April 7, 2020

Coronavirus hopes propel stocks, euro higher

World stock markets enjoyed a second day of sharp gains on Tuesday as signs of progress against the coronavirus in both Europe and the United States […]
April 7, 2020

Macy’s finance chief Paula Price to step down in May

Department store chain operator Macy’s Inc said on Tuesday Chief Financial Officer Paula Price would step down from the role next month after nearly two years […]
April 7, 2020

Last but not least: Exxon chops spending by 30%

Exxon Mobil Corp on Tuesday throttled back a multi-year investment spree in shale, LNG and deep water oil production and will cut planned capital spending this […]
April 7, 2020

Futures surge on early signs of coronavirus slowdown in hot spots

U.S. stock index futures bounced for a second straight day on Tuesday as risk appetite returned on tentative signs that the coronavirus outbreak was starting to […]
April 7, 2020

Online meal delivery firms knocked off course by coronavirus crisis

The lockdown of millions of people at home across the globe due to the coronavirus should have been the perfect recipe for success for the burgeoning […]
April 7, 2020

Global health fund calls for $8 billion to begin COVID-19 exit strategy

A leading global health fund has asked international businesses and governments to provide $8 billion to support development and production of COVID-19 tests, drugs and vaccines. […]
April 7, 2020

Demand for Luckin app surges as Chinese rush to drink up after admission of fraud

Luckin Coffee’s app has rocketed to become the second most popular in China as consumers rushed to claim a free drink that it has long offered […]
April 7, 2020

Oil higher as hopes build for production cut amid coronavirus threat to demand

Oil rose on Tuesday amid hope that the world’s biggest producers of crude will agree to cut output as the coronavirus pandemic crushes demand, even as […]
April 7, 2020

Samsung first-quarter beats estimates; chips likely to prop up virus-hit second-quarter

Samsung Electronics Co Ltd said on Tuesday its first-quarter operating profit likely managed to rise slightly from a slump a year earlier, as solid chip sales […]
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