Asia shares rally as BOJ buys more bonds; U.S. crude skidsAsian shares bounced on Monday as the Bank of Japan (BOJ) announced more stimulus steps to help cushion the economic impact of the coronavirus, while oil took another spill as the world ran short of space to store it.
fr…Read More
Adidas expects sales to fall at least 40% in second quarterGerman sportswear firm Adidas expects to take a bigger hit from the coronavirus lockdowns in the second quarter, predicting that sales will fall more than 40% after it reported a decline of 19% in the first quarter.
from…Read More
No decision yet on state aid for Germany's Lufthansa: ministerBerlin will decide on state support for Lufthansa once the country's largest airline applies for aid and all facts are on the table, the German Economy Minister said on Monday.
from Reuters: Business News https://ift.tt/…Read More
Oil falls, June WTI leads losses on storage fearsOil prices fell on Monday on signs that worldwide oil storage is filling rapidly, raising concerns that production cuts will not be fast enough to fully offset the collapse in demand from the coronavirus pandemic.
from R…Read More
0 comments:
Post a Comment