Asian stocks were set to climb on Tuesday as confidence in an economic recovery pushed the Nasdaq benchmark to a record high, although doubts about crude supply cuts were likely to keep oil prices under pressure.
Oil prices climbed on Tuesday, paring losses from the previous session, as markets broadly rose on growing confidence in a global recovery with pandemic lockdowns easing.
Cathay Pacific Airways Ltd and its major shareholders Swire Pacific Ltd and Air China Ltd halted trading in their shares in Hong Kong on Tuesday pending announcements.
International Business Machines Corp disclosed Monday it will no longer offer facial recognition or analysis software in a letter to Congress calling for new efforts to pursue justice and racial equity, new Chief Executive Officer Arvind Krishna said.
Austria has agreed to a smaller-than-expected bailout package for Lufthansa unit Austrian Airlines of 450 million euros ($508 million) in loans and grants, people familiar with the matter said on Monday.
Ryanair believes Britain's courts will either strike down a 14-day quarantine for international travellers this week or the government will drop the measure before the end of June, boss Michael O'Leary told Reuters on Monday.
"I have the least growth weighting in my portfolio that I've had in maybe six or seven years," Druckenmiller told CNBC.
Fiat Chrysler's planned $50 billion merger with Peugeot maker PSA has hit a bump after EU regulators voiced concerns about the companies' market share in small vans, indicating concessions may be required, sources said.
While a majority of stimulus payments are out the door, millions of Americans are still waiting for their money. Here's the latest on who is affected and what you can do to make sure you're on the government's radar.
Dunkin', a unit of Dunkin' Brands Group Inc , said on Monday its franchisees are seeking to hire up to 25,000 workers as it prepares for higher demand, with U.S. states reopening after months-long lockdowns to contain the spread of the novel coronavirus.
U.S. consumers felt slightly more optimistic about their finances and job security in May as businesses began to reopen and rehire workers following the easing of coronavirus-related restrictions, according to a survey released on Monday by the New York Federal Reserve.
Starting salaries for newly minted college graduates are lower almost across the board. However, some entry-level positions in tech still pay near six figures.
Ryanair will not cancel flights to and from the United Kingdom despite the government introducing a 14-day quarantine for international travellers because it is seeing thousands of Britons booking holidays, boss Michael O'Leary said on Monday.
Hong Kong activist investor David Webb has said he will step back from posting his widely read critiques of companies and the city's government after being diagnosed with prostate cancer.
Two non-executive directors of EasyJet are to step down from the board later this year in line with corporate governance best practice, having each served for nine years, the British airline said on Monday.