Global stocks jump on Fed support, easing second wave fears
TOKYO/HONG KONG (Reuters) – Asian shares rallied and the dollar fell on Tuesday as risk appetite was bolstered by the…
Asian stocks set to fall sharply as Wall Street tumbles
NEW YORK (Reuters) – Asian equities are set to fall sharply on Friday after Wall Street stocks and oil tumbled…
Lufthansa accepts tweaked demands by Brussels over state bailout
BERLIN/FRANKFURT (Reuters) – Lufthansa’s management board has accepted a more favourable set of demands from the European Commission in exchange…
Jaguar seeks state loan as coronavirus pandemic takes toll: Sky News
Jaguar Land Rover unveils the new Jaguar F-Type model during its world premiere in Munich, Germany, December 2, 2019. REUTERS/Michaela…
Fed mulls firmer rate guidance, adding dates or goals, minutes show
(Reuters) – Federal Reserve policymakers last month opened a broad debate over what they can and should to do to…
UK’s COVID-19 death toll tops 38,000, worst in Europe
LONDON (Reuters) – The United Kingdom’s COVID-19 death toll topped 38,000 as of early May, by far the worst yet…
J. Crew files for bankruptcy as preppy retailer succumbs to COVID-19 fallout
(Reuters) – J. Crew Group Inc filed for bankruptcy protection on Monday with a plan to hand over control to…
Trump threatens new tariffs on China in retaliation for coronavirus
WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary…
Trump threatens new tariffs on China as U.S. mulls retaliatory action over virus
WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary…
UBS posts 40% first-quarter net profit rise as transaction levels jump
FILE PHOTO: The logo of Swiss bank UBS is seen in Zurich, Switzerland October 25, 2018. REUTERS/Arnd Wiegmann ZURICH (Reuters)…
Asia stocks set to rise as Wall Street jumps on lockdown easing hopes
NEW YORK (Reuters) – Asian stocks were set for gains on Tuesday after a strong Wall Street session as easing…
U.S. payroll protection program: What has changed in round two?
WASHINGTON (Reuters) – The Small Business Administration on Monday began allowing lenders to process $310 billion in funds for the…
U.S. will cap how much each bank can lend under emergency coronavirus program: memo
FILE PHOTO: A person in a mask walks on a nearly empty street in the coronavirus outbreak near the Treasury…
Fed policymakers working to limit damage as pandemic puts U.S. economy on pause
(Reuters) – The U.S. economy was on a strong footing before the coronavirus pandemic and Federal Reserve officials are working…
Boeing hires Lazard, Evercore to assess government aid or private loans: source
WASHINGTON (Reuters) – Boeing Co has hired investment banks Lazard and Evercore Inc to assess potential U.S. government assistance or…
Honeywell renews $1.5 billion revolving credit agreement
FILE PHOTO – A logo of Honeywell is pictured on their booth during the European Business Aviation Convention & Exhibition…
Boeing supplier furloughs 2,300 employees on closure of Boeing facilities amid COVID-19
(Reuters) – U.S. aero parts maker Triumph Group Inc (TGI.N) said it was furloughing about 2,300 employees across its U.S.…
U.S. Senate races to agree on massive coronavirus relief package
WASHINGTON (Reuters) – The Republican-led U.S. Senate scrambled on Saturday to forge a bipartisan agreement on a $1 trillion-plus bill…
Buffett says coronavirus doesn’t dampen his long-term support for stocks
FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire…
Alibaba offers $2.86 billion in loans to firms hit by coronavirus outbreak
(This Feb 10 story refiles to add bylines) SHANGHAI (Reuters) – Alibaba Group Holdings (BABA.N) said on Monday its affiliate…
Exclusive: Italian government leaning towards third term for Eni CEO – sources
ROME/MILAN (Reuters) – The Italian government is leaning toward reappointing Claudio Descalzi as CEO of state-controlled oil firm Eni, provided…
China posts weakest growth in 29 years as trade war bites, but ends 2019 on firmer note
BEIJING (Reuters) – China’s economic growth slowed to its weakest in nearly 30 years in 2019 amid a bruising trade…
Bank of America quarterly profit falls 4%
FILE PHOTO: A Bank of America building is seen in Los Angeles, California, U.S., May 6, 2019. REUTERS/Lucy Nicholson (Reuters)…
Prosecutors claim Avenatti was over $15 million in debt during alleged Nike extortion
(Reuters) – California attorney Michael Avenatti, known for representing porn actress Stormy Daniels in a lawsuit against U.S. President Donald…
Fed holds rates steady, expects moderate economic growth next year
WASHINGTON, (Reuters) – The U.S. Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs are likely to…
Global stocks falter on trade uncertainty; sterling gains
NEW YORK (Reuters) – The dollar slid and global equity markets traded little changed on Thursday as enthusiasm over Apple…
Euro zone inflation rises quicker than expected in November
BRUSSELS/FRANKFURT (Reuters) – Euro zone inflation accelerated faster than expected in November on a rise in food and services prices,…
Fed’s Powell: Monetary policy well positioned to support strong labor market
PROVIDENCE, R.I. (Reuters) – Monetary policy is “well positioned” to support the strong labor market, which is just now starting…
