Oil prices fell on Monday, with U.S. oil dropping more than 2%, as a spike in new coronavirus cases in the United States raised concerns over a second wave of the virus which would weigh on the pace of fuel demand recovery.
OSC | Staff | Jun 11, 2020 Executive Summary The downfall of crypto asset trading platform QuadrigaCX (Quadriga) resulted from a fraud committed by Quadriga’s co-founder and CEO Gerald Cotten (Cotten). Clients entrusted their assets to Quadriga, which provided false assurances that those assets would be safeguarded. In reality, Cotten spent, traded and used those
Asian markets started the week on the backfoot on Monday while oil prices slipped as fears of a second wave of coronavirus infections in China sent investors scurrying for safe-havens.
Volkswagen AG's Mexican unit will begin sending workers back to its plant in the central state of Puebla on Tuesday for "preparation and training eyeing a gradual start further ahead," the company said in a statement on Sunday.
Oil fell more than 2% on Monday, extending losses from last week, as new coronavirus infections hit China and the United States, raising the prospect that renewed outbreaks of the virus could weigh on the recovery of fuel demand.
Asian shares stumbled on Monday and oil prices slipped as fears of a second wave of coronavirus infections in Beijing sent investors scurrying for safe-havens while underwhelming data from China further weighed on sentiment.
State investigators in both California and Washington are examining Amazon's business practices, two newspapers reported, citing people familiar with the matter.
China's central bank said on Saturday it has given American Express approval to set up a bank card clearance business in the country.
China's central bank has given the final nod to a network clearing license for an American Express joint venture, allowing it to be the first foreign credit card company to launch onshore operations in China.
State investigators in both California and Washington are examining Amazon's business practices, two newspapers reported, citing people familiar with the matter.
As fears of a drastic pullback intensified, it has gotten four times more expensive to hedge against more losses in the S&P 500 than before the coronavirus landed.
For small businesses that rely on large gatherings of people, restrictions to slow the spread of the coronavirus could hurt key weeks for sales.
Enviva manufacturers wood pellet plants in the southeastern part of the U.S. from tree farm scraps and pulp mill waste.
Lawmakers are sparring over enhanced unemployment benefits, scheduled to end after July absent intervention, which could be catastrophic for some recipients.
Here's how business owners and local officials in Somerville, New Jersey are preparing to reopen as the state's coronavirus restrictions ease.