World equity markets edge higher despite oil plunge to 2002 lows
Global equity benchmarks rose slightly on Monday despite a drop in oil prices to their lowest levels since 2002, as central banks and the United...
IMF says ECB, ESM support key to strong EU coronavirus response
The International Monetary Fund said on Monday the relaxation of the euro zone’s fiscal rules and support from the European Central Bank and the European...
Swiss bank UBS sticks to 2019 dividend amid global calls for payout freezes
UBS Group intends to pay its 2019 dividend, the Swiss bank said on Monday, despite guidance from markets supervisor FINMA, the Swiss government and international...
Harley-Davidson says investor Impala drops plans for board nominations
Harley-Davidson Inc said on Monday that investor Impala Asset Management no longer planned to nominate two candidates to its board....
Commerzbank cancels its 2019 dividend recommendation
Commerzbank said on Monday that it will not propose a dividend for 2019....
Barclays sets 2050 ‘net zero’ carbon goal after investor pressure
Barclays drew cautious investor support on Monday for setting itself an ambition to reach ‘net zero’ for its own carbon emissions and the activities it...
Johnson & Johnson, U.S. government plan one billion doses of coronavirus vaccine
Johnson & Johnson said on Monday it made a $1 billion deal with the U.S. government to create enough manufacturing capacity for more than 1...
Wall St. rises at open as investors weigh stimulus against shutdown
U.S. stocks opened higher on Monday as President Donald Trump followed last week’s massive fiscal stimulus by extending his stay-at-home guidelines, leaving investors guessing at...
Lockdown set to stymie Fiat attempt to restart some Italian production
A probable extension of Italy’s lockdown could frustrate an attempt by Fiat Chrysler to resume some vehicle production at three Italian plants next week, a...
Mylan offers concessions to address EU concerns about Pfizer deal
Generic drugmaker Mylan NV has offered concessions to address European Union antitrust concerns about its bid for Pfizer’s off-patent branded drugs business Upjohn, a filing...