April 9, 2020

Global stocks gain on hopes pandemic is nearing peak

Global shares rose on Thursday on hopes the COVID-19 pandemic was nearing a peak and that governments would roll out more stimulus to support their economies, […]
April 9, 2020

Exclusive: Airbnb restricts bookings on its platform in Britain

Home rental firm Airbnb blocked British bookings on its platform for the vast majority of customers on Thursday, allowing only key workers to stay in properties […]
April 9, 2020

Rosneft believes OPEC+ output cut of 10 million bpd would rebalance markets: RenCap

Rosneft believes a cut in oil production of 10 million barrels per day (bpd) by OPEC+ would be sufficient to rebalance oil markets, Renaissance Capital (RenCap) […]
April 9, 2020

Factbox: OPEC+ talks face challenges over baseline for cuts and U.S. role

OPEC and its allies hold talks on Thursday to discuss plans for the biggest coordinated oil output cut in history but two hurdles remain: reaching a […]
April 9, 2020

Oil prices rise on hopes OPEC+ will agree supply cuts

Oil prices rose on Thursday on expectations the world’s leading crude producers will overcome obstacles at a meeting later in the day that have so far […]
April 9, 2020

S&P cuts Renault bonds to ‘junk’ and downgrades outlook on PSA

Credit rating agency Standard & Poor’s (S&P) delivered downgrades on Thursday to France’s top car companies Renault and PSA , cutting Renault’s bonds to ‘junk’ status […]
April 9, 2020

Dollar steadies ahead of U.S. jobs data

The dollar held firm on Thursday, but selling pressure may be in store later with U.S. jobless data due at 1230 GMT expected to show claims […]
April 9, 2020

Nissan seeks $4.6 billion credit line after coronavirus hit: Nikkei

Nissan Motor has requested a 500 billion yen ($4.6 billion) commitment line from major lenders after sales were battered by the coronavirus outbreak, the Nikkei business […]
April 9, 2020

Advertisers shun coronavirus coverage, hastening news media battle for survival

From Rupert Murdoch’s News UK to McClatchy’s chain of local newspapers across the United States, news publishers are attracting record numbers of readers as people in […]
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