ArcelorMittal , the world's largest steelmaker, is issuing $2 billion of shares and convertible notes at a deep discount to accelerate debt reduction plans that have been slowed by the COVID-19 pandemic.
Saudi Aramco, the world's top oil exporting company, on Tuesday reported a 25% fall in first-quarter net profit, missing analyst estimates, but its quarterly dividend was in line with a plan for a $75 billion payout for the year.
Planemaker Embraer said Tuesday it delivered just five commercial jets in the first quarter, less than half of what it delivered a year ago, blaming the drop on preparations for a deal with Boeing Co that fell apart last month.
Brussels Airlines, part of Germany's Lufthansa , said on Tuesday it would reduce its fleet by 30% and its workforce by a quarter to guarantee its survival during and after the COVID-19 pandemic.
Germany's financial watchdog BaFin said on Tuesday that it was conducting multiple investigations into payments company Wirecard .
Lawmakers will quiz U.S. regulators this week on their efforts to help struggling consumers, oversight of massive federal bailout packages and regulatory easing when they appear before Congress this week for the first time since the novel coronavirus outbreak.
U.S. stock index futures ticked higher on Tuesday as China's move to waive off tariffs on some U.S imports added to hopes that the easing of virus-led business shutdowns would help jump-start a battered global economy.
Challenged by the arrival of Tesla in China last year, domestic electric vehicle (EV) start-ups were struggling even before the economic shock wrought by the coronavirus, but now for some it has become a battle for survival.
American International Group Inc faces a crucial test on Wednesday, when shareholders are to vote on whether the board of directors has adequately addressed their concerns about executive pay.
Ryanair plans to move back towards an all-Boeing fleet by cancelling leases for Airbus A320s for its Lauda subsidiary and likely replacing 30 Airbus jets at the Austrian airline with Boeing 737s, Chief Executive Michael O'Leary told Reuters.
U.S. stock index futures ticked higher on Tuesday on hopes that the easing of virus-led business shutdowns would help jump-start a battered global economy, with investors also weighing the risks of reopening too soon.
Many people were struggling to keep it together before the coronavirus crisis hit. Some had never experienced a mental-health challenge before and are now suffering from anxiety and depression. In recognition of Mental Health Awareness Month, here are some tips from financial psychologist Dr. Brad Klontz on how to emotionally navigate the pandemic.
Unemployment benefits are taking a long time to reach Florida residents, which could prove challenging as a moratorium on evictions soon expires.
EasyJet founder Stelios Haji-Ioannou is offering 5 million pounds ($6.2 million) for any information that leads to the cancellation of its order for 107 Airbus jets as he steps up his campaign to oust the budget airline's management.
The major online brokers saw a major jump in new users during the coronavirus sell-off, many of who were of a younger cohort.