May 6, 2020

World shares mixed amid hopes for business pickup; oil slides

Oil prices slid and world equity markets seesawed on Wednesday as investor hopes for a pickup in business activity were weighed against downbeat economic data and […]
May 6, 2020

Gold price boosts Barrick profit as miner eyes copper deals

Barrick Gold Corp reported a nearly 55% rise in quarterly profit on Wednesday as gold prices surged, bolstering its ability to snap up mines including in […]
May 6, 2020

Facebook names first members of oversight board that can overrule Zuckerberg

Facebook Inc’s new content oversight board will include a former head of state, a Nobel Peace Prize laureate and several constitutional law experts and rights advocates […]
May 6, 2020

Factbox: What to know about Facebook’s content oversight board

Facebook Inc on Wednesday announced the first 20 members of its independent oversight board that can overrule the company’s own content moderation decisions. Here are some […]
May 6, 2020

S&P 500, Nasdaq up as tech stocks rise; lockdown easing hopes persist

The S&P 500 and Nasdaq rose on Wednesday on hopes of a pickup in business activity as states eased coronavirus-induced curbs, with investors also looking past […]
May 6, 2020

Factbox: Who are the first members of Facebook’s oversight board?

Facebook Inc on Wednesday named the first members of its independent oversight board, which will be able to overturn the company’s decisions on individual pieces of […]
May 6, 2020

WTO must decide if U.S. complied with Boeing aid ruling, Airbus says

The World Trade Organization must decide whether the United States has fully complied with WTO rulings on illegal government aid to Boeing Co , and that […]
May 6, 2020

Abercrombie, Gap prepare to reopen stores as lockdowns ease

Abercrombie & Fitch Co and cash-strapped Gap Inc on Wednesday laid out plans to reopen stores in areas where lockdown curbs have eased, while also introducing […]
May 6, 2020

GM sets May 18 North American restart as profit tops estimates

General Motors Co on Wednesday outlined plans for a May 18 restart of most of its North American plants shut down by the coronavirus pandemic as […]
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