmakers worldwide urge IMF, World Bank to cancel poor countries’ debt

Over 300 lawmakers from around the world on Wednesday urged the International Monetary Fund and World Bank to cancel the debt of the poorest countries in […]
May 13, 2020

Fed’s Powell warns of prolonged economic weakness, calls for more fiscal support

Federal Reserve Chair Jerome Powell, in a sober review of where the U.S. economy stands on the cusp of its reopening, warned on Wednesday of an […]
May 13, 2020

Powell: Fed not looking at negative rates

Federal Reserve Chair Jerome Powell, in a sober review of where the U.S. economy stands on the cusp of its reopening, said on Wednesday the country […]
May 13, 2020

Tesla, county reach deal to allow automaker to reopen U.S. plant next week

Tesla Inc and officials in California have resolved their acrimonious clash over safety procedures at the automaker’s sole U.S. assembly plant with a deal that allows […]
May 13, 2020

Equities slide, bonds rise, on Fed warning of prolonged recession

Stock markets slid on Wednesday as fears about a second wave of coronavirus infections and as warnings from Federal Reserve Chairman Jerome Powell that the U.S. […]
May 13, 2020

Fear of coronavirus second wave stalks stock markets

Global stocks fell on Wednesday as fears about a second wave of coronavirus infections gripped financial markets. Powered by WPeMatico
May 13, 2020

Qatar Airways in talks to defer Airbus, Boeing orders: SCMP

Qatar Airways, one of the Middle East’s biggest airlines, is in talks with Airbus and Boeing to defer aircraft orders for several years, its chief executive […]
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