April 17, 2020

Cathay Pacific to close U.S. cabin crew bases, laying off 286 staff

Hong Kong’s Cathay Pacific Airways Ltd will close its three cabin crew bases in the United States, the airline said on Friday, laying off 286 staff […]
April 17, 2020

Trump unveils three-stage process for states to end coronavirus shutdown

President Donald Trump laid out new guidelines on Thursday for U.S. states to emerge from a coronavirus shutdown in a staggered, three-stage approach meant to revive […]
April 17, 2020

Fed’s Kashkari says Trump’s ‘staged approach’ to reopen economy makes sense

President Donald Trump’s plan for reopening the U.S. economy following the novel coronavirus pandemic “makes sense” and is consistent with the advice of health experts, Minneapolis […]
April 17, 2020

Most U.S. firms have no plans to leave China due to coronavirus: survey

The majority of American companies in China have no plans to relocate production or sourcing activities to other parts of the country or abroad due to […]
April 17, 2020

Report says COVID-19 patients respond to Gilead’s remdesivir, shares surge

Gilead Sciences Inc’s shares surged 16% in after hours trading on Thursday following a media report detailing encouraging partial data from trials of the U.S. company’s […]
April 17, 2020

Morgan Stanley CEO: coronavirus will continue to pose challenges

Morgan Stanley Chief Executive Officer James Gorman told shareholders on Thursday he “can promise” the bank will miss its medium-term financial targets again in the current […]
April 17, 2020

Brent oil jumps nearly 3% after Trump lays out plan for easing coronavirus restrictions

Oil prices rose on Friday with Brent gaining nearly 3% after President Donald Trump laid out guidelines on reviving a U.S. economy ravaged by the coronavirus […]
April 17, 2020

Factbox: Trump’s coronavirus reopening guidelines

President Donald Trump rolled out his guidelines for how the United States can reopen businesses and schools shut down by the coronavirus Thursday evening. Powered by […]
April 16, 2020

Asian stocks set to rise as markets brace for China GDP data

Asian stocks look set to bounce on Friday to recover towards a one-month high as investors, following Wall Street’s lead overnight, sought silver linings in a […]
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