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The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers
The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers
Wall Street's fear gauge, the Cboe Volatility Index as well as the Euro STOXX 50 volatility index have steadily dropped over the past month to the low 30s
The company has slashed costs during the Covid-19 outbreak to weather the shutdown, including cutting salaries of executives and white-collar employees
Pre-tax profits were hit by an exceptional charge of 1.3 billion euros due to overhedging of its fuel and foreign currency needs for the rest of 2020
Core net income rises to $3.55 billion from $2.8 billion in 2019, against the average analyst forecast in a Refinitiv poll of $3.17 billion
Europe's biggest bank by assets said profit before tax came in at $3.21 billion for January-March, down from $6.21 billion a year ago
Millions of pigs, chickens and cattle will be euthanised because of slaughterhouse closures, limiting supplies at grocers
Brent crude futures fell to a low of $18.97 and were last down 4.1 per cent , or 82 cents, at $19.17 a barrel
Ford said in a statement it is yet to determine when it will resume production at its North American plants, while Fiat Chrysler said it will communicate new restart dates in due course
Roughly 85 per cent of worldwide onshore storage full as of last week, according to Kpler data
Global economic output is expected to contract by 2% this year - worse than the financial crisis - while demand has collapsed by 30% because of the pandemic.
Nocca is in talks with several large manufacturers to start production once its prototypes clear tests by early May
11 per cent of chief executives see coronavirus as a risk to the survival of their firm, while a further 40 per cent say the pandemic poses a severe threat.
ValueAct has picked up about 2.6 million shares, or about a 2% stake, in Nintendo. Shares of the Japanese company rose more than 2% as trading started in Tokyo
Total revenue rose to $5.77 billion from $4.52 billion. Analysts on average had expected $5.76 billion
All 11 S&P 500 sector indexes fell 1.6 per cent or more, with energy sliding for the seventh time in eight sessions
Monday and Tuesday have been two of the most turbulent days in the history of oil trading, as investors confronted the reality that worldwide supply will overwhelm demand for months or years
Other workers such as those on so-called H1-B visas would be covered in a separate action
The Bank did not elaborate the extent of its exposure and the steps it is taking to protect its interest
With the collapse spilling into June futures contracts, investors turned fearful about the extent of the economic damage from sweeping lockdown measures
Global benchmark Brent crude also fell sharply in response to the collapse of demand following reduced economic activity