Dollar, stocks slip amid trade deal uncertainty
NEW YORK (Reuters) – The dollar slid and global equity markets fell on Monday after U.S. President Donald Trump’s remarks…
Stocks gain on trade hopes, risk appetite lifts dollar
NEW YORK (Reuters) – The dollar strengthened and global stock markets rallied on Monday on signs the United States and…
Aramco IPO will come soon, Saudi crown prince to decide: energy minister
FILE PHOTO: The Saudi Aramco logo pictured at the company’s oil facility in Abqaiq, Saudi Arabia, October 12, 2019. REUTERS/Maxim…
U.S. Treasury temporarily blocks creditor seizure of refiner Citgo
CARACAS (Reuters) – The United States on Thursday temporarily blocked a creditor seizure of Citgo, a win for political leaders…
Stocks flat on data, earnings; pound volatile
NEW YORK (Reuters) – A gauge of world stock markets was flat on Wednesday as U.S. data that raised concerns…
Groups bidding for PES refinery due to tour fire-damaged site: sources
NEW YORK (Reuters) – Groups vying for the idled Philadelphia Energy Solutions oil refinery have entered the second phase of…
PG&E says it has $34.45 billion in debt financing for reorganization
SAN FRANCISCO (Reuters) – PG&E Corp said in court papers on Friday it has debt financing commitments of $34.35 billion…
Instant View: U.S. September payrolls lower than expected, jobless rate drops
(Reuters) – U.S. job growth increased moderately in September, with the unemployment rate dropping to near a 50-year low of…
Final Thomas Cook holiday-makers to fly home to Britain
FILE PHOTO: An Airbus A320 of Thomas Cook Airlines lands at Duesseldorf Airport, Germany September 23, 2019. REUTERS/Wolfgang Rattay LONDON…
Saudi Aramco seeks project finance loan of more than $1 billion: sources
DUBAI (Reuters) – Saudi Aramco has asked banks to submit proposals for a project finance loan of more than $1…
Aston Martin secures $150 million from bond issue
FILE PHOTO: The Aston Martin Lagonda Vision Concept car is pictured during the 88th Geneva International Motor Show in Geneva,…
Stocks fall as Trump impeachment talk grows; sterling up after Brexit ruling
NEW YORK (Reuters) – A gauge of global stocks fell for a third day on Tuesday as a push by…
WeWork’s Neumann surrenders control, CEO role following investor revolt
(Reuters) – WeWork co-founder Adam Neumann agreed on Tuesday to resign as chief executive and give up majority voting control,…
Mexico tourism mostly unaffected by Thomas Cook closure: ministry
MEXICO CITY (Reuters) – The collapse of British travel firm Thomas Cook will not have a “significant impact” on Mexico’s…
Germany offers Thomas Cook’s Condor 380 million euro bridging loan
BERLIN (Reuters) – Germany will guarantee a 380 million euro ($418.6 million)bridging loan for Condor, the German airline owned by…
About 45 Tunisian hotels affected by the collapse of Thomas Cook
TUNIS (Reuters) – About 45 hotels have been affected in Tunisia after the collapse of Thomas Cook, and the government…
As Thomas Cook customers return home, blame game begins
LONDON/NEW YORK (Reuters) – Prime Minister Boris Johnson and unions questioned the part played by Thomas Cook’s richly rewarded bosses…
SoftBank mulls bringing 40 companies to Brazil
FILE PHOTO: The logo of SoftBank Group Corp is displayed at the SoftBank World 2017 conference in Tokyo, Japan, July…
France and Germany united on strategy to fight global slowdown: French minister
French Finance Minister Bruno Le Maire, German Economy Minister Peter Altmaier and German Finance Minister Olaf Scholz arrive to attend…
After LSE’s sharp rebuff, HKEX begins investor charm offensive
LONDON (Reuters) – Hong Kong Exchanges and Clearing (0388.HK) is embarking on a three-week charm offensive with London Stock Exchange…
Argentine markets split after currency controls stoke uncertainty
BUENOS AIRES/LONDON (Reuters) – Argentina’s international dollar and euro-denominated bonds fell to record lows on Monday and the official peso…
Philip Green prepares to break up his Arcadia Group: Sunday Times
Sir Philip Green attends the TopShop Spring/Summer 2018 show at London Fashion Week in London, Britain September 17, 2017. REUTERS/Mary…
IMF board to meet for informal session about Argentina -spokesperson
BUENOS AIRES (Reuters) – The executive board of the International Monetary Fund will meet for an “informal information session” on…
Exclusive: T. Rowe Price held talks with Guaido team on Venezuela PDVSA 2020 payment
CARACAS (Reuters) – T. Rowe Price has held informal talks with advisors of Venezuelan opposition leader Juan Guaido about financing…
Argentine bond prices fall, country risk soars on debt ‘reprofiling’ plan
BUENOS AIRES (Reuters) – Argentine bond prices fell on Thursday and country risk soared to levels not seen since 2005…
U.S. yields climb on trade optimism, weak auction
NEW YORK (Reuters) – U.S. Treasury yields rose on Thursday with 30-year yields climbing from record lows, as hopes on…
As U.S. Treasuries sizzle, some bond investors brace for possible sell-off
NEW YORK (Reuters) – While there seems to be no end on the horizon to this year’s dramatic rally in…
U.S. 10-year TIPS yields fall deeper into negative territory
FILE PHOTO: A trader works on the floor of the New York Stock Exchange shortly after the closing bell in…