March 25, 2020

Futures rise as Washington reaches deal on $2 trillion aid package

U.S. stock index futures rose on Wednesday, putting Wall Street on course to extend its massive bounce from the previous session, as Washington reached a deal […]
March 25, 2020

Kia Motors may make face masks at China factory to fight coronavirus

South Korea’s Kia Motors Corp is considering making face masks at its Chinese factory to help battle the spread of the coronavirus, a spokesman said on […]
March 25, 2020

Treat with caution: rocketing stocks aren’t cause for comfort

Those pining for a bottom to the gut-wrenching stock market selloff may be disappointed to learn that mega one-day rallies like the historic one witnessed on […]
March 25, 2020

Oil extends gains as optimism over U.S. stimulus lifts global markets

Oil prices extended gains for a third session on Wednesday, rising alongside broader financial markets as the United States is expected to approve a massive aid […]
March 25, 2020

Factbox: Global oil, gas producers cut spending after crude price crash

Oil and gas companies are cutting spending plans in response to the new coronavirus and a push by Saudi Arabia and Russia to ramp up output. […]
March 25, 2020

AB Volvo postpones AGM due to uncertainty over coronavirus impact

Truckmaker AB Volvo said on Wednesday it had decided to postpone its annual shareholders meeting due to the prevailing uncertainty around the effects from the global […]
March 25, 2020

Explainer: Trump has little power to restart U.S. economy

U.S. President Donald Trump on Tuesday said he wants the U.S. economy to reopen by Easter Sunday, April 12, despite the rapid spread of the novel […]
March 25, 2020

Qantas shares soar on financing deal as rivals cut more capacity

Qantas Airways Ltd on Wednesday secured A$1.05 billion ($627.8 million) against its aircraft fleet to help it ride out the coronavirus crisis, sending shares up 30%, […]
March 25, 2020

Oil ekes out gains as U.S. stimulus hopes lift global markets

Oil prices extended gains for a third session on Wednesday, rising alongside broader financial markets on hopes Washington will soon approve a massive aid package to […]
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