May 26, 2020

Apple to reopen about 100 U.S. stores, most with curbside pickup

Apple Inc plans to reopen about 100 U.S. stores, mostly with curbside pickup but some with walk-in service, the company said on Tuesday. Powered by WPeMatico
May 26, 2020

JPMorgan CEO: bank will again boost credit reserves in second quarter

JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said on Tuesday that he expects the bank to take another significant credit reserve build in the […]
May 26, 2020

Oil prices rise as faith in supply cuts grows

Oil prices rose on Tuesday, supported by growing confidence that producers are following through on commitments to cut supplies and as fuel demand picks up with […]
May 26, 2020

U.S. consumer confidence stabilizes; new home sales surprise

U.S. consumer confidence nudged up in May, suggesting the worst of the novel coronavirus-driven economic slump was likely in the past as the country starts to […]
May 26, 2020

Exclusive: Coronavirus spreads in Brazil’s oilfields, as six offshore operators register cases

Norway’s Equinor ASA , Brazil’s Dommo Energia SA and Anglo-French firm Perenco are among at least six oil producers that have registered coronavirus cases among employees […]
May 26, 2020

Austrian Airlines, government agree financing package: Kurier

Austria’s government and Lufthansa-owned carrier Austrian Airlines on Tuesday reached agreement on loans for the airline and to keep Vienna airport as a long-haul hub, a […]
May 26, 2020

U.S. passenger railroad Amtrak says it needs new $1.5 billion bailout

U.S. passenger railroad Amtrak told Congress in a letter made public Tuesday it needs another $1.475 billion bailout or it will be forced to make sweeping […]
May 26, 2020

French restaurant ruling puts coronavirus claims on global menu

AXA will meet the bulk of business interruption claims from some restaurant owners in France, it said on Tuesday, after losing a court case seen as […]
May 26, 2020

Supercar group McLaren to cut 1,200 jobs across group amid pandemic

British supercar manufacturer McLaren Group, which includes the Formula One team, said on Tuesday it would cut 1,200 jobs under a proposed restructuring programme as it […]
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