Dollar rules; ECB stimulus boosts bonds but not stocks
The dollar surged on Thursday as extraordinary steps by central banks across the world to stem a coronavirus-induced financial rout saw mixed success, boosting bonds...
Rich world pumps aid to fight virus, Britain latest to face lockdown
The world’s wealthiest nations poured unprecedented aid into the reeling global economy on Thursday as coronavirus cases ballooned in the current epicentre Europe and London...
American Airlines secures $1 billion credit line to deal with coronavirus crisis
American Airlines Group Inc has secured a new year-long $1 billion credit line, taking its available liquidity to $8.4 billion, a regulatory filing showed on...
Three people have coronavirus at U.S. mission in Geneva: official
Three people employed by the U.S. diplomatic mission in Geneva have contracted coronavirus, but are in “good condition”, a spokesperson told Reuters on Thursday, declining...
Pressures on Amazon’s staff in France unacceptable: minister
Pressures faced by Amazon’s staff in France are unacceptable, Finance Minister Bruno Le Maire said on Thursday, after unions said workers faced non-payment if they...
Oil gains amid market uncertainty over virus stimulus plans
Oil prices rose on Thursday, bucking panic selling in other markets, as investors tried to assess the impact of massive central bank stimulus in putting...
World leaders rush in to shore up panic-hit global financial system
World leaders raced to shore up panic-stricken global markets on Thursday, pouring liquidity into the financial system as investors everywhere dumped assets, switching to dollars...
Credit markets flash red as coronavirus hits corporate America
From airlines and cruise lines to retailers and energy companies, investors are fleeing large pockets of the corporate credit market, worried that the coronavirus pandemic...
Amazon to shut down Queens, New York hub after worker tests positive for coronavirus
Amazon.com Inc said on Thursday that one of its associates had tested positive for coronavirus at its Queens, New York delivery station and it will...
SoftBank shares close down 17% in biggest one-day fall
Shares of SoftBank Group Corp closed down 17% on Thursday in their biggest one-day fall, hammered by investor scepticism over the outlook for tech bets,...