New U.S. Huawei rule targets standards, security concerns remain: Ross
A new U.S. rule regarding China’s Huawei Technologies Co Ltd is a needed “clarification” to help develop standards, U.S. Commerce Secretary Wilbur Ross said on...
Southwest Airlines says has enough cash for two years as demand improves
Southwest Airlines said on Wednesday it has enough cash to carry on business for the next two years, up from its prior forecast of 20...
U.S. commerce chief: Huawei rule is a ‘clarification’ – Fox Business Network
A new U.S. rule regarding China’s Huawei Technologies Co Ltd is a needed “clarification” to help develop standards, U.S. Commerce Secretary Wilbur Ross said on...
Lufthansa warns its $10 billion bailout deal is in jeopardy
German airline Lufthansa warned on Wednesday that it might need to apply for protection from creditors if its state-backed bailout deal failed to win sufficient...
Oil falls on fears of rising COVID-19 cases
Oil fell on Wednesday on fears that COVID-19 cases could rise, but prices drew some support from stimulus measures and hopes for positive tests of...
Main Street’s boldest take on Wall Street in bankruptcy stock frenzy
When Bryan Quevedo received his U.S. government stimulus check last month, he invested $1,000 in the stock of bankrupt car rental company Hertz Global Holdings...
Saudi Aramco completes $69 billion SABIC stake deal, extends schedule
Saudi Aramco has completed its purchase of a 70% stake in petrochemicals company Saudi Basic Industries for $69.1 billion and extended the payment period by...
Lufthansa warns its bailout deal is in jeopardy
German airline Lufthansa warned on Tuesday that it might need to apply for creditor protection if its state-backed bailout failed to win sufficient shareholder support...
Stocks grind higher on recovery hopes
Europe’s shares added to their best gains in almost a month as safety plays lost their lustre on Wednesday, with hopes of a rapid economic...
Oil rise on positive news of COVID-19 drug study
Oil rose on Wednesday on hopes for economic recovery and for a clinical trial showing a cheap steroid could help save some critically ill coronavirus...