March 17, 2020

Oil prices jump $1 as sharp falls draw investors, bargain buyers

Oil rose more than $1 on Tuesday as bargain hunters emerged after recent sharp falls due to the coronavirus pandemic and the price war between Saudi […]
March 17, 2020

Nordstrom shuts stores, pulls 2020 outlook due to coronavirus

Nordstrom Inc said on Monday it would temporarily shut its stores in the United States and Canada and pull its fiscal 2020 forecast, as the upscale […]
March 17, 2020

Asian stocks fall after historic Wall Street rout

Most Asian shares fell on Tuesday a day after Wall Street’s historic market rout, with fleeting initial gains evaporating as the coronavirus remained a major risk […]
March 17, 2020

PG&E wins approval for $23 billion bankruptcy financing package

Power producer PG&E Corp said on Monday that it won bankruptcy court approval to use up to $23 billion in financing after California Governor Gavin Newsom […]
March 17, 2020

Exclusive: Shale gas pioneer Chesapeake Energy taps restructuring advisers – sources

Chesapeake Energy Corp, the oil and gas exploration and production company that helped spearhead the U.S. shale revolution, has tapped debt restructuring advisers amid a rout […]
March 17, 2020

Oil prices jumped $1 as recent sharp falls draw investors

Oil prices rose more than $1 on Tuesday as the recent sharp falls due to the coronavirus pandemic encouraged bargain hunters to come forward, although the […]
March 17, 2020

Nordstrom to close stores in U.S., Canada, withdraws 2020 outlook due to coronavirus

Apparel retailer Nordstrom Inc on Monday withdrew its fiscal 2020 forecast and said it would close stores in the United States and Canada for two weeks […]
March 17, 2020

Boeing in talks for short-term U.S. government assistance

Boeing Co confirmed it is in talks with senior White House officials and congressional leaders about short-term assistance for itself and the entire aviation sector. Powered […]
March 17, 2020

Hyundai Motor’s China plant sales in February fall 97% from a year ago

Hyundai Motor’s China domestic plant sales in February was 1,007 vehicles, company data showed on Tuesday, down 97% from 38,017 vehicles a year ago. Powered by […]
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