Oil falls $2 as Trump surprises with travel ban
Oil prices fell on Thursday following surprise travel restrictions imposed by U.S. President Donald Trump in an attempt to halt the spread of coronavirus after...
Shell CEO’s 2019 pay halves after fatalities, revenue fall
Royal Dutch Shell Chief Executive Ben van Beurden’s pay package halved last year to 10 million euros ($11.3 million) after the energy company suffered seven...
China automakers seek government relief after February sales dive 79% on coronavirus
Automakers in China are calling on the government to help after industry-wide sales plunged 79% in February to mark their biggest ever monthly decline, with...
BOJ’s Kuroda meets with PM Abe and vows response to coronavirus
The Bank of Japan is ready to take further steps to support the economy in the face of the coronavirus epidemic, Governor Haruhiko Kuroda said...
Airline stocks plunge as U.S. puts Europe in coronavirus quarantine
European airline stocks already battered by the coronavirus plunged again on Thursday, as a U.S. travel ban on much of continental Europe deepened the sector’s...
Global stocks plunge into bear market as Trump stuns with Europe travel ban
Global stocks plunged into a bear market and oil slumped on Thursday after U.S. President Donald Trump banned travel from Europe to stem the coronavirus,...
JP Morgan abandons Boeing buy call after three years
JP Morgan analysts have given up on their long-term “overweight” call on Boeing Co shares, cutting their price target for the company by $160 to...
Corporate credit risk heightens as coronavirus impact spreads
Investor worries about corporate credit are heating up as the coronavirus spreads, with the prices of bond funds taking a hit, companies starting to draw...
Cineworld could breach debt terms in worst case virus scenario
Cinema operator Cineworld could breach the terms of its existing debt arrangements under a worst case scenario for the impact of the coronavirus over the...
China automakers seek government relief after Feb sales dive 79% on coronavirus
Automakers in China are calling on the government to help after industry-wide sales plunged 79% in February to mark their biggest ever monthly decline, with...