May 26, 2020

NYSE to reopen trading floor closed by coronavirus

The New York Stock Exchange will partially reopen the trading floors at its iconic 11 Wall Street building on Tuesday for the first time since March […]
May 26, 2020

Hedge funds target France as short-selling bans lifted

A cluster of big name hedge funds have started betting against French companies, moving in after the lifting of a short-selling ban imposed earlier this year […]
May 26, 2020

Demand rise, output cuts could mean oil market balance in June

Recovering demand as coronavirus lockdowns ease combined with output cuts by top producers could balance global oil markets as soon as June, some analysts and banks […]
May 26, 2020

Chile’s LATAM Airlines files for U.S. Chapter 11 bankruptcy protection

LATAM Airlines Group SA said on Tuesday the company and its affiliates in Chile, Peru, Colombia, Ecuador and U.S. have filed for Chapter 11 bankruptcy protection […]
May 26, 2020

Korean prosecutors question Samsung heir in succession-related probe

Samsung Group heir Jay Y. Lee was questioned on Tuesday by prosecutors about a controversial 2015 merger and alleged accounting fraud that they said may have […]
May 26, 2020

Japan shares scale 10-week peak, S&P 500 breaks 3,000 barrier

Asian shares forged ahead on Tuesday while U.S. stock futures breached a major chart barrier as investors looked past Sino-U.S. trade tensions to more stimulus in […]
May 26, 2020

‘This could be the one that gets me,’ says oilfield service veteran

Tim Harris was preparing to relocate for an assignment with energy services firm Halliburton Co for the fifth time in 15 years when his career came […]
May 26, 2020

Uber-rival Bolt raises 100 million euros

Ride-hailing service Bolt said on Tuesday it has raised 100 million euros ($109 million) from London-based investment firm Naya Capital Management in a deal valuing the […]
May 26, 2020

Oil prices rise on supply cut hopes, easing of coronavirus lockdowns

Oil prices climbed on Tuesday, boosted by increasing faith in the market that producers will to stick to commitments to cut crude supply while demand picks […]
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