April 9, 2020

California developer says virus an act of God, sues Exxon over stalled deal

A California retail developer claims the state’s coronavirus lockdown was an act of God that prevented it from completing a $4.2 million property acquisition, asking a […]
April 9, 2020

U.S. weekly jobless claims seen hovering near record highs

The number of Americans seeking unemployment benefits in the last three weeks likely totaled a staggering 15 million as tough measures to control the novel coronavirus […]
April 9, 2020

UBS and Credit Suisse to partially postpone dividend payout

UBS and Credit Suisse have decided to pay out part of their dividend for 2019 later this year after financial markets watchdog FINMA criticised the Swiss […]
April 9, 2020

Swiss financial watchdog welcomes UBS’ and Credit Suisse’s dividend decisions

Swiss financial watchdog Finma said on Thursday it welcomed a decision by UBS and Credit Suisse to pay out half of their dividends for 2019 in […]
April 9, 2020

Commodity currencies hold firm on hopes of pandemic peak, oil output cut

Commodity currencies drew support on Thursday from hopeful signs the coronavirus pandemic may be peaking and that major oil producers may agree to cut output to […]
April 9, 2020

Asia shares set to follow Wall Street’s rally

Asian shares were poised to track Wall Street’s gains on Thursday on hopes the coronavirus pandemic is nearing a peak and that governments would roll out […]
April 9, 2020

U.S. senators question Amazon CEO about firing of warehouse protest leader

Five Democratic lawmakers on Wednesday wrote Amazon.com Inc to raise concern about its firing of a worker who protested warehouse operations during the coronavirus pandemic, according […]
April 9, 2020

U.S. senator to liquidate individual stock shares after coronavirus flap

U.S. Senator Kelly Loeffler said on Wednesday she would liquidate her individual stock share positions after the wealthy Republican and her husband were criticized over sales […]
April 9, 2020

Exxon used economic uncertainty to push for Paulsboro, N.J., contract: sources

Exxon Mobil Corp used economic uncertainty tied to the coronavirus pandemic to urge workers at its lubricants and packaging plant in Paulsboro, New Jersey, to vote […]
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