Morgan Stanley Commits to No Staff Layoffs This Year
Morgan Stanley said it won’t lay off employees this year, which is likely to be a tough one across Wall… Read More »
HSBC Delays Job Cuts to Cope with Virus
HSBC Holdings PLC has delayed plans to cut thousands of jobs because of the new coronavirus. In a memo to… Read More »
ViacomCBS’s Freefall Forces Parent to Give Up Borrowing Power
AViacomCBS Inc.’s parent company is losing some of its ability to borrow money at a time when its key revenue… Read More »
Nearly Two Dozen U.S. Sailors on Aircraft Carrier Test Positive for Coronavirus
The Navy confronted a mounting crisis at sea as least 23 sailors aboard an aircraft carrier in the Pacific Ocean,… Read More »
Delivery Hero Rolls out Cashless-Only Policy in Coronavirus Risk Zones
Delivery Hero AG said Thursday that it has introduced a cashless-only policy in high-risk zones in a bid to curtail… Read More »
Mnuchin Indicates U.S. to Take Stakes in Airlines in Exchange for Grants
Treasury Secretary Steven Mnuchin indicated that the U.S. government would take stakes in airline carriers in exchange for billions in… Read More »
ECB Sends Message to Investors With EUR750 Bln Bond-Buying Program
The Europe(Nyheter)(Nyheter)an Central Bank sent a powerful signal to investors that it will aggressively support Italy and other indebted eurozone… Read More »
Indian Economic Stimulus Amid Pandemic Expected to Total INR1.7T, Fin Min Says
The Indian government came up with an economic stimulus package expected to total 1.7 trillion Indian rupees ($22.26 billion) to… Read More »
U.S. Jobless Claims Rise by 3M In March 21 Week
WASHINGTON–A record 3.28 million workers applied for unemployment benefits last week as the new coronavirus hit the economy, ending a… Read More »
Moody’s Dowgrades Banking Systems in France, Italy, Spain
Moody’s Investors Service downgraded its outlook for banks in Europe(Nyheter)(Nyheter)an countries hit hardest by the novel coronavirus, and said government… Read More »