Dollar creeps higher as virus worries return
The dollar found a footing on Wednesday as investors returned to safe-havens, unwinding some risk currency gains made on hopes the coronavirus crisis in Europe...
Oil prices jump as focus swivels to OPEC, Russia meeting on output cuts
Oil climbed on Wednesday, reversing most of the prior session’s losses, as investors pinned hopes on a Thursday meeting where OPEC members and allied producers...
U.S. oil state senators to talk crude markets with Saudi officials Saturday: source
Republican U.S. senators who have introduced a bill that would remove U.S. defense systems and troops in Saudi Arabia unless it cuts oil output will...
Airbnb’s new $1 billion investment comes at lower valuation: sources
Airbnb Inc’s new $1 billion investment from private equity firms Silver Lake and Sixth Street Partners has terms that imply a reduced valuation of the...
Wynn, NCR deals a sign of yet more risk returning to bond market
U.S. casino operator Wynn Resorts Ltd and automated teller machines maker NCR Corp jointly raised $1 billion on Tuesday, in the first unsecured junk-rated bond...
Asian shares poised to follow Wall Street’s rocky lead
Asian stock futures were under pressure on Wednesday after a late, sharp sell-off on Wall Street and as oil prices slumped under pressure from swelling...
Levi’s coming back to life in China as stores reopen, online sales rise
Levi Strauss & Co said on Tuesday a majority of its stores in China, where the coronavirus outbreak first emerged in December, were open with...
Trump says $70 billion in coronavirus rescue loans authorized. But where’s the cash?
Roughly $70 billion of a $350 billion pot of loans to cover the payrolls of ailing small businesses have been originated by U.S. lenders in...
Buffett’s Geico offers $2.5 billion credits as coronavirus cuts driving
Geico Corp, part of billionaire Warren Buffett’s Berkshire Hathaway Inc, said on Tuesday it will offer about $2.5 billion of credits to its 19 million...
Amazon testing disinfectant fog at New York warehouse after coronavirus protests
Amazon.com Inc is testing the use of disinfectant fog at a warehouse in Staten Island, New York starting on Tuesday, the company told Reuters, following...