March 26, 2020

U.S. weekly jobless claims surge to record 3.28 million

The number of Americans filing claims for unemployment benefits surged to a record of more than 3 million last week as strict measures to contain the […]
March 26, 2020

Instant View: U.S. jobless claims balloon to record on coronavirus impact

The number of Americans filing claims for unemployment benefits shot to record of more than 3 million last week as strict measures to contain the coronavirus […]
March 26, 2020

India’s Yes Bank to raise up to 50 billion rupees after government-led rescue

Yes Bank Ltd said on Thursday it was looking to raise up to 50 billion rupees ($665.88 million) in an effort to shore up its capital […]
March 26, 2020

Deutsche Bank studies state aid for staff in coronavirus crisis

Deutsche Bank said on Thursday it is preparing for the possible use of a government-run short-time work scheme for some of its staff in Germany to […]
March 26, 2020

Harley-Davidson withdraws outlook due to coronavirus disruption

Harley-Davidson Inc on Thursday withdrew its financial forecasts as the coronavirus outbreak hurts its supply chain, and warned further disruptions could dent its ability to supply […]
March 26, 2020

HSBC delays job cuts in face of coronavirus

HSBC has said it is delaying the “vast majority” of its planned redundancies to deal with the fallout from the coronavirus pandemic, a memo sent to […]
March 26, 2020

Ford to restart U.S. truck plants in April to combat virus cash squeeze

Ford Motor Co said on Thursday it planned to restart production at some plants in North America as early as April 6, bringing back its most […]
March 26, 2020

Wall Street jumps at open as jobless claims raise hopes of more stimulus

Wall Street jumped at the open on Thursday, building on a two-day rally, as investors bet on more stimulus measures after the U.S. jobless claims surged […]
March 26, 2020

Hedge fund manager to lead Norway sovereign fund after $124 billion loss

Norway’s sovereign wealth fund, the world’s largest, named a London-based hedge fund manager as its new chief executive on Thursday and said it had lost $124 […]
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