Oil jumps after Fed cuts U.S. interest rates, then pares gains
Oil prices rose on Tuesday but remained below session highs reached after the U.S. Federal Reserve cut interest rates in an emergency move designed to...
Thermo Fisher agrees to buy genetic tester Qiagen in $11.5 billion deal
Thermo Fisher Scientific Inc has agreed to buy German genetic testing company Qiagen in a $11.5 billion deal as the U.S.-based group looks to bolster...
Instant View: Fed announces surprise rate cut to counter coronavirus impact
The U.S. Federal Reserve cut interest rates on Tuesday in an emergency move designed to shield the world’s largest economy from the impact of the...
Fed slashes rates in emergency move to thwart coronavirus outbreak risks
The U.S. Federal Reserve cut interest rates on Tuesday in an emergency move designed to shield the world’s largest economy from the impact of the...
Mnuchin says supports Fed on rate cut move, says it’s ‘non-political’
U.S. Treasury Secretary Steven Mnuchin on Tuesday said he supports the Federal Reserve’s decision to cut interest rates in response to the fast-spreading coronavirus, its...
Trump calls on Fed to cut rates further after emergency move
U.S. President Donald Trump called for further cut rates after the Federal Reserve earlier on Tuesday slashed rates by half percentage point in an emergency...
Wall Street unconvinced by Fed emergency rate cut
The main U.S. stock market indexes inched lower in volatile trading on Tuesday, as investors worried even a shock emergency half-point cut in interest rates...
Hudson’s Bay Chairman Richard Baker to take over as CEO: source
Hudson’s Bay Co Chairman Richard Baker will take over as chief executive officer, a source familiar with the matter told Reuters on Tuesday, after his...
In an emergency move, Federal Reserve cuts interest rates to battle coronavirus
The U.S. Federal Reserve cut interest rates on Tuesday in an emergency move designed to shield the world’s largest economy from the impact of the...
Wall Street rebounds sharply after Fed’s emergency rate cut
U.S. stocks indexes surged on Tuesday after the Federal Reserve cut interest rates by a half percentage point in an emergency move designed to shield...