Airbus evaluates requests for delays to jet deliveries
European planemaker Airbus is examining multiple customer requests to defer deliveries after travel demand collapsed because of the coronavirus epidemic, it said on Thursday....
Exclusive: Hedge fund Elliott says stocks could fall 50% from February highs – letter
Billionaire Paul Singer’s Elliott Management said global stocks could tumble more — ultimately losing half of their value from February’s high — as the world...
Google’s fast-growing Meet video tool getting Zoom-like layout, Gmail link
Google will allow business and education users on Gmail.com to directly take calls on its video conferencing tool Meet starting Thursday, a new feature being...
U.S. opposes massive liquidity IMF boost: Mnuchin
The United States opposes creation of liquidity through issuance of the International Monetary Fund’s Special Drawing Rights (SDRs) as part of the response to the...
VW ditches outlook after COVID-19 hammers first-quarter profit
Germany’s Volkswagen Group withdrew its outlook for 2020 on Thursday due to uncertainty related to the new coronavirus outbreak which caused operating profit to drop...
Airbus says has received many requests to defer deliveries
Airbus said on Thursday it had received multiple requests from customers to defer deliveries after travel demand collapsed due to the coronavirus epidemic....
U.S. weekly jobless claims top 5.2 million in latest week
Another 5.2 million more Americans sought unemployment benefits last week, lifting total filings for claims over the past month above an astounding 20 million, which...
Lockdown easing hopes lift futures ahead of jobless claims
U.S. stock index futures edged higher on Thursday, as hopes President Donald Trump would ease strict stay-at-home restrictions lifted the mood even as investors braced...
Abbott beats quarterly profit, but pulls forecast on coronavirus concerns
Abbott Laboratories beat quarterly profit estimates on Thursday as stay-at-home orders prompted customers to stockpile its nutrition products but the company suspended its full-year forecast...
Barrick expects 8.5% drop in first-quarter gold output
Barrick Gold expects a 8.5% drop in first-quarter gold production, it said on Thursday, as the COVID-19 pandemic forced miners to scale back operations and...