The firm behind Madame Tussauds and Legoland parks is looking to raise 500 million euros (US$540 million) in a bond sale, offering a high interest rate to try to secure funds to tide it over while most of its venues are closed in the coronavirus pandemic.
Two senior US House Democrats on Friday asked the US Treasury and Federal Reserve to direct at least US$5 billion in loans to struggling over-the-road bus companies because of the coronavirus pandemic.
Twitter Inc said on Friday that video clips of U.S. President Donald Trump suggesting scientists investigate inserting light or disinfectant into coronavirus patients did not violate its COVID-19 misinformation policy.
The technology and healthcare sectors have tightened their grip on global stock markets since the coronavirus shock knocked world shares from February's record highs.
The US Federal Reserve announced Friday that banks can now allow account holders to make an unlimited number of withdrawals and transfers from their savings accounts.
US investment banks are shrinking lending activity in Europe as the pandemic forces them to focus on home, allowing BNP Paribas and other European lenders to fill the gaps and grab market share, sources familiar with the matter told Reuters.
The Trump administration is considering taking stakes in U.S. energy companies as one possible option as it seeks to help the nation's oil and gas sector amid the coronavirus outbreak, U.S. Treasury Secretary Steven Mnuchin said on Friday.
New orders for key US-made capital goods unexpectedly rose in March, but the gains are not likely to be sustainable amid the novel coronavirus outbreak, which has abruptly shut down the country and contributed to a collapse in crude oil prices.
A French court on Friday rejected Amazon's appeal against a ruling that restricts what it can deliver during the coronavirus crisis, handing a victory to unions which had criticised the US e-commerce giant's safety measures.
