April 14, 2020

Oil rises amid hopes for quick decline in U.S. shale output

Oil prices rose more than 1% on Tuesday after the main U.S. energy forecasting agency predicted shale output in the world’s biggest crude producer would fall […]
April 14, 2020

Asia shares jump on Chinese trade data, pandemic still a worry

Asian stocks extended gains on Tuesday after China’s trade data came in better than expected and as some countries tried to restart their economy by partly […]
April 14, 2020

Grubhub, DoorDash, Postmates, Uber Eats are sued over restaurant prices amid pandemic

GrubHub, DoorDash, Postmates and Uber Eats were sued on Monday for allegedly exploiting their dominance in restaurant meal deliveries to impose fees that consumers ultimately bear […]
April 14, 2020

Record oil output cuts fail to make waves in coronavirus-hit market

The minimal impact on oil prices from a global deal for record output cuts showed that oil producers have a mountain to climb if they are […]
April 14, 2020

Exxon raises $9.5 billion to load up on cash while debt market still open to new deals

Exxon Mobil Corp on Monday raised $9.5 billion in new debt, with the largest U.S. oil producer seeking to bolster its finances while debt markets remain […]
April 14, 2020

Disney enters $5 billion credit agreement

Walt Disney Co said on Monday it has entered an unsecured credit agreement for $5 billion, at a time when companies across industries are scrambling to […]
April 14, 2020

Asia shares jump but pandemic hangs heavy over outlook

Asian stocks bounced on Tuesday on hopes the coronavirus outbreak may be peaking, though sentiment was cautious ahead of Chinese trade data and corporate earnings as […]
April 14, 2020

Trump says plan to re-open shuttered U.S. economy to be completed soon

President Donald Trump said on Monday that his administration was close to completing a plan to re-open the U.S. economy, which has been largely shut down […]
April 14, 2020

SoftBank shares fall 3.5% after flagging first financial year loss in 15 years

SoftBank Group Corp shares fell 3.5% on Tuesday morning after estimating the Vision Fund will record a 1.8 trillion yen ($16.73 billion) loss in the year […]
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