Airline industry may not survive without state aid: Lufthansa
Lufthansa said that the airline industry may not survive without state aid if the coronavirus pandemic lasts for a long time, as it throws everything...
Tesla’s Musk offers to make ventilators amid shortage in coronavirus battle
Hundreds of Twitter users welcomed on Thursday an offer by Tesla’s chief executive, Elon Musk, to make ventilators for coronavirus sufferers, after the United States...
Oil pares gains as investors wait to see if coronavirus stimulus works
Oil prices rose on Thursday but pared early gains as investors tried to assess how effective massive stimulus by central banks will be in shoring...
Cash is king as emergency stimulus fails to stop market panic
The dollar surged and everything else was blown away on Thursday as emergency central bank measures in Europe, the United States and Australia failed to...
Dollar surges, stocks fall as ECB fails to stop panic
The dollar surged, bonds plunged and global markets struggled to find their footing on Thursday as the European Central Bank’s latest promise of stimulus provided...
NYSE to shift fully to e-trading from Monday after two coronavirus cases
The New York Stock Exchange (NYSE) will temporarily close its trading floors and move fully to electronic trading from Monday, its owner Intercontinental Exchange Inc...
Just another trading day: Wild swings and dash for cash trigger selling
Another day of massive swings across asset prices was marked by scant liquidity as investors dashed for cash while systematic strategies triggered automated selling amid...
Airline industry turmoil deepens as coronavirus pain spreads
Airline industry turmoil deepened on Thursday as Qantas Airways Ltd told most of its 30,000 employees to take leave and India prepared a rescue package...
Harley-Davidson faces proxy fight with investor Impala
Harley-Davidson Inc faces a battle with one of its investors after Impala Asset Management said on Wednesday it will try to install two directors at...
Oil rockets nearly 20% as investors hail coronavirus stimulus spending – for now
Oil prices surged as much as nearly 20% on Thursday, bouncing back from days of heavy losses in a relief rally that may yet be...