Apple Inc shipped roughly 2.5 million iPhones in China in March, a slight rebound after one of its worst months in the country ever, according to government data published on Friday.
Oil prices rose more than 1% on Tuesday after the main U.S. energy forecasting agency predicted shale output in the world's biggest crude producer would fall by the most on record in April, adding to cuts from other major producers.
French car parts group Valeo abandoned its 2020 financial targets on Tuesday because of the hit to its business from the coronavirus outbreak, although it got 1 billion euros ($1.1 billion) in extra credit lines to shore up its finances.
British clothing retailer Next said on Tuesday it would reopen its online business having implemented "very extensive" additional safety measures to cope with the coronavirus emergency.
The administrators of troubled hospital operator NMC Health have announced a new board for the London-listed company that brings in four new non-executive directors with international restructuring experience.
French carmaker Renault said on Tuesday it was selling out of its stake in a Chinese joint venture with Dongfeng Motor Corporation to Dongfeng, which Renault said would help it maximise synergies with Japanese partner Nissan .
Swiss wealth manager Julius Baer will propose splitting its 2019 dividend payment into two halves following a regulatory request, it said on Tuesday, postponing by a month its annual general meeting in order to meet notification requirements.
Oil prices rose around 1% on Tuesday after the U.S. Energy Information Administration (EIA) predicted shale output in the world's biggest crude producer would fall by a record amount in April, adding to cuts from other major producers.
British clothing retailer Next will reopen its online business having implemented additional safety measures to cope with the coronavirus emergency, it said on Tuesday.
Asian equities extended gains on Tuesday after China's trade data came in better than expected and as some nations tried to restart their economy by partly lifting restrictions aimed at containing the coronavirus outbreak.
SoftBank Group Corp's estimate it will post a record $13 billion full-year loss, dragged down by its spluttