NYSE trading floor partially reopens after coronavirus closure
New York Governor Andrew Cuomo donned a face mask and rang the opening bell at the New York Stock Exchange on Tuesday, marking the partial...
S&P 500 tops 3,000 points on hopes of economic recovery, COVID-19 vaccine
U.S. stocks jumped and the S&P 500 breached 3,000 points on Tuesday as optimism about a potential coronavirus vaccine and a revival in business activity...
Stocks rally, S&P 500 crosses 3000 barrier; oil gains
Global equity markets strode higher on Tuesday, along with crude oil, as investors set aside Sino-U.S. rhetoric to focus on more stimulus in China and...
LATAM becomes largest airline yet driven to bankruptcy by coronavirus
Chile’s LATAM Airlines Group filed for U.S. bankruptcy protection on Tuesday, becoming the world’s largest carrier so far to seek an emergency reorganization due to...
Factbox: Airlines crumble around the globe amid coronavirus pandemic
The coronavirus crisis, which has virtually grounded global air traffic since March, has pushed several struggling airlines over the edge....
Hertz awards over $16 million in retention bonus to key executives
U.S. car rental company Hertz Global Holdings said on Tuesday it has paid about $16.2 million in retention bonuses to a range of key executives...
Swiss trial begins of banker alleged to have ignored 1MDB warnings
A banker went on trial in Switzerland on Tuesday charged with failing to sound the alarm over millions of dollars linked to scandal-tainted Malaysian sovereign...
U.S. passenger railroad Amtrak says it needs new $1.5 billion bailout
U.S. passenger railroad Amtrak told Congress in a letter made public Tuesday it needs another $1.475 billion bailout or it will be forced to make...
Supercar group McLaren to cut 1,200 jobs across group amid pandemic
British supercar manufacturer McLaren Group, which includes the Formula One team, said on Tuesday it would cut 1,200 jobs under a proposed restructuring programme as...
UK’s John Lewis plans ‘phased’ re-opening of department stores
British retailer John Lewis Partnership said on Tuesday it will re-open its department stores on a “phased basis” after the government said “non-essential” retail could...