May 8, 2020

Wall Street rises on better-than-feared jobs report, easing Sino-U.S. tension

U.S. stock markets gained on Friday after data showed the economy lost fewer jobs in April than feared due to the coronavirus crisis, adding to optimism […]
May 8, 2020

Exclusive: J.C. Penney to file for bankruptcy as soon as next week, sources say

J.C. Penney Co Inc is preparing to file for bankruptcy protection as soon as next week with plans to permanently close about a quarter of its […]
May 8, 2020

U.S. Post Office board meets as COVID takes its toll and funding dries up

The U.S. Postal Service’s Board of Governors meets on Friday at a critical juncture as it faces accusations from the White House that it charges package […]
May 8, 2020

Turkey charges seven people over Ghosn escape: lawyer

Turkish prosecutors have prepared an indictment charging seven people, including four pilots, over former Nissan boss Carlos Ghosn’s escape via Istanbul to Lebanon after fleeing Japan, […]
May 8, 2020

Stocks boosted to weekly highs as risk appetite improves; U.S. jobs data looms

Global shares rallied on Friday, hitting weekly highs, on signs of improving Sino-American relations and the prospect of more governments gradually reopening their economies. Powered by […]
May 8, 2020

Tesla aims to restart Fremont plant as soon as Friday: Bloomberg News

Tesla Inc plans to reopen its sole U.S. car plant in Fremont, California as soon as Friday, Bloomberg reported on Friday, citing an email from the […]
May 8, 2020

Green hydrogen’s time has come, say advocates eying post-pandemic world

Hydrogen has long been touted as a clean alternative to fossil fuels. Now, as major economies prepare green investments to kickstart growth, advocates spy a golden […]
May 8, 2020

Futures climb as Sino-U.S. tensions ease

U.S. stock index futures rose on Friday as signs of improving relations between the United States and China boosted sentiment ahead of a key jobs report […]
May 8, 2020

Siemens surges as cuts costs and presses on with energy IPO

Siemens stock surged on Friday after the German engineering company said it was speeding up cost savings to tackle the coronavirus downturn and the flotation of […]
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