March 24, 2020

JD Sports delays results to May, cites ample cash resources

Britain’s biggest sportswear retailer JD Sports said on Tuesday it has delayed the publication of its financial results to May and has enough cash resources to […]
March 24, 2020

Norwegian Air secures first cash infusion from state rescue package

Norwegian Air has fulfilled the first condition to access a government-led rescue package for the airline industry and secured an initial cash infusion of 300 million […]
March 24, 2020

Oil prices rise over $1 as U.S. ramps up economic support measures

Oil prices rose around 4% on Tuesday on hopes that the United States will soon reach a deal on a $2 trillion coronavirus aid package that […]
March 24, 2020

Oil prices climb as U.S. ramps up economic support measures

Oil prices rose on Tuesday on hopes that the United States will reach a deal soon on a $2 trillion coronavirus aid package which could blunt […]
March 24, 2020

Coronavirus shockwave rocks airplane manufacturers, suppliers

The pandemic is taking its toll on aerospace manufacturing, as Boeing Co announced it would halt production of most widebody jets and Airbus SE restarted only […]
March 24, 2020

Asia stocks rebound, Fed pits endless QE against economic reality

Asian stocks rebounded sharply on Tuesday as the U.S. Federal Reserve’s promise of bottomless dollar funding eased painful strains in financial markets, even if it could […]
March 24, 2020

Mexican referendum rejects U.S. Modelo brewer in new investment blow

Residents of a Mexican city on the U.S. border voted against completing a billion-dollar brewery being built by Constellation Brands Inc, the government said Monday, dealing […]
March 24, 2020

Wells Fargo to pay special compensation to front-line workers amid coronavirus outbreak

Wells Fargo & Co will join other large U.S. banks in paying out special compensation to front-line employees, according to a memo seen on Monday by […]
March 24, 2020

SoftBank shares jump 20% on record buyback announcement

SoftBank Group Corp stock jumped 20% on Tuesday, extending a run that began a day earlier when the Japanese tech investor announced up to $41 billion […]
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