June 5, 2020

Surprise May U.S. payrolls rise fans hopes for economic recovery

The U.S. unemployment rate unexpectedly fell in May and layoffs abated, the Labor Department said on Friday in a report that showed the latest signs the […]
June 5, 2020

Pence says jobs report indicative of U.S. economy beginning to recover

U.S. Vice President Mike Pence said the jobs report released on Friday was a sign the U.S. economy was beginning to recover from the deep hit […]
June 5, 2020

BA owner considers legal challenge to UK quarantine as relations fray

The owner of British Airways is considering a legal challenge to Britain’s quarantine plan, as relations between airlines and the government are frayed by steps to […]
June 5, 2020

Barclays poaches Citigroup’s Chawla in latest insurance investment banker move

Gautam Chawla is joining Barclays from Citigroup Inc , a statement from the British lender said on Friday, continuing the recent spate of job changes among […]
June 5, 2020

Equities surge, bonds tumble on surprise U.S. jobs gains

An unexpected jump in U.S. employment sent world equities surging on hopes that the global economy has started to recover from the coronavirus pandemic, pulling investors […]
June 5, 2020

WeWork Global to invest $100 million in India business

WeWork will invest $100 million in its Indian business as the office-sharing startup looks to ride out the coronavirus crisis, which has kept people indoors and […]
June 5, 2020

British luxury carmaker Bentley to cut quarter of workforce

British luxury carmaker Bentley Motors said on Friday it plans to shed up to 1,000 jobs, nearly a quarter of its workforce, adding to the gloom […]
June 5, 2020

Global stocks and euro surge ahead of U.S. jobs data

World stocks held their ground near three-month highs as the euro hit its highest level since March 10, thanks to Europe’s stimulus boost, fuelling hopes for […]
June 5, 2020

Bargain-conscious Americans lift used-car sales in the coronavirus economy

At the height of the coronavirus pandemic in mid-April, used-car dealer Alex Tovstanovsky had vehicles jammed six rows deep on his lot in the western Chicago […]
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