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 […]
April 5, 2020

EasyJet founder says will not inject fresh equity into company

Stelios Haji-Ioannou, the founder of easyJet Plc , has warned that he will not inject any fresh equity into the airline until it terminates a contract […]
April 5, 2020

Wall Street 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

Oil prices decline $3 a barrel as market remains uncertain on supply outlook

Global benchmark oil prices traded as much as $3 a barrel lower as the market opened for Monday’s trading session, reflecting fears of oversupply after Saudi […]
April 5, 2020

Exclusive: Silver Lake to seek more than $16 billion for buyout fund – sources

Private equity firm Silver Lake Partners is preparing to seek at least $16 billion from investors for its sixth flagship buyout fund, braving the economic uncertainty […]
April 5, 2020

Boeing extends Washington state production shutdown indefinitely

Boeing Co said on Sunday it would extend the suspension of production operations at its Washington state facilities until further notice amid the coronavirus outbreak. Powered […]
April 5, 2020

Oil prices under pressure from Saudi-Russia dispute, but tariffs provide support

Global benchmark oil prices are expected to open lower on Monday as a dispute between top crude exporters Russia and Saudi Arabia raises concerns of another […]
April 5, 2020

U.S. banks to defend dividend payments in stress tests: FT

U.S. banks are expected to defend their dividend payments when they submit their annual capital plans to the Federal Reserve on Monday for the upcoming stress […]
April 5, 2020

Fed’s Bullard says another coronavirus economic relief bill may not be needed

A top official at the U.S. Federal Reserve said on Sunday the $2.3 trillion economic relief bill approved by Congress was appropriately sized and that a […]
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