Tag: Debt / Fixed Income Markets

Germany stamps authority on Lufthansa with $9.8 billion lifeline

FRANKFURT/BERLIN (Reuters) – Germany threw Lufthansa (LHAG.DE) a 9 billion euro ($9.8 billion) lifeline on Monday, agreeing a bailout which gives Berlin a veto in...

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...

Japan to end Tokyo’s state of emergency, eyes fresh $930 billion stimulus

TOKYO (Reuters) – Japan will lift a state of emergency for Tokyo and remaining areas still facing restrictions on Monday, while the Nikkei reported a...

Japan eyes fresh stimulus plan worth over $929 billion to battle pandemic: Nikkei

TOKYO (Reuters) – Japan is considering a fresh stimulus package worth over $929 billion that will consist mostly of financial aid programmes for companies hit...

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...

U.S. senators urge Delta, JetBlue to restore employee hours

(Reuters) – A group of U.S. senators is urging Delta Air Lines Inc and JetBlue Airways Corp to immediately reverse their decisions to reduce employees’...

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...

UK’s Gove says EU trade deal can be done despite talks stalemate

LONDON (Reuters) – Senior British government minister Michael Gove said on Sunday there was a post-Brexit trade deal to be done with the European Union...

Italian PM Conte says Fiat Chrysler entitled to seek state-backed loan

MILAN (Reuters) – Italian Prime Minister Giuseppe Conte said on Saturday that Fiat Chrysler was entitled to apply for Italy’s state-backed loans because the automaker...

J.C. Penney files for bankruptcy protection

NEW YORK(Reuters) – J.C. Penney Co Inc (JCP.N) filed for bankruptcy protection on Friday with plans to permanently close some stores and also explore a...

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....

France to impose digital tax this year regardless of any new international levy

PARIS (Reuters) – France will tax big digital businesses this year whether there is progress or not towards an international deal on a levy, its...

India’s Reliance strikes third unit stake deal, raising $8 billion in two weeks

NEW DELHI (Reuters) – India’s Reliance Industries Ltd on Friday announced a $1.5 billion stake sale in digital unit Jio Platforms, a third deal in...

Britain’s mid-sized banks coping with coronavirus, but warn of pain ahead

LONDON (Reuters) – A slew of Britain’s mid-sized banks on Wednesday reported steady deposits and demand in the face of the COVID-19 pandemic, but warned...

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...

Apple borrows on the cheap to fund buybacks, dividends

NEW YORK (Reuters) – Apple Inc (AAPL.O) on Monday capitalized on the Federal Reserve’s emergency measures in response to the coronavirus outbreak to issue its...

J. Crew files for bankruptcy as preppy retailer succumbs to COVID-19 fallout

(Reuters) – J. Crew Group Inc filed for bankruptcy protection on Monday with a plan to hand over control to lenders, adding to a list...

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...

Warren Buffett says the coronavirus cannot stop America, or Berkshire Hathaway

(This May 2 story has been refiled to correct the spelling of “towel” in second paragraph) Warren Buffett addresses shareholders at the annual meeting of...

Buffett says coronavirus cannot stop America

(Reuters) – Warren Buffett said on Saturday gave an upbeat assessment of the United States’ ability to withstand crises, even as he acknowledged that the...

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...

Trump threatens new tariffs on China in retaliation for coronavirus

WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary importance to the coronavirus pandemic...

Trump threatens new tariffs on China as U.S. mulls retaliatory action over virus

WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary importance to the coronavirus pandemic...