Asian shares make cautious gains, capped by fresh oil woes
Most Asian shares ground higher while U.S. stock futures fell on Tuesday amid choppy trade as a renewed decline in oil prices partially offset optimism...
HSBC sees mounting credit losses after pandemic halves first-quarter profit
HSBC Holdings PLC on Tuesday warned of more earnings pain to come after first-quarter profit nearly halved as it boosted provisions against bad loans expected...
Bayer faces second investor reckoning over glyphosate litigation
Bayer on Tuesday faces its second annual investor reckoning over its handling of a wave of U.S. lawsuits claiming its glyphosate-based weedkillers cause cancer....
Novartis posts first-quarter sales, profit beat as COVID-19 spurs prescriptions
Swiss drugmaker Novartis reported rising first-quarter sales and profit that beat analyst expectations and confirmed its 2020 targets as the coronavirus pandemic prompted patients to...
Germany agrees on Lufthansa rescue package worth 9 billion euros: Business Insider
Germany has agreed to help airline Lufthansa with a rescue package worth about 9 billion euros ($9.74 billion) in return for a blocking minority and...
HSBC first-quarter profit halves as it beefs up bad loan provisions due to the pandemic
HSBC Holdings PLC’s on Tuesday warned of more earnings pain to come after first-quarter profit nearly halved as it boosted provisions against bad loans expected...
Novartis sales, profit rise amid coronavirus as drugmaker confirms 2020 outlook
Swiss drugmaker Novartis boosted first-quarter sales and profit and confirmed its 2020 targets as its generics unit’s sales were lifted during the coronavirus epidemic without...
German government agrees rescue package worth 9 billion euros for Lufthansa: Business insider
The German government has agreed to help airline Lufthansa with a rescue package worth around 9 billion euros ($9.74 billion) in return for a blocking...
Oil prices dive as world runs low on storage capacity while demand plunges
Oil prices slumped again on Tuesday amid concern about dwindling crude storage capacity worldwide and fears that fuel demand may only recover slowly once countries...
With virus war still raging, Fed peers out of the foxhole
The Federal Reserve has two core jobs assigned by Congress: Foster maximum employment and stable prices....