Stocks rally grinds on as virus and trade nerves linger
Europe’s share markets, bond yields and the euro all inched higher on Tuesday, as mildly reassuring signals from China’s economy kept worries about a potential...
Ryanair expects Europe travel surge despite masks, quarantine
Temperature checks, masks and quarantine will not deter people from a holiday in the sun after three months “locked up” at home, Ryanair’s chief executive...
Morgan Stanley settles SEC charges it misled clients, to pay $5 mln penalty
A unit of Morgan Stanley will pay a $5 million penalty to settle U.S. Securities and Exchange Commission charges it provided misleading information to clients...
Futures edge higher on hopes of economic recovery
U.S. stock index futures ticked higher on Tuesday on hopes that the easing of virus-led business shutdowns would help jump-start a battered global economy, with...
EasyJet founder offers $6 million reward for help in cancelling Airbus order
EasyJet founder Stelios Haji-Ioannou is offering 5 million pounds ($6.2 million) for any information that leads to the cancellation of its order for 107 Airbus...
German watchdog conducts multiple investigations into Wirecard
Germany’s financial watchdog BaFin said on Tuesday that it was conducting multiple investigations into payments company Wirecard ....
U.S. Congress to quiz bank regulators on coronavirus rule-easing, assistance
Lawmakers will quiz U.S. regulators this week on their efforts to help struggling consumers, oversight of massive federal bailout packages and regulatory easing when they...
Embraer blames failed Boeing deal for sharp drop in commercial jet deliveries
Brazil planemaker Embraer said Tuesday it delivered just five commercial jets in the first quarter, less than half what it delivered a year ago, blaming...
China’s Tesla wannabes risk running out of road in virus-stricken times
Challenged by the arrival of Tesla in China last year, domestic electric vehicle (EV) start-ups were struggling even before the economic shock wrought by the...
Thyssenkrupp faces deep quarterly loss due to coronavirus, shares tank
German conglomerate Thyssenkrupp warned on Tuesday that its operating loss could swell to 1 billion euros ($1.1 billion) in the April to June quarter due...