The European Central Bank launched a 750 billion euro ($820 billion) emergency bond purchase scheme after an unscheduled meeting on Wednesday, attempting to stem a spiralling economic and financial crisis.
The euro rose on Thursday against the dollar and the pound after the European Central Bank announced a 750 billion euro asset-purchase programme in response to the coronavirus outbreak.
(RTTNews) - Amazon.com (AMZN) is suspending shipments of nonessential items to its warehouses in the US and the UK following shortages caused by the ongoing Covid-19 coronavirus pandemic.
Harley-Davidson Inc faces a battle with one of its investors after Impala Asset Management on Wednesday on Wednesday said it will try to install two directors at America's oldest and best-known motorcycle maker.
Airline industry turmoil deepened on Thursday as Qantas Airways Ltd told most of its 30,000 employees to take leave and India prepared a rescue package of up to $1.6 billion to aid carriers battered by coronavirus, government sources said.
BlackRock Inc executives who set the asset manager's influential proxy votes on Tuesday outlined tougher priorities tied to climate change and executive pay for the upcoming corporate annual meeting season taking place amid the coronavirus pandemic.
Chilean copper miner Codelco said on Wednesday it would reduce its operations to comply with a state of catastrophe announced by the government in a bid to curb the spread of coronavirus.
What happened
Natura & Co (NYSE: NTCO); Banco Bradesco (NYSE: BBD); Petroleo Brasileiro (NYSE: PBR) (NYSE: PBR.A); Braskem SA (NYSE: BAK). American stocks imploded again today, but if you take a look at the stock-price performances of these four names, it's pretty clear that
The U.S. Food and Drug Administration on Wednesday granted Abbott Laboratories approval to sell a test for the new coronavirus, as more companies begin producing much needed diagnostics for the pathogen that has set off a global pandemic.
What happened
On another tough day for stocks across the spectrum, some of China's top tech companies had it even worse. Shares of iQiyi (NASDAQ: IQ) were down more than 12% in afternoon trading and closed down 8%; Bilibili (NASDAQ: BILI) shares fell 13.7%, while Sohu.com (NASDA
As the U.S. healthcare systems braces for the expected surge of COVID-19 patients, the Trump administration has been a vocal proponent of telehealth services. The Centers of Medicare and Medicaid Services (CMS), which is part of the Department of Health and Human Services (HHS),
U.S. stocks deepened their selloff on Wednesday and the Dow erased virtually the last of its gains since President Donald Trump's 2017 inauguration, as the widening repercussions of the coronavirus pandemic threatened to cripple economic activity.
Cash seemed to be the only safe place in Wednesday trading. U.S. stocks ended another day deeply in the red. The Wednesday selloff triggered a 15-minute halt in trading for the fourth time since last Monday.
As people disperse to their homes to work and study because of the coronavirus pandemic, taking their laptops and company data with them, cyber security experts say hackers will follow, seeking to take advantage and infiltrate corporations.
The coronavirus pandemic has led to widespread runs on grocery stores as people stock up to stay home and isolated -- perhaps for weeks. In some parts of the country, worried shoppers have been picking store shelves bare, creating shortages of a host of items -- and not just toi
Mitsubishi UFJ Financial Group (MUFG) sold off its $85 million loan to Glencore's Wiggins Island Coal Export Terminal (WICET) in Australia to a hedge fund on Wednesday at about 52 cents on the dollar, two sources said.
What happened
Shares of CarMax (NYSE: KMX), AutoNation (NYSE: AN), and LKQ Corporation (NASDAQ: LKQ) are down 23%, 20%, and 24% respectively, on yet another brutal day in the markets as investors realize potential economic impacts from COVID-19 on the global economy and healthca