SYDNEY (Reuters) – Asian shares pared early losses on Thursday after Chinese exports proved far stronger than even bulls had imagined, while U.S. bond investors were still daunted by the staggering amount of new debt set to be sold in
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Asia stocks set to track soft Wall Street lead amid pandemic worries
NEW YORK (Reuters) – Asian stocks were set to come under pressure on Thursday as downbeat economic data pushed investors to safe havens and growing worries about falling demand sent oil prices lower. Traders continue to be torn between signs
Asia stocks set to track soft Wall Street lead amid pandemic worries
NEW YORK (Reuters) – Asian stocks were set to come under pressure on Thursday as downbeat economic data pushed investors to safe havens and growing worries about falling demand sent oil prices lower. Traders continue to be torn between signs
Fox Corp quarterly revenue tops estimates as Super Bowl boosts viewership
(Reuters) – Fox Corp (FOXA.O) beat Wall Street estimates for third-quarter revenue and profit on Wednesday as Super Bowl broadcast boosted television viewership, sending the company’s shares up more than 2% in extended trading. Revenue from the company’s television unit
Wall Street gains on optimism over easing lockdowns
(Reuters) – Wall Street’s main indexes rose on Wednesday on hopes of a pickup in business activity as states eased coronavirus-induced curbs, with investors also looking past a stunning 20 million plunge in U.S. private payrolls last month. Five of
Amber Capital: no plans to sell Lagardere stake and it may even raise it
PARIS (Reuters) – The founder of activist investment company Amber Capital, which lost out this week in a bid to shake up the governance at French group Lagardere (LAGA.PA), said on Wednesday he had no plans to exit his stake
GM investors want to know how much more coronavirus pain remains
DETROIT (Reuters) – Investors want to know what kind of economic hit General Motors Co (GM.N) expects from the coronavirus pandemic as it moves forward, whether it needs to raise further cash and when North American vehicle production will resume
Oil surge lifts global stocks out of three-day losing streak
NEW YORK (Reuters) – A gauge of global stock markets snapped a three-day losing streak on Tuesday as moves to ease major economies out of their coronavirus lockdowns lifted the outlook for growth and helped give international oil prices a
Coronavirus: Virgin Atlantic to axe more than 3,000 jobs in battle for survival
Virgin Atlantic is to axe up to a third of its workforce as it battles to secure new funding that would enable it to survive the coronavirus pandemic. Sky News has learnt that the airline majority-owned by Sir Richard Branson’s
Italy's CNH Industrial aims for full production by end of May
MILAN (Reuters) – Vehicle and equipment maker CNH Industrial (CNHI.MI) said on Tuesday it planned to return progressively to full operations at most of its facilities around the world by the end of May, in line with the easing of