Oil falls as crude in U.S. storage nears all-time high
Oil prices fell on Monday on signs that worldwide oil storage is filling rapidly, raising concerns that production cuts will not be fast enough to...
Investors bet on testing, treatments for restart of U.S. economy
Investors are pinning their hopes for the reopening of the U.S. economy on the potential for wider availability of testing for COVID-19 cases and on...
Asia shares edge ahead, eyes on BOJ easing
Asian shares inched higher on Monday ahead of a busy week for earnings and central bank meetings, with much chatter the Bank of Japan (BOJ)...
Airbus warns staff on jobs with its ‘survival at stake’
European planemaker Airbus issued a bleak assessment of the impact of the coronavirus crisis, telling the company’s 135,000 employees to brace for potentially deeper job...
Airbus survival at stake without immediate action: CEO memo
European planemaker Airbus has issued a grim assessment of the impact of the coronavirus crisis, telling the company’s 135,000 staff to brace for potentially deeper...
Oil futures open lower in electronic trading
U.S. oil futures dipped in electronic trading Sunday evening, extending losses from last week that marked the eighth week of losses out of the last...
U.S. will cap how much each bank can lend under emergency coronavirus program: memo
The U.S. government will cap how much each bank can lend under the emergency loan program designed to keep workers on payrolls amid the coronavirus...
After betting its future on Boeing, jetmaker Embraer scrambles for elusive plan B
Brazilian planemaker Embraer SA has been thrust into an uncertain future with no immediate plan B, while not ruling out seeking a bailout after Boeing...
European carmakers restart production as coronavirus lockdowns ease
Volkswagen will restart production at its Wolfsburg factory in Germany on Monday, the latest of a fleet of European carmakers to take advantage of eased...
U.S. economy faces historic shock, with 16% joblessness possible: Trump adviser
The shuttering of the U.S. economy due to the coronavirus pandemic is a shock of historic proportions that likely will push the national unemployment rate...