April 15, 2020

Oil falls 4% towards $28 on oversupply concerns

Oil fell 4% towards $28 a barrel on Wednesday, pressured by reports of persistent oversupply and collapsing demand due to global coronavirus-related lockdowns and a lack […]
April 15, 2020

Honda deploys its minivans to transport virus patients

Honda Motor Co said it has remodeled 50 of its minivans to transport COVID-19 patients to hospitals and quarantine facilities in Japan, sealing off the rear […]
April 15, 2020

ADCB files criminal complaint against individuals linked to NMC Health

Abu Dhabi Commercial Bank has filed a criminal complaint against individuals linked to hospital operator NMC Health , the lender said. Powered by WPeMatico
April 15, 2020

Bank of America profit nearly halves as loan loss provisions soar

Bank of America Corp recorded a 48.5% fall in quarterly profit on Wednesday, as it set aside $3.6 billion in provisions to cover for potential lossses […]
April 15, 2020

Crisis shows companies need social licence to operate, Federated Hermes says

Federated Hermes has written an open letter to company executives and chairpersons setting out how COVID 19 has changed its engagement priorities and how the pandemic […]
April 15, 2020

Exclusive: Ukraine ready to ban wheat exports if necessary – official

Ukraine, one of world’s top grain exporters, is ready to ban wheat exports if sales exceed limits agreed with traders, the deputy economy minister in charge […]
April 15, 2020

Brazil airline Azul hires adviser to restructure debt: report

Brazilian airline Azul SA has hired restructuring firm Galeazzi & Associados to renegotiate its financial and suppliers’ debt, Brazilian newspaper O Estado de S. Paulo reported […]
April 15, 2020

Temperature checks, protective suits: Argentine grains sector braces for 1st coronavirus case

Argentina is braced for the first case of coronavirus to be confirmed among the thousands of port workers and grains handlers involved in the country’s key […]
April 15, 2020

Oil climbs on bargain-hunting, hopes for purchases for reserves

Oil prices climbed on Wednesday, bouncing back from the previous session’s large losses, as investors looked for bargains and supported by hopes that consuming countries will […]
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