April 6, 2020

BMW sales plunge in first quarter as coronavirus takes toll

BMW said on Monday that group sales dropped by 20.6% to 477,111 vehicles in the first quarter as the outbreak of coronavirus took its toll and […]
April 6, 2020

Oil slips on oversupply fears, but stocks jump on virus slowdown hopes

Oil prices skidded on Monday after Saudi-Russian negotiations to cut output were delayed, keeping oversupply concerns alive, while stocks jumped as investors were encouraged by a […]
April 6, 2020

American joins United, others in suspending more NYC flights on coronavirus spike

American Airlines Group Inc said late Sunday it would suspend more flights in and out of New York City’s three main airports for about a month, […]
April 6, 2020

Oil drops over $1 on oversupply after OPEC+ delays meeting

Oil prices slipped more than $1 a barrel on Monday, after the world’s top producers delayed a meeting to discuss output cuts that could partly alleviate […]
April 6, 2020

Tesla engineers show ventilator prototype on YouTube

Engineers at Tesla Inc showed a prototype for a ventilator on Sunday evening in a video published on the company’s YouTube channel, as hospitals around the […]
April 6, 2020

Oil skids on oversupply fears, stocks jump on virus slowdown

Oil prices skidded on Monday after Saudi-Russian negotiations to cut output were delayed, keeping oversupply concerns alive, while stocks jumped as investors were encouraged by a […]
April 6, 2020

Wall St. looks for light at end of tunnel, sees risk stocks will re-test lows

Wall Street analysts and investors see a risk that stocks could retest recent lows in the coming days or weeks as they worry about the spread […]
April 5, 2020

Solid chip sales unlikely to cushion Samsung’s virus-hit first quarter profit

The coronavirus-driven global shift to working from home is set to have boosted demand for Samsung Electronics’ memory chips from laptop makers and data centres, but […]
April 5, 2020

Rolls-Royce to ditch targets and suspend dividend due to coronavirus: FT

British aero-engine maker Rolls-Royce will abandon its targets on profits, cash and deliveries, and suspend its dividend, as airlines around the world ground planes due to […]
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