Government bonds hammered as stocks resume slide
Global stocks resumed a steep slide on Wednesday while bond markets rushed to price in the sheer scale of government support programs and handouts announced...
Japan’s Sharp sues Tesla for patent infringement over network gear: source
Sharp Corp has filed a patent infringement lawsuit against the Japanese unit of Tesla Inc , seeking an injunction to halt imports of some electric...
Emirates asks pilots and cabin crew to take unpaid leave
Emirates is asking pilots and cabin crew to take unpaid leave and rival Qatar Airways laid off about 200 staff in Doha this week as...
IKEA closes all U.S. stores, China back up except for Wuhan store
IKEA, the world’s biggest furniture brand, is temporarily closing more stores as the coronavirus spreads, including all 50 in its second-biggest market the United States....
Rolls-Royce motor cars suspend production in UK over coronavirus
Rolls-Royce motor cars said it would suspend production at its British plant for two weeks to ensure the health of its employees....
EasyJet launches winter sale in coronavirus rebooking push
EasyJet launched an early sale on cut-price winter 2020-21 flights, even as the airline industry heads into a deepening coronavirus crisis that threatens to ground...
Futures slump as stimulus high fades, Boeing tumbles
U.S. stock index futures tumbled on Wednesday, pointing to another volatile session for Wall Street as a bounce from sweeping stimulus measures was eclipsed by...
Impact of virus turmoil would hit Deutsche Bank later this year, not in first-quarter: executive
The impact of the current turmoil related to the coronavirus is more likely to affect Deutsche Bank later this year rather than in the first...
Japanese automakers close more plants in Europe, Asia due to virus
Japanese automakers on Wednesday said they would temporarily close more vehicle plants in Europe and Asia as the spread of the coronavirus prompts countries to...
Chairman of Santander’s Portuguese unit dies from coronavirus
The chairman of the Portuguese unit of Spain’s largest bank, Santander, Antonio Vieira Monteiro, died from the coronavirus on Wednesday, the second victim of the...