Sanofi shares down despite $13 billion Regeneron payday
Shares in Sanofi fell on Tuesday despite the French drugmaker’s impending $13 billion payday from selling most of its 20.6% stake in U.S. partner Regeneron...
NYSE to reopen trading floor closed by coronavirus
The New York Stock Exchange will partially reopen the trading floors at its iconic 11 Wall Street building on Tuesday for the first time since...
Hedge funds target France as short-selling bans lifted
A cluster of big name hedge funds have started betting against French companies, moving in after the lifting of a short-selling ban imposed earlier this...
French restaurant ruling puts coronavirus claims on global menu
AXA said on Tuesday it would meet the bulk of business interruption claims from some restaurant owners in France after it lost a court case...
A Florida toy importer braces for retail upheaval
Most U.S. states have begun to reopen their economies, but Jay Foreman, chief executive of Basic Fun, said he’s more worried than ever....
COVID-19 lawsuit takes on McDonald’s like it was a rowdy bar
As U.S. businesses reopen, worried workers and their advocates are borrowing a legal strategy commonly used to shut down rowdy topless bars to try and...
Armed with whistleblower tips, U.S. SEC cracks down on coronavirus misconduct
The novel coronavirus outbreak and economic fallout is proving to be a bonanza for whistleblower lawyers as the U.S. securities regulator cracks down on a...
Exclusive: Coronavirus spreads in Brazil’s oilfields, as five offshore operators register cases
Norway’s Equinor ASA and Anglo-French firm Perenco are among at least five oil producers that have registered coronavirus cases among employees or contractors at facilities...
LATAM becomes largest airline to file for bankruptcy amid coronavirus
LATAM Airlines Group SA filed for U.S. bankruptcy protection on Tuesday, becoming the largest carrier to seek an emergency reorganization amid the coronavirus crisis....
S&P 500 futures top 3,000 points on recovery hopes
U.S. stock futures rose 2% and breached a major chart barrier on Tuesday as global easing of lockdowns and business restarts boosted optimism about economic...