April 2, 2020

Dollar firm overall, but oil price jump boosts commodity currencies

The dollar gave up some of its recent gains on Thursday after a 10% jump in oil prices boosted commodity-linked currencies, though uncertainties over the coronavirus […]
April 2, 2020

SoftBank terminates $3 billion WeWork tender offer

SoftBank Group Corp said it has terminated a $3 billion tender offer for additional WeWork shares agreed last year with shareholders, including ousted co-founder Adam Neumann, […]
April 2, 2020

Boeing to offer voluntary layoffs to employees to tide over coronavirus fallout -sources

Boeing Co is set to offer buyout and early retirement packages to employees, two people familiar with the matter said on Wednesday, a bid to mitigate […]
April 2, 2020

Asian stocks slip as virus fears deepen ahead of U.S. jobs data

Asian share markets were pinned down on Thursday, haunted by the rising U.S. coronavirus death toll, and with investors braced for more signs of economic pain […]
April 2, 2020

Delivery Hero takes steps to support struggling restaurants

Delivery Hero , one of the world’s top online food delivery marketplaces, announced measures on Thursday to support restaurants that are trying to survive coronavirus lockdowns […]
April 2, 2020

U.S. weekly jobless claims seen at record high: again

The number of Americans filing claims for unemployment benefits likely shot to a record high for a second week in a row as more jurisdictions enforced […]
April 2, 2020

Trump says expects Russia-Saudi oil deal soon, invites US oil chiefs to White House

U.S. President Donald Trump said he has invited U.S. oil executives to the White House to discuss ways to help the industry “ravaged” by slumping energy […]
April 2, 2020

Trump says he expects Saudi-Russia oil production deal in coming days

U.S. President Donald Trump said on Wednesday he expected Saudi Arabia and Russia to reach a deal in the next few days on oil production to […]
April 2, 2020

U.S. Energy Department urges Saudi, Russia to calm oil markets

The U.S. Energy Department on Wednesday urged Saudi Arabia and Russia to calm oil markets after the kingdom’s crude supply rose to a record of more […]
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