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4 hours 51 minutes ago

Wall St. gains as U.S. extends shutdown to limit virus spread

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5 hours 1 minute ago

Ray-Ban maker EssilorLuxottica halts dividend as postpones AGM

Ray-Ban maker EssilorLuxottica is suspending its dividend due to the coronavirus pandemic and said on Monday it was delaying its annual shareholder meeting by a month.

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5 hours 5 minutes ago

Lyxor launches “first of a kind” climate change ETFs

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5 hours 10 minutes ago

Airbus struggles to lift crisis-hit jet output

Europe's Airbus is grappling with labor and supply chain shortages and may only be able to restore aircraft production to some 10-20% of normal levels for now because of partial shutdowns, industry and union sources said.

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5 hours 13 minutes ago

World equity markets edge higher; oil plunges to 2002 lows

Global equity benchmarks rose on Monday despite a drop in oil prices to their lowest levels since 2002, as central banks and the United States tried to contain damage from the rapidly spreading coronavirus that has upended the global economy.

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5 hours 24 minutes ago

RWC Partners recruits head of new global equity income team

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5 hours 39 minutes ago

Macy's to furlough most of 130,000 employees as stores stay shut

Macy's Inc said on Monday it would furlough most of its 130,000-strong workforce starting this week as all stores of the department chain operator have been temporarily shut due to the coronavirus pandemic.

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5 hours 41 minutes ago

Harley-Davidson grants board seat to investor Impala

Harley-Davidson Inc said on Monday it would hand one board seat to Impala Asset Management in a settlement just days after the investor began pressing to replace two directors at America's oldest and best-known motorcycle maker.

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5 hours 45 minutes ago

Finnish government pushes Fortum to strive for carbon neutrality

Finland's center-left government on Monday gave its blessing to majority state-owned Fortum's strategy to cut emissions, but promised to push the company further towards carbon neutrality, the minister in charge wrote.

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5 hours 49 minutes ago

UBS defies Swiss dividend freeze call with $2.6 billion payout plan

UBS plans to pay a 2019 dividend that is more than half its annual profit, defying calls by the Swiss government and financial markets supervisor for lenders to limit payouts during the coronavirus crisis.

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