Oil gains 1% as short-sellers take profit; investors still wary over coronavirus
Oil prices rose more than 1% on Tuesday as recent sharp falls have encouraged investors holding short positions to book profits, but the market remains...
Asian shares bounce, China factories fight to re-start
Asian share markets followed Wall Street higher on Tuesday even as doubts grew about how quickly China’s factories could get back to work given that...
Chinese media firm cuts 500 workers in bid to survive coronavirus
Chinese firm Xinchao Media has laid off 500 people, or just over 10% of its workforce, saying it needed to resort to such measures to...
Lessor BBAM orders three 737-800 converted freighters from Boeing
Boeing Co said on Tuesday that lessor BBAM had ordered three 737-800 converted freighters to serve the growing e-commerce market and express sectors of the...
Pratt & Whitney says Korean Air orders its engines for up to 50 A321neos
Korean Air Lines Co Ltd has ordered Pratt & Whitney engines to power up to 50 Airbus SE A321neo jets for delivery from 2021, the...
Exclusive: Hundreds of Chinese businesses seek billions in loans to contend with coronavirus – sources
More than 300 Chinese companies are seeking bank loans totaling at least 57.4 billion yuan ($8.2 billion) to help to soften the impact of the...
U.S. district judge expected to rule in favor of merger of Sprint and T-Mobile: sources
A U.S. district judge is expected to rule in favor of allowing Sprint and T-Mobile to merge, over the objections of a group of state...
Hudson’s Bay Co seeks to bolster Saks off-price stores with staff move
Saks Fifth Avenue owner Hudson’s Bay Co on Monday named a president to lead its off-price business, known as Saks Off 5th, the latest example...
U.S. district judge expected to rule in favor of Sprint-T-Mobile merger: WSJ
A U.S. district judge is expected to rule in favor of Sprint and T-Mobile merger, the Wall Street Journal reported on Monday, citing people familiar...
S&P 500, Nasdaq reach record closing highs; Chinese workers return
The S&P 500 and the Nasdaq closed at record highs on Monday as Chinese workers and factories slowly returned to business following a Lunar New...