Dollar surges on quarter-end flows; outlook robust
The dollar climbed against a swathe of currencies on Tuesday amid fiscal year-end demand by Japanese firms while the Australian dollar slipped despite a Chinese...
Russia’s Gazprom says Bovanenkovo airport partially reopens
Russia’s Gazprom said on Tuesday that the Bovanenkovo airport, shut due to a coronavirus scare, has partially resumed operations to handle industrial cargoes and food,...
Ad giant WPP pulls dividend, buyback and outlook as clients cut spending
The world’s biggest advertising company WPP has pulled its dividend and share buyback and withdrawn its 2020 guidance after the coronavirus pandemic sparked the most...
Futures rise at end of dismal first quarter
U.S. stock index futures rose on Tuesday at the end of one of Wall Street’s worst first quarters on record, as an unexpected expansion in...
Gazprom says Bovanenkovo airport partially reopens
Russian gas producer Gazprom said on Tuesday that the Bovanenkovo airport, shut due to a coronavirus scare, has partially resumed operations to handle industrial cargoes...
Explainer: What the Federal Reserve has done in the coronavirus crisis
The Federal Reserve has moved into overdrive to try to keep the U.S. economy from suffering lasting damage from the coronavirus pandemic, announcing an emergency...
Deutsche Bank to sponsor Eintracht Frankfurt soccer team: sources
Deutsche Bank is set to ink a sponsorship deal with the local soccer team Eintracht Frankfurt, two people with knowledge of the matter said on...
Vivendi closes sale of 10% stake in Universal to Tencent consortium
Vivendi closed on Tuesday the sale of a 10% stake in Universal Music Group (UMG) – home to Taylor Swift and The Beatles – to...
Oil rises after 18-year lows prompt U.S.-Russia talks plan
Oil prices firmed on Tuesday after U.S. President Donald Trump and Russian President Vladimir Putin agreed to talks aimed at stabilising energy markets, with benchmarks...
Ineos to build third hand sanitizer plant in France in 10 days
British chemical company Ineos said on Tuesday it will build a third hand sanitizer plant in France in 10 days to help with a European...