Tag: Credit and Corporate Debt

Lufthansa, German government agree on $9.8 billion rescue package: sources

FRANKFURT/BERLIN (Reuters) – The German government and the management of flagship carrier Lufthansa (LHAG.DE), which has been hit hard by the coronavirus pandemic, have reached...

Hong Kong tensions rattle world stock markets, oil tumbles

NEW YORK/LONDON (Reuters) – Oil prices tumbled and global equity markets fell on Friday as China’s move to impose a new security law on Hong...

Hong Kong tensions unnerve world stocks, oil tumbles

LONDON (Reuters) – World stocks took a hit and the Chinese yuan weakened on Friday as Beijing moved to impose a new security law on...

Shares lose footing, oil marches on

LONDON (Reuters) – Equity markets slipped on Thursday on concerns about the long-term impact of the new coronavirus and simmering U.S.-China tensions, though those worries...

Oil gains, stocks rally on renewed recovery hopes

NEW YORK (Reuters) – Crude prices rose and a gauge of global equities broke out of a three-week trading range on Wednesday as investors bet...

U.S. stock market falls on plunging retail sales; oil up

NEW YORK (Reuters) – U.S. stocks sank on Friday after data showed a worse-than-expected drop in retail sales and as investors worried about increased Sino-U.S....

U.S. stock futures, Chinese shares slip amid Sino-U.S. tensions, oil falters

SYDNEY (Reuters) – Shares struggled and the yen gained on Wednesday, with markets in China faltering on their return from a long holiday as investors...

Norwegian Air shareholders back rescue plan: reports

OSLO (Reuters) – Norwegian Air (NWC.OL) shareholders backed key elements of its financial survival plan on Monday, local media reported, with about 95% of votes...

World stocks fall as Trump’s China tariff threat dampens risk appetite

NEW YORK (Reuters) – A sharp fall on Wall Street dragged a global stocks index down on Friday on concerns that the world’s two largest...

Asian shares fall on fresh rout in crude prices

TOKYO/NEW YORK (Reuters) – Asian shares and U.S. stock futures dipped into the red on Tuesday, erasing earlier gains as a renewed decline in oil...

U.S. payroll protection program: What has changed in round two?

WASHINGTON (Reuters) – The Small Business Administration on Monday began allowing lenders to process $310 billion in funds for the second round of its program...

Wall Street curtails corporate lending in Europe to put America first: sources

FRANKFURT/LONDON/PARIS (Reuters) – U.S. investment banks are shrinking lending activity in Europe as the coronavirus crisis forces them to retreat home, allowing BNP Paribas and...

More U.S. companies return payroll loans after new Treasury guidance

WASHINGTON/BOSTON (Reuters) – U.S. companies on Thursday began refusing government loans they were just awarded, after the Treasury Department said that publicly traded firms would...

U.S. House meets to pass $500 billion in coronavirus relief as unemployment soars

WASHINGTON (Reuters) – Hundreds of members of the U.S. House of Representatives gathered in Washington on Thursday to pass a $484 billion coronavirus relief bill,...

U.S. House to pass nearly $500 million more in coronavirus relief

WASHINGTON (Reuters) – Hundreds of members of the U.S. House of Representatives will gather in Washington on Thursday to pass a $484 billion coronavirus relief...

Asia stocks on defensive as oil pain spreads

TOKYO (Reuters) – Asian share markets were on the defensive on Wednesday as the floor fell out from under crude prices, sparking worries about further...

Crude claws back into positive territory but historic crash spooks investors

SINGAPORE/WASHINGTON (Reuters) – U.S. crude oil bounced back into positive territory on Tuesday, after a historic plunge below zero that shocked investors and pushed down...

Global stocks rally as investors take heart on U.S. economic reopening plan

NEW YORK (Reuters) – Global stocks rallied on Friday on President Donald Trump’s plans to revive the coronavirus-hit U.S. economy and hopes of a potential...

BoE’s Bailey orders banks to ‘put their backs into it’ on COVID-19 loans

LONDON (Reuters) – Bank of England Governor Andrew Bailey told Britain’s banks to speed up lending to companies as the coronavirus crisis threatens to deliver...

Argentina a ‘black box’ as $70 billion debt talks enter final act

LONDON/BUENOS AIRES (Reuters) – Argentina’s $70 billion debt negotiations are entering the final act, with bondholders bracing for the worst as the South American country...

Stocks rise on China trade data, easing pandemic fears

LONDON (Reuters) – World stocks gained on Tuesday after Chinese trade data came in better than expected and some countries tried to restart their economy...

IMF chief says pandemic will unleash worst recession since Great Depression

WASHINGTON (Reuters) – The pandemic sweeping the world will turn global economic growth “sharply negative” in 2020, triggering the worst fallout since the 1930s Great...

Exclusive: Wall Street firm dangled up to 175% returns to investors using U.S. aid programs

BOSTON (Reuters) – A New York investment firm pitched wealthy investors in recent days on a way to make returns of 22% to 175% using...

Equities climb on hopes pandemic is peaking

NEW YORK (Reuters) – World equity markets edged higher and oil prices stabilized on Wednesday on hopes the coronavirus pandemic is peaking and that more...

Global stocks turn negative as virus death toll mounts

LONDON (Reuters) – World stocks turned negative on Wednesday as the coronavirus death toll mounted and euro zone finance minister failed to agree a rescue...