Factbox: What’s new with the Fed’s 2020 bank stress tests?
The Federal Reserve’s bank stress tests will look significantly different in 2020, thanks to regulatory changes and the dramatic economic turmoil brought on by coronavirus...
Gilead trades that made millions on COVID-19 drug news raise eyebrows
Well-timed trades in Gilead Sciences Inc’s options ahead of good news on the biopharmaceutical company’s COVID-19 drug treatment may draw regulatory scrutiny, experts said....
London Stock Exchange finds broad backing for shorter trading day
There is broad backing in markets for cutting trading hours in a coordinated way across European exchanges, the London Stock Exchange said on Monday....
Coty appoints Chairman Peter Harf as CEO
Cosmetics maker Coty Inc on Monday appointed its Chairman Peter Harf as the chief executive officer of the company, replacing Pierre Laubies, who stepped down...
Brazil’s Embraer loses $292 million as stoppages burn cash
Brazilian planemaker Embraer reported a $292 million first quarter loss on Monday due to a coronavirus crisis sales slump and the impact of a failed...
Sign here first: U.S. salons, gyms, offices require coronavirus waivers
As U.S. businesses reopen after weeks of pandemic lockdowns, many have been posting coronavirus disclaimers or requiring employees and patrons to sign waivers before entering....
Global stocks buoyant, dollar slips as economies start to unlock
World stocks hovered near three-month highs and the dollar was flat on Monday as optimism over economies opening up again boosted risk appetite, despite worries...
China asks state firms to halt purchases of U.S. soybeans, pork, say sources
China has asked its state-owned firms to halt purchases of soybeans and pork from the United States, two people familiar with the matter said, after...
Opel to add PSA model to Ruesselsheim production: Handelsblatt
German automaker Opel is planning to start manufacturing a compact car for French parent PSA at its main Ruesselsheim plant from mid-2021 onwards, German business...
U.S. utilities look newly cheap, but face COVID-19 headwinds this summer
U.S. utility stocks have started to look like bargains after being considered expensive relative to the broader market for well over a year. Still, the...