March 30, 2020

Oil plunges to 2002 lows, shares sink again

Oil took another eyewatering 8% tumble on Monday and world shares buckled again as fears mounted that the global coronavirus shutdown could last for months. Powered […]
March 30, 2020

Activist investor makes new push for HC2 board to remove chief Falcone: letter

An activist investor is stepping up calls for the board of HC2 Holdings Inc to remove Chief Executive and Chairman Philip Falcone as the former hedge […]
March 30, 2020

Goldman Sachs sees S&P 500 dividends declining 25% in 2020

Goldman Sachs said on Monday it expects S&P 500 dividends to fall by 25% in 2020 as certain large dividend-paying industries are particularly vulnerable to the […]
March 30, 2020

Exclusive: American Airlines in talks to hire Millstein for aid advice

American Airlines Group Inc is in advanced talks to hire Guggenheim Securities co-chairman James Millstein for advice on tapping a $50 billion industry relief package available […]
March 30, 2020

U.S. stimulus package is biggest ever, but may not be big enough

The Federal Reserve has offered more than $3 trillion in loans and asset purchases in recent weeks to stop the U.S. financial system from seizing up, […]
March 30, 2020

Virgin Atlantic asks UK government for financial help: source

Virgin Atlantic has asked the UK government for emergency financial help in addition to the coronavirus package made available to all British companies, said a source […]
March 30, 2020

Asia shares under threat as futures fall early

Asian share markets looked set for a rocky start on Monday as U.S. stock futures took an early spill amid fears the global shutdown for the […]
March 30, 2020

From quills to qwerty: Lloyd’s underwriters adapt to home working

Thousands of London’s underwriters took their stamps and fountain pens home last week, which they use to sign insurance contracts, but they won’t need them. Powered […]
March 30, 2020

Coronavirus worries and strife: Investors fear markets not out of woods despite big rally

After a brutal meltdown, some investors have been wading back into U.S. stocks. But others are wary of another leg down as the coronavirus spreads and […]
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