April 8, 2020

Oil holds near $32 ahead of OPEC-led talks on output cuts

Oil steadied near $32 a barrel on Wednesday, supported by hopes that a meeting between OPEC members and allied producers on Thursday will trigger output cuts […]
April 8, 2020

Dollar gains on rising coronavirus crisis concerns

The dollar firmed on Wednesday as optimism that the coronavirus crisis was slowing waned, increasing investor concerns over the economic impact of the pandemic. Powered by […]
April 8, 2020

BAE Systems to raise $1.3 billion in debt to fund pension deficit

Britain’s BAE Systems is looking to raise $1.3 billion in debt to fund its pension deficit and repay related loans, the company said on Wednesday, as […]
April 8, 2020

Figure of $6.5 billion in loans for Air France KLM ‘not unrealistic’: minister

A figure of 6 billion euros ($6.5 billion) in loans to help Air France KLM amid the coronavirus crisis is “not unrealistic”, French junior transport minister […]
April 8, 2020

French carmaker PSA sets up fund for staff and new health check measures

French carmaker and Peugeot owner PSA announced on Wednesday the creation of a solidarity fund to help staff affected by the closures of plants due to […]
April 8, 2020

Oil rises as markets eye OPEC, Russia meeting on output cuts

Oil rebounded on Wednesday after a two-day fall, lifted by hopes that a meeting between OPEC members and allied producers on Thursday will trigger output cuts […]
April 8, 2020

Britain’s Tesco says coronavirus costs could reach $1.1 billion

Britain’s biggest retailer Tesco expects to take a hit of up to 925 million pounds ($1.1 billion) from the costs of dealing with the coronavirus pandemic […]
April 8, 2020

UK fashion retailer ASOS raises 247 million pounds in placing

British online fashion retailer ASOS Plc said it had raised 247 million pounds ($304 million) via a placing, to help it shore up its finances in […]
April 8, 2020

Jack Dorsey pledges $1 billion of his Square stake for COVID-19 relief efforts

Twitter Inc Chief Executive Officer Jack Dorsey on Tuesday pledged $1 billion of his stake in Square Inc , the payments processor that he co-founded and […]
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