April 24, 2020

Global stocks fall on worries over EU stimulus details, coronavirus drug

Global shares fell on Friday, hit by delays to an agreement on divisive details of the European Union’s stimulus package and doubts about progress in the […]
April 24, 2020

Main Street’s mainstays: How some U.S. states tapped crisis loans

As the coronavirus crisis gripped the U.S. economy and Congress approved hundreds of billions of dollars in emergency small business loans, Utah builder Clark Ivory knew […]
April 24, 2020

Virgin Australia owes $4.4 billion, to seek aircraft lease waivers -administrator

Virgin Australia Holdings Ltd owes A$6.9 billion ($4.39 billion) to more than 10,000 creditors based on an initial review and will seek a three-month payment waiver […]
April 24, 2020

Nestle posts better than expected first-quarter sales as customers stockpile food

Nestle reported a 4.3% rise in organic sales growth for the first quarter, the food giant said on Friday, as consumers filled cupboards with Purina pet […]
April 24, 2020

Swatch CEO says China sales rise but global situation still grim

Swatch Group’s sales at its own stores in China are up by almost a quarter during April, the watchmaker’s Chief Executive Nick Hayek told Blick newspaper, […]
April 24, 2020

The growing worry for bondholders: Getting ‘primed’

Bondholders in particularly hard-hit sectors like energy, travel and leisure have another issue to watch for as companies struggle to survive the economic shutdown – getting […]
April 24, 2020

Oil prices rise more than $1 after week of turmoil amid viral outbreak

Oil prices jumped again on Friday, gaining more ground as producers like Kuwait said they would move to cut output and as the United States approved […]
April 24, 2020

Brokerages restrict clients on positions they can take in oil

Several brokerages, including discount giant TD Ameritrade Corp are restricting customers from buying new positions in certain crude oil contracts after an unprecedented sell-off that sent […]
April 24, 2020

U.S. House passes $500 billion coronavirus bill in latest relief package

The U.S. House of Representatives overwhelmingly approved a $484 billion coronavirus relief bill on Thursday, funding small businesses and hospitals and pushing the total spending response […]
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