Deutsche Bank seeks to reassure employees, investors as stock slides
Deutsche Bank’s top executives sought to assure employees and investors over its ability to weather the coronavirus as shares in the German lender hit a...
French watchdog set to fine Apple over anti-competitive behavior: sources
France’s competition watchdog is set to fine iPhone maker Apple next Monday over anti-competitive behavior in its distribution and sales network, two sources close to...
Dow heads for worst day since 1987 as record bull run ends
The Dow Jones index was on course on Thursday for its worst performance since Wall Street’s “Black Monday” crash of 1987, as President Donald Trump’s...
JPMorgan asks New York staff to work from home to stem virus spread – memo
JPMorgan Chase & Co has asked New York-area employees to work from home to stem the spread of the coronavirus, according to an internal memo...
Activist investor Icahn raises stake in Occidental to nearly 10%
Billionaire investor Carl Icahn has raised his stake in Occidental Corp to nearly 10%, or about 88.6 million shares, saying the shares were undervalued, an...
Markets in virus panic: day’s plunge in charts
A coronavirus-induced meltdown on Wall Street and other financial markets saw prices plunge on Thursday for everything from stocks and corporate bonds to bitcoin, oil...
U.S. weekly jobless claims fall, but coronavirus layoffs loom
The number of Americans filing for unemployment benefits unexpectedly fell last week as employers continued to hold on to their workers, but the coronavirus pandemic...
Coronavirus halts Lufthansa’s sale of international catering ops
German carrier Lufthansa has been forced by the coronavirus epidemic to halt the sale of the international operations of its airline caterer LSG, the company...
Oil falls, Brent crude drops 8% after Trump surprises with travel curbs
Oil prices fell, with Brent crude sliding 8% on Thursday after U.S. President Donald Trump unexpectedly announced restrictions on travel from Europe in an attempt...
Dow heads for worst day since 1987 on Europe travel shock
The Dow Jones Industrials index was on course for its worst day since 1987 as President Donald Trump’s sweeping move to restrict travel from Europe...