Two more NYSE floor traders test positive for coronavirus: memoAt least two more New York Stock Exchange floor traders tested positive for the coronavirus on Tuesday despite measures taken to prevent people infected by the virus from entering the exchange while it remained physically ope…Read More
Asian shares track Wall Street surge as U.S. stimulus hopes growAsian shares extended their rally on Wednesday in the wake of Wall Street's big gains as U.S. Congress appeared closer to passing a $2 trillion stimulus package to curb the coronavirus pandemic's economic toll.
from Reut…Read More
Qantas shares soar on financing deal as rivals cut more capacityQantas Airways Ltd on Wednesday secured A$1.05 billion ($627.8 million) against its aircraft fleet to help it ride out the coronavirus crisis, sending shares up 30%, as airlines in the Asia-Pacific region sliced away capacity…Read More
Thyssenkrupp to cut 3,000 jobs at steel unit by 2026The German elevator-to-car parts conglomerate Thyssenkrupp will cut 3,000 jobs at its steel unit by 2026 as part of a wage deal it struck with powerful labor union IG Metall, it said on Wednesday.
from Reuters: Business …Read More
Oil ekes out gains as U.S. stimulus hopes lift global marketsOil prices extended gains for a third session on Wednesday, rising alongside broader financial markets on hopes Washington will soon approve a massive aid package to stem the economic impact of the coronavirus pandemic.
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