April 21, 2020

Senate moves toward possible Tuesday coronavirus vote, Pelosi sees deal ‘on principles’

The U.S. Congress on Monday inched toward a $450 billion deal to help small businesses and hospitals hurt by the coronavirus pandemic, with House Speaker Nancy […]
April 20, 2020

Virgin Australia enters voluntary administration with aim to recapitalise

Virgin Australia Holdings Ltd said on Tuesday it entered voluntary administration to recapitalise the business and emerge in a stronger financial position after being battered by […]
April 20, 2020

WeWork directors defend right to represent shareholders against SoftBank

A special committee of WeWork board members on Monday rejected an assertion by SoftBank Group Corp that it does not have authority to represent the interests […]
April 20, 2020

Exclusive: Brazil considers further flight cuts as coronavirus crisis bites

Brazil’s government is discussing with the country’s main airlines further reducing a minimal flight schedule implemented due to the coronavirus crisis as travel demand remains close […]
April 20, 2020

U.S. crude futures up more than $20, but still trade below zero

U.S. crude oil jumped more than $20 per barrel on Tuesday but still traded below $0 after plunging into negative territory for the first time in […]
April 20, 2020

U.S. energy industry steps up lobbying for Fed’s emergency aid: letters

The U.S. energy industry has asked the Federal Reserve to change the terms of a $600 billion lending facility so that oil and gas companies can […]
April 20, 2020

WeWork committee pushes back against SoftBank, defends right to represent shareholders

A special committee of WeWork board members on Monday rejected an assertion by SoftBank Group Corp that it does not have authority to represent the interests […]
April 20, 2020

IBM withdraws 2020 forecast on virus uncertainty, dividends to continue

International Business Machines Corp on Monday withdrew its 2020 annual forecast due to uncertainty caused by COVID-19, but said its customers were relatively well positioned for […]
April 20, 2020

IMF may need ‘exceptional measures’ to facilitate pandemic response: Georgieva

The International Monetary Fund may need to step outside its comfort zone and consider “exceptional measures” to help countries deal with the coronavirus pandemic and mitigate […]
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