Bloomberg India stocks rose, heading for their first monthly gain this year, with the world’s biggest lockdown scheduled to end on Sunday. Equities across Asia gained on Thursday amid signs of progress in treating the coronavirus. The S&P BSE Sensex climbed 2.8% to 33,605.99, while the NSE Nifty 50 Index added 2.7%. Both gauges have rebounded by more than 20% ...

Bloomberg Oil clawed back its recent heavy losses as output cuts from major producers seek to stymie an unprecedented global glut. Futures rose by almost $2 in New York to around $14 a barrel. Russian oil companies will cut output by about 19% from February levels, the nation’s Energy Minister, Alexander Novak told the Interfax news agency. Even at $10 ...

Bloomberg Airbus SE spent a record 8 billion euros ($8.7 billion) of cash in the first quarter as Chief Executive Officer Guillaume Faury warned of the “gravest crisis the aerospace industry has ever known.” While almost half of the cash hit came from a bribery settlement, the abrupt drop in deliveries seen in March will worsen this quarter, eating further ...