The London Stock Exchange said on Thursday it was waiving registration fees for market makers to attract more liquidity in trading that has become volatile due to economic fallout from the coronavirus.
Trading firms had two main concerns about traders working from home: Would the technology work and would traders be able to effectively interact with each other and their clients. So far, traders are adapting.
Bridgewater Associates founder Ray Dalio and activist investor Nelson Peltz also made the Top 10 on Institutional Investor's annual list.
A representative body for airlines based in Britain has written to its transport minister seeking industry-specific tax and air traffic fee holidays to help survive a coronavirus pandemic that has brought air travel to a standstill.
Oil prices fell on Thursday following three days of gains, with the prospect of rapidly dwindling demand due to coronavirus travel bans and lockdowns offsetting hopes a U.S. $2 trillion emergency stimulus will shore up economic activity.
Paul Tudor Jones thinks the market could be higher by June despite expectations for a turbulent April.
Here's what you need to know about the coronavirus right now:
The publishers of Britain's Daily Mail and Daily Mirror newspapers both flagged expected financial hits from the coronavirus crisis on Thursday, saying advertising and other revenue would be weakened.
Oil prices slipped on Thursday following three days of gains, with the prospect of rapidly dwindling demand due to coronavirus travel bans and lockdowns offsetting hopes a U.S. $2 trillion emergency stimulus will shore up economic activity.
The number of Americans filing claims for unemployment benefits likely raced to as high as a record 4 million last week as strict measures to contain the coronavirus pandemic ground the country to a sudden halt, unleashing a wave of layoffs.
The U.S. Senate on Wednesday unanimously backed a $2 trillion bill aimed at helping unemployed workers and industries hurt by the coronavirus epidemic, as well as providing billions of dollars to buy urgently needed medical equipment.
Airbus SE is reducing the production of aircraft wings for three weeks as it slows operations to put in place extra health and safety measures due to the coronavirus pandemic, the planemaker said on Thursday.
Optician Ali Nelson sent the final few orders of eyeglasses to clients last week before her Washington D.C.-based store closed to help prevent the spread of the coronavirus.
Asian stocks eked out gains on Thursday, but the week's rally lost steam as investors seemed torn between relief at the agreement of a huge U.S. stimulus package and dread over a likely spike in jobless claims and coronavirus cases.
The oil industry has been hit by a simultaneous demand and supply shock in March as the coronavirus pandemic cuts fuel consumption and top producer Saudi Arabia raises output to full capacity to fight a price war with rivals.