Stocks climb as investors digest grim U.S. jobs data
World equity markets climbed on Thursday on the back of a surge in risky assets like oil, offsetting concerns over an increasing death toll from...
Bank of America cuts Brazil 2020 GDP forecast to -3.5% from -0.5%: report
Bank of America on Thursday cut its 2020 forecast for Brazil’s gross domestic product (GDP) to a 3.5% contraction from a 0.5% fall, it said...
Luckin Coffee shares sink after COO accused of financial misconduct
Shares of Luckin Coffee Inc sank more than 80% on Thursday after the Chinese coffee chain said an internal investigation had shown that its chief...
Uber to start shipping car disinfectants to drivers
Uber Technologies Inc will begin shipping disinfecting car spray to selected drivers in areas most affected by the coronavirus outbreak, an executive said on Thursday....
Your money: How to adjust your autopay spending during the coronavirus pandemic
Coronavirus lockdowns might have caught a lot of people by surprise last month, but with April’s new billing cycle, it is time for cash-strapped Americans...
Bank of England doubles size of corporate bond purchase program
The Bank of England said on Thursday it will double the size of its corporate bond purchase program to at least 20 billion pounds ($24.7...
Output at Nissan’s UK car plant suspended throughout April over coronavirus
Production at Nissan’s British factory, the country’s biggest car plant, is suspended throughout April, continuing a shutdown in place since mid-March as the coronavirus outbreak...
Russia does not rule out returning to oil talks with Saudi Arabia
Russian Energy Minister Alexander Novak said on Thursday that Moscow may return to oil talks with Saudi Arabia....
Saudi Arabia and Russia signal readiness to cooperate on oil
Saudi Arabia and Russia signalled on Thursday they were ready to cooperate to help stabilise the oil market after calls with U.S. President Donald Trump...
JPMorgan CEO Jamie Dimon back at work after heart surgery
JPMorgan Chase & Co Chief Executive Officer Jamie Dimon has returned to lead the largest U.S bank, after recovering from recent heart surgery, according to...