Markets Archives • Page 9198 of 10774 • Financial News

Markets

Commentary: Facing a two-front COVID-19 assault, Saudi Arabia pulls out the sledgehammer

Saudi Arabia has imposed drastic measures to curb the coronavirus spread and resist a challenge in oil markets, which may give the kingdom a fighting shot at coming out better, says Shahid Hussain.

Markets

Goldman injects US$1 billion into own money-market funds after heavy withdrawals

Goldman Sachs Group Inc poured more than US$1 billion into two of its prime money-market portfolios this week due to heavy investor withdrawals, according to a filing with the U.S. securities regulator.

Markets

Amazonto stop shipping non-essentials to consumers in Italy and France

Amazon.com will stop shipping non-essential products to consumers in Italy and France, according to an announcement the company published in Chinese on the WeChat social media platform on Saturday.

Markets

Major US airlines, unions insist on cash grants from Congress over coronavirus

Chief executives of major U.S. airlines were reaching out to key members of Congress on Saturday in a last-ditch uphill effort to try to win cash grants to weather the coronavirus crisis, warning that the consequences if they did not receive help could be dire, two people briefed on...

Markets

Exclusive: Agitating bondholders press Argentina to step up efforts

Agitating bondholders have written to Argentina's government, accusing it of not doing enough to allow the country's crucial debt restructuring negotiations to make progress, according to bondholder sources involved in the process.

Markets

Exclusive: Amazon raises overtime pay for warehouse workers

Amazon.com Inc said on Saturday it is raising overtime pay for associates working in its U.S. warehouses, as the world's largest online retailer tries to meet the rapidly growing demand for online shopping from consumers stuck at home during the coronavirus outbreak.

Markets

Best Buy withdraws fiscal 2021 financial guidance

Best Buy Co Inc said on Saturday that the company withdrew all financial guidance for fiscal 2021, for both the first quarter and full year, due to increased uncertainty related to the potential impacts of the coronavirus.

Markets

LVMH orders 40 million masks from China for France

LVMH, the world's biggest luxury goods group, is ordering 40 million health masks from a Chinese supplier to help France cope with the coronavirus outbreak.

Markets

COVID-19: Army joins the production line as ventilator makers scramble to meet demand in Italy

On March 6, Gianluca Preziosa, the head of an Italian ventilator maker, received an urgent request. The Italian authorities wanted his help for an all-out effort to meet a desperate need for ventilators.

Markets

Volkswagen to shut some factories for more than two weeks: CEO

REUTERS: German carmaker Volkswagen AG said on Saturday its factories will be closing for two weeks and in some regions three, amid growing concerns over the spread of the coronavirus. "Most of our factories are closing for two weeks, in some regions for three. The spreading of the virus...

Markets

Most Viewed

Trending Now