Caution gripped Asian share markets on Monday on expectations a busy week of corporate earnings reports and economic data will drive home the damage done by the global virus lockdown, while U.S. crude prices took an early spill.
Caution gripped Asian share markets on Monday on expectations a busy week of corporate earnings reports and economic data will drive home the damage done by the global virus lockdown, while a glut of supply sent U.S. crude spiraling to 20-year lows.
Crude oil futures fell on Monday, with U.S. futures touching levels not seen since 1999, extending weakness on the back of sliding demand and concerns that U.S. storage facilities will soon fill to the brim amid the coronavirus pandemic.
China Development Bank (CDB) Financial Leasing Co said on Monday it had agreed with Boeing Co to cancel the purchase of 29 undelivered 737 MAX jets, adding to a string of recent cancellations of the grounded airplane.
U.S. Democrats and Republicans are near agreement on extra money to help small businesses hurt by the coronavirus pandemic and could seal a deal as early as Monday, President Donald Trump said on Sunday.
The Trump administration on Sunday said it would allow importers hit by the national health crisis to defer for three months any tariff payments they owe the government.
Dwindling supplies of carbon dioxide from ethanol plants is sparking concern about shortages of beer, soda and seltzer water - essentials for many quarantined Americans.
Amazon.com Inc has started to use thermal cameras at its warehouses to speed up screening for feverish workers who could be infected with the coronavirus, employees told Reuters.
NYC businesses have been creating face shields, masks and hand sanitizer as their other businesses run dry.
Ken Squire will be writing about activist investors weekly for CNBC.
Three financial advisors share how they have helped clients apply for emergency funding through the Paycheck Protection Program, and sought aid for their practices.
Millions of Americans have their coronavirus stimulus payments in their hands, while millions of others are still waiting to see the money. Regardless of which camp you are in, you probably have questions about how the payments work. Here's what readers have told us they most want to know now.
Abacus | by South China Morning Post | Apr 15, 2020 A screenshot of the app circulating online likely isn't the final version of the digital currency, which is expected to be tightly controlled instead of decentralized like bitcoin A screenshot of the user interface for China’s long-awaited sovereign digital currency has begun circulating on
The Fintech Times | Manisha Patel | Apr 18, 2020 When it comes to commercial lending, credit analysis is an essential part of the process. Banks use it to assesses the ability of a business to sustain a certain level of debt and repay its loan. A bank can only lend money if it understands
U.S. banks are pushing the Federal Reserve to change the terms of a $600 billion lending program for small and medium-sized businesses, including reducing minimum loan sizes and allowing more flexibility on underlying reference rates, industry groups said.