Bloomberg E-commerce companies have emerged as a favourite play on Wall Street during the coronavirus …
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Canadian stocks climb for fifth consecutive week
Bloomberg Canadian stocks rose in Toronto, capping a fifth straight week of gains, the longest …
Read More »Russia signals big rate cuts after easing to six-year low
Bloomberg Bank of Russia Governor Elvira Nabiullina said another percentage point of interest rate cuts …
Read More »UBS appeal in $4.9bn French tax case delayed
Bloomberg UBS Group AG appeal of a record 4.5 billion-euro ($4.9 billion) French fine for …
Read More »HSBC could revisit strategy in face of coronavirus crisis
Bloomberg HSBC Holdings Plc may need to revise its restructuring plans after the fallout from …
Read More »AmEx promises $3bn in cost cuts amid virus
Bloomberg American Express Co. (AmEx) said it’s seeking to cut $3 billion in costs after …
Read More »Bank of Baroda to raise $1.8bn to boost buffers
Bloomberg Bank of Baroda, India’s third-largest state-run lender by market value, plans to raise as …
Read More »ECB seen boosting pandemic response to help economy
Bloomberg The European Central Bank (ECB) will increase emergency bond-buying in the coming months to …
Read More »Lufthansa warns of cash crunch as talks drag on
Bloomberg Deutsche Lufthansa AG risks running low on cash within weeks, with the German airline …
Read More »Indonesia bans air travel through June 1
Bloomberg Indonesia is banning domestic air travel through June 1 to limit the spread of …
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