Qantas asks Airbus for extension to A350-1000 order deadline due to virus
Qantas Airways Ltd has asked Airbus SE for an extension to a March-end deadline to order up to 12 A350-1000 planes capable of the world’s...
U.S. consumer watchdog charges Fifth Third Bank on opening phony accounts
The U.S. Consumer Financial Protection Bureau (CFPB) said on Monday it charged Fifth Third Bank, National Association, for creating fake client deposit and credit-card accounts...
Hawaiian Airlines CEO says hard to predict short-term industry outlook
While no U.S. airlines have requested a bailout to date, the head of Hawaiian Airline said on Monday that it was difficult to predict what...
Wall Street regulator paves way for home trading as coronavirus spreads
A U.S. regulatory body on Monday said it would temporarily waive some of its rules in order to allow thousands of traders to operate from...
Coronavirus, oil collapse erase $5 trillion from U.S. stocks
Fears about the rapidly spreading coronavirus and its impact on the global economy, which deepened on Monday with the collapse of oil prices, have evaporated...
Oil plunges 25%, hit by erupting Saudi-Russia oil price war
Crude prices suffered their biggest daily rout since the 1991 Gulf War on Monday as top producers Saudi Arabia and Russia began a price war...
Wall Street clobbered as crude plummets, virus crisis deepens
Wall Street suffered its biggest one-day loss since the 2008 financial crisis on Monday and recession worries loomed large as tumbling oil prices and ongoing...
Exclusive: CBOE VIX options froze at open – exchange official
Trading in options on Wall Street’s fear gauge was impossible in the first minutes of Monday’s session due to a complete absence of prices from...
Wall Street pounded by oil crash, virus fears
Wall Street’s main stock indexes plummeted about 5% on Monday, as a slump in oil prices and the rapid spread of the coronavirus amplified fears...
Big Oil faces ‘survival mode’ payout strategies as prices dive
An oil price plunge means the world’s top energy companies will have to review promises to return billions to investors, either by slowing down share...