April 20, 2020

Plunge in U.S. oil prices sinks equities; bonds yields edge lower

Plunging U.S. crude oil prices pulled global equity markets lower on Monday, kicking off a busy week of data and earnings that will further reveal the […]
April 20, 2020

Saudi Arabia gets physical with Russia in underground oil bout

Behind a Saudi-Russian truce to stabilise oil markets with a record output cut, market players are seeing the two production heavyweights still trading blows in the […]
April 20, 2020

FCC approves Ligado plan to deploy mobile broadband network

The five-member Federal Communications Commission has unanimously voted to approve an order to allow Ligado Networks[MOSAV.UL] to deploy a low-power nationwide 5G network despite objections from […]
April 20, 2020

Exclusive: India foreign investment rules aimed at China to include Hong Kong – sources

New Indian rules to ensure scrutiny of investments from companies based in neighbouring countries, especially during the coronavirus outbreak, will also apply to Hong Kong, two […]
April 20, 2020

KFC to sell plant-based fried chicken made by Cargill in China

Yum China’s KFC fast food chain will begin selling plant-based fried chicken for the first time in China over a limited time period, it said on […]
April 20, 2020

Four staffing units of Norwegian Air file for bankruptcy

Four Swedish and Danish subsidiaries of Norwegian Air have filed for bankruptcy due to the ongoing coronavirus crisis which has grounded most of the company’s fleet, […]
April 20, 2020

Halliburton sees bleak North America activity, joins rivals in spending cuts

Halliburton Co on Monday joined its bigger rival Schlumberger in taking impairment hits in the first quarter and issued a bleak outlook for North America as […]
April 20, 2020

Brazil set to start QE cautiously but may need to bring out ‘bazooka’

Brazil appears set to embark cautiously on unconventional monetary policy using small interventions to tackle dysfunction in bond markets, as it does with foreign exchange, but […]
April 20, 2020

Bridgestone to suspend 11 Japanese plants during late April-early May

Japanese tyremaker Bridgestone Corp said on Monday it will suspend operations at its 11 domestic plants, including 8 tyre factories, from late April to early May […]
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