The watchdogs overseeing the $2.3 trillion U.S. bailout
Who’s watching over the U.S. government’s largest bailout in history – the $2.3 trillion in fiscal stimulus to fight the economic impact of the coronavirus?...
Mexican president calls on Russia, Saudi Arabia to end oil price war
Mexican President Andres Manuel Lopez Obrador on Saturday called on Russia and Saudi Arabia to reach a deal soon and end their oil price war...
Trump says will ask Congress for more small business funds if money runs out
U.S. President Donald Trump said on Saturday he would ask Congress for more money to make loans to small businesses struggling with the economic fallout...
OPEC+ meeting delayed as Saudi Arabia and Russia row over oil price collapse: sources
OPEC and Russia have postponed a meeting due on Monday to discuss oil output cuts until April 9, OPEC sources said on Saturday, as a...
OPEC+ meeting delayed as Saudi Arabia and Russia row over price collapse
OPEC and Russia have postponed a meeting planned for Monday until later next week, OPEC sources said on Saturday, as a row intensified between Moscow...
Trump invokes Defense Production Act to stop export of masks
U.S. President Donald Trump on Friday signed an order directing his administration to stop N-95 face masks and other personal protective equipment needed in the...
Elliott hedge fund gains in March, up 2.2% for year: client update
Paul Singer’s Elliott International Ltd hedge fund gained an estimated 0.1% in March and is now up 2.2% for the year through the first quarter,...
GM reduces loan refinancing target, may pay up for new debt
NEW YORK (LPC) – General Motors Co (GM) will seek to extend maturities on US$6bn in revolving loans rather than refinance a US$16.5bn credit facility...
Berkshire Hathaway sells part of Delta, Southwest airline stakes
Warren Buffett’s Berkshire Hathaway Inc said on Friday it sold about 18% of its stake in Delta Air Lines Inc and 4% of its holdings...
U.S. SEC official urges delay in public comment on agency rule changes
The U.S. Securities and Exchange Commission’s lone Democratic commissioner on Friday called for a delay in pending rule changes due to the coronavirus outbreak, while...