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Home » Business » Page 175

Business

Coronavirus: Pound takes hit as investors fret over PM Johnson’s condition

April 7, 2020
The pound has taken a hit against the safe haven dollar on news of Boris Johnson’s deterioration as he battles coronavirus in intensive care. Sterling lost six tenths
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Business

Oil gains as hopes rise for production cut amid coronavirus outbreak

April 7, 2020
TOKYO (Reuters) – Oil rose on Tuesday amid hopes that the world’s biggest producers of crude will agree to curtail production as the coronavirus pandemic ravages the global
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Business

NYSE in talks with SEC to ease listing rules during coronavirus volatility

April 6, 2020
NEW YORK (Reuters) – The New York Stock Exchange said on Monday it was in talks with regulators to temporarily ease its listing requirements to take the strain
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Business

Luckin Coffee chairman defaults on loan, surrenders company shares

April 6, 2020
HONG KONG/NEW YORK (Reuters) – Luckin Coffee (LK.O) Chairman Charles Zhengyao Lu and Chief Executive Jenny Zhiya Qian have handed over shares in the embattled Chinese coffee chain
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Business

Stocks jump on virus hopes, oil hit by OPEC+ delay

April 6, 2020
LONDON (Reuters) – World stock markets jumped on Monday, encouraged by a slowdown in coronavirus-related deaths and new cases, though a delay in talks between Saudi Arabia and
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Business

Oil falls after Saudi Arabia, Russia delay meeting

April 6, 2020
LONDON (Reuters) – Oil prices fell on Monday, after Saudi Arabia and Russia delayed a meeting to discuss output cuts that could help reduce global oversupply as the
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Business

Oil slips on oversupply fears, but stocks jump on virus slowdown hopes

April 6, 2020
SYDNEY (Reuters) – Oil prices skidded on Monday after Saudi-Russian negotiations to cut output were delayed, keeping oversupply concerns alive, while stocks jumped as investors were encouraged by
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Business

Tory grandees warn over Chinese move on chipmaker Imagination

April 5, 2020
David Davis, the former Brexit secretary, has urged ministers to probe a Chinese bid to take control of Imagination Technologies Group, amid fears that the British chip designer’s
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Business

Trump hosts Big Oil execs at White House to discuss market slump

April 3, 2020
WASHINGTON (Reuters) – U.S. President Donald Trump met with oil company executives at the White House on Friday afternoon to discuss a historic oil-price slump threatening their businesses,
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Business

U.S. dairy farmers dump milk as pandemic upends food markets

April 3, 2020
CHICAGO (Reuters) – Dairy farmer Jason Leedle felt his stomach churn when he got the call on Tuesday evening. “We need you to start dumping your milk,” said
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