By MICHAEL J. de la MERCED from NYT Business Day https://ift.tt/2K77rBo
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U.S. oil falls more than 10% to lows not seen since 1999Crude oil futures fell on Monday, with U.S. futures touching levels not seen since 1999, extending weakness on the back of sliding demand and concerns that U.S. storage facilities will soon fill to the brim amid the coronavir… Read More- Coronavirus relief deal for U.S. small businesses may come Monday, Trump saysU.S. Democrats and Republicans are near agreement on extra money to help small businesses hurt by the coronavirus pandemic and could seal a deal as early as Monday, President Donald Trump said on Sunday.
from Reuters: Bu… Read More
- Asia shares turn quietly cautious, U.S. crude crushedCaution gripped Asian share markets on Monday on expectations a busy week of corporate earnings reports and economic data will drive home the damage done by the global virus lockdown, while a glut of supply sent U.S. crude sp… Read More
- Spectacles group EssilorLuxottica to scrap dividend, cut costsEssilorLuxottica , the spectacles company whose brands include Oakley and Ray-Ban, said on Monday that it would scrap its dividend and would look to cut costs, in order to cope with the hit to its business from the coronaviru… Read More
- China's CDB Financial scraps purchase of 29 Boeing 737 MAX jetsChina Development Bank (CDB) Financial Leasing Co said on Monday it had agreed with Boeing Co to cancel the purchase of 29 undelivered 737 MAX jets, adding to a string of recent cancellations of the grounded airplane.
fr… Read More
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