April 14, 2020

Oil slides 6% as producer cuts fail to banish demand fears

Oil prices fell around 6% on Tuesday as investors doubted that record OPEC+ supply cuts would soon balance markets as demand plunges due to the coronavirus […]
April 14, 2020

Amazon ordered to limit French trade to essential goods

Amazon will have to limit its deliveries in France to essential goods like food and medical supplies while it carries out a more thorough assessment of […]
April 14, 2020

Tesla surges 28% in two days as traders look beyond coronavirus disruption

Shares of Tesla Inc surged 12% on Tuesday after Credit Suisse upgraded its rating on the electric carmaker and as Wall Street rallied on optimism the […]
April 14, 2020

Apple launches site to show how coronavirus lockdowns affect movement

Apple Inc on Tuesday said it would release data that could help inform public health authorities on whether people are driving less during lockdown orders to […]
April 14, 2020

Adidas gets 3 billion euro government backed loan, suspends dividend

German sports retailer Adidas on Tuesday said it received approval for a syndicated 3 billion-euro ($3.3 billion) government-backed loan to mitigate the financial impact on its […]
April 14, 2020

Spirit expects quarterly loss as coronavirus hits plane output

Spirit AeroSystems Holdings Inc said on Tuesday it would swing to a first-quarter loss and warned of a bigger blow in the current quarter, as customers […]
April 14, 2020

Oil producers pin hopes for massive cuts on unprecedented stockpile purchases

An unprecedented deal by oil producers to curb supply to match demand hollowed out by the coronavirus pandemic is set to depend partly on purchases by […]
April 14, 2020

NMC Health board replaced by administrators

The administrators of troubled hospital operator NMC Health said on Tuesday they had replaced the company’s board and asked its main lender, Abu Dhabi Commercial Bank […]
April 14, 2020

Spain denies requisitioning coronavirus tests bound for workers

Spain’s health minister denied on Tuesday that authorities had requisitioned 2,000 antibody tests which a workers union said Siemens Gamesa had expected to receive to check […]
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