April 9, 2020

Trump says he had good call with Russia’s Putin, Saudi king on oil

U.S. President Donald Trump said on Thursday he had a good conversation with Russian President Vladimir Putin and Saudi Arabia’s King Salman and expected that OPEC […]
April 9, 2020

Saudi, Russia agree record oil cut under U.S. pressure as demand crashes

OPEC and its allies led by Russia agreed on Thursday to cut their oil output by more than a fifth and said they expected the United […]
April 9, 2020

Global stock markets jump on Fed stimulus, oil pulls back from earlier surge

Global equity benchmarks moved higher on Thursday following signs of some success by governments and central banks which have taken additional steps to bolster their economies […]
April 9, 2020

Wall Street rises on latest Fed rescue program

Wall Street closed out the trading week on a high note on Thursday as the U.S. Federal Reserve unleashed another program designed to buoy local governments […]
April 9, 2020

GM plans to extend shutdown of Brazil auto production by 60 days

General Motors Co plans to keep its Brazilian factories shut down for at least 60 more days due to the coronavirus crisis, the company said Thursday, […]
April 9, 2020

BlackRock CEO Larry Fink’s pay fell 8.4% in 2019: filing

BlackRock Inc , the world’s largest asset manager, cut total compensation for Chairman and Chief Executive Officer Larry Fink by 8.4% in 2019, a second straight […]
April 9, 2020

Instant View: OPEC+ potential cuts won’t be enough to halt oil collapse – analysts

OPEC and other major oil producers on Thursday discussed potential big output cuts in the face of a huge fall in demand due to the coronavirus […]
April 9, 2020

Saudi, Russia closing in on record oil cut deal

OPEC and it allies held talks on Thursday on record oil output curbs of about 15 million barrels per day (bpd) or more, roughly 15% of […]
April 9, 2020

Morgan Stanley CEO diagnosed with coronavirus in March, since recovered: bank video

Morgan Stanley Chief Executive Officer James Gorman was diagnosed as being infected by the novel coronavirus after first experiencing symptoms nearly a month ago and has […]
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