Low rates, warming housing market – is it deja vu for Bank of Canada’s Stephen Poloz?
Bank of Canada Governor Stephen Poloz looks ready to end his term where he began, setting interest rates near historic lows to support the broader...
Oil eases as demand worries overshadow OPEC deal to deepen supply cuts
Oil prices edged lower on Thursday as the coronavirus epidemic showed no signs of slowing, with deaths mounting globally, but losses were limited as major...
HP rejects Xerox’s raised takeover offer of $35 billion
HP Inc on Thursday rejected Xerox Holdings Corp’s raised takeover bid of about $35 billion, saying it undervalued the personal computer maker....
Oil falls, OPEC backs deeper supply cuts
Oil fell on Thursday as the coronavirus epidemic showed no signs of slowing, with deaths mounting globally, and while major producers agreed on deeper output...
Exxon CEO sticks to spending targets as oil prices tumble
Two years into an ambitious growth plan to revive earnings at the largest U.S. oil company, Exxon Mobil said on Tuesday it would stick to...
Futures plunge on virus fears as California declares emergency
Coronavirus fears looked set to drive another steep drop for U.S. stock markets on Thursday after California declared an emergency, while airlines shares were hammered...
Southwest Airline sees first-quarter revenue hit from coronavirus outbreak
Southwest Airlines Co said on Thursday it expected a hit of up to $300 million to its first-quarter operating revenue from the coronavirus outbreak, prompting...
Oil rises as OPEC backs deeper supply cuts
Oil rose on Thursday after major producers agreed on deeper output cuts to bolster prices as worries intensify over the fast-spreading coronavirus outbreak and its...
Transforming Britain’s John Lewis could take five years, new boss warns
The new chairman of British retailer John Lewis warned on Thursday it could take up to five years to revive the employee-owned group hit by...
Coronavirus hit to airlines could top $100 billion, Flybe collapses
The coronavirus epidemic could rob passenger airlines of up to $113 billion in revenue this year, an industry body warned on Thursday, more than three...