U.S. stock index futures rose on Tuesday, building on gains in the previous session, as oil prices jumped and a slew of countries eased coronavirus-led restrictions in an attempt to revive their economies.
Hugo Boss is seeing signs of a sales rebound in China and online, but expects the impact of the coronavirus crisis to worsen before any recovery kicks in after first quarter sales fell by 17%, which knocked its shares.
The government is ready to back a rescue package for Thai Airways International Pcl , but it will entail a full restructuring and there will be no second chances, the prime minister.
Microsoft will invest $1 billion in Poland as part of a plan that will involve opening a data centre in the country to provide cloud services to businesses and government institutions, the company said in a statement on Tuesday.
U.S. stocks ended higher on Monday as increases in large tech and internet companies and oil price gains outweighed concerns about the latest U.S.-China tensions and downbeat sentiment from the annual meeting of Warren Buffett's Berkshire Hathaway.
Wells Fargo & Co said on Monday it has received an "outstanding" rating on a U.S. regulatory test for community lending between 2012 and 2018.
More than 200 stocks this year have reduced or suspended their dividends, 44 of them on the S&P 500 index. Here's how retirees should view those changes.
Peugeot carmaker PSA , one of many car companies around the world to have been hit hard by the coronavirus, said on Monday that it would gradually restart production at sites over the course of this week.
WeWork co-founder Adam Neumann filed a lawsuit against Japan's SoftBank Group Corp and its Vision Fund on Monday for terminating a $3 billion tender offer to the office-sharing startup's shareholders.
United Airlines Holdings Inc has told employees that it expects its management and administrative ranks to be around 30% smaller starting in October, according to a company memo seen by Reuters.
Qantas Airways said on Tuesday it would extend flight cancellations into June and July, and added that it secured further debt funding that should support the airline through to the end of 2021 if the coronavirus crisis prolongs.
Tesla Chief Executive Elon Musk appeared to qualify on Monday for a $700 million payday, just three days after he said the electric car company's stock price was too high.
Airline shares were headed for another day of sharp declines, this time after Warren Buffett said Berkshire Hathaway's cashed out of its stakes in the four largest carriers.
Major U.S. firms and trade groups want the U.S. Trade Representative's Office to waive tariffs on a wide range of Chinese-made products as a result of the coronavirus pandemic, including drones, robots, personal computers and 3D printers.
Chipmaker Intel Corp has bought Israeli public transit app maker Moovit for about $900 million to help it develop self-driving "robotaxis" that could take to the streets in early 2022, the company said on Monday.