March 18, 2020

German retailers plead for state aid as stores close

Germany’s HDE retail association called on Wednesday for the government to give immediate state aid and tax relief to stop businesses going bust as stores closed […]
March 18, 2020

Futures slide again as stimulus high fades

U.S. stock index futures tumbled on Wednesday, pointing to another volatile session for Wall Street on fears that even dramatic stimulus measures would not be able […]
March 18, 2020

UBS weathers coronavirus ramp-up with low losses: CFO

Swiss bank UBS has seen relatively low losses in its lending portfolio and feels comfortable with its liquidity despite market drops amidst the coronavirus pandemic, Chief […]
March 18, 2020

Toyota says plans to shut more plants in Europe, Asia due to coronavirus

Toyota Motor Corp on Wednesday said it planned to stop output at more vehicles plants in Europe and Asia as the spread of the coronavirus prompts […]
March 18, 2020

BlackRock stands by climate priorities, sees tougher shareholder votes

BlackRock Inc executives who set the asset manager’s influential proxy votes on Tuesday outlined tougher priorities tied to climate change and executive pay for the upcoming […]
March 18, 2020

Fujifilm shares jump 15% on China coronavirus drug trial boost

Shares in Japan’s Fujifilm Holdings Corp surged 15% on Wednesday after a Chinese official said an active ingredient of the company’s Avigan anti-flu drug appeared to […]
March 18, 2020

Tesla plant can’t run normally in coronavirus shutdown: California county

Tesla Inc cannot continue to operate its main U.S. vehicle plant normally as its San Francisco Bay Area home began a three-week lockdown on Tuesday to […]
March 18, 2020

Global stocks drop as investors shun risk on coronavirus fears

U.S. stock futures and several Asian shares fell in choppy trade on Wednesday, as worries about the coronavirus pandemic eclipsed hopes broad policy support would combat […]
March 18, 2020

Oil steadies after testing new lows as coronavirus chaos intensifies

Oil prices steadied on Wednesday after slipping to new four-year lows, sapped by fears for fuel demand and the global economy amid travel and social lockdowns […]
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