Recovery rally has further to run, so buy stocks: Morgan Stanley
Stock market gains have further to run and investors are still under-pricing the scale of the world’s coronavirus recovery, investment bank Morgan Stanley said in...
Exclusive: Mexico’s oil hedge to be pricier, but government likely doing it anyway
Mexico will have to pay more for less coverage under its giant oil revenue insurance policy for 2021, but will likely go ahead anyway to...
China’s factory output perks up but consumers stay cautious
China’s factories stepped up production for a second straight month in May, as the country shook off the economic torpor of the coronavirus, although the...
Oil drops as new coronavirus outbreaks raise fuel demand concerns
Oil fell more than 2% on Monday, extending losses from last week, as new coronavirus infections hit China and the United States, raising the prospect...
Asian stocks, oil fall as second wave fears grow
Asian shares stumbled on Monday and oil prices slipped as fears of a second wave of coronavirus infections in Beijing sent investors scurrying for safe-havens...
Volkswagen in Mexico will begin sending workers back to plant on Tuesday
Volkswagen AG’s Mexican unit will begin sending workers back to its plant in the central state of Puebla on Tuesday for “preparation and training eyeing...
Asian stocks, oil sell off on second wave fears
Asian markets started the week on the backfoot on Monday while oil prices slipped as fears of a second wave of coronavirus infections in China...
Oil prices drop as rising U.S. coronavirus cases stoke fears of weak fuel demand
Oil prices fell on Monday, with U.S. oil dropping more than 2%, as a spike in new coronavirus cases in the United States raised concerns...
EasyJet resumes flying with COVID-19 measures in place
EasyJet aircraft will take to the skies on Monday for the first time since March 30, as the British carrier resumes a small number of...
Unilever to invest 1 billion euros in climate change fund over 10 years
Unilever Plc said on Monday it will invest 1 billion euros in a fund to invest in climate change projects and reduce to net zero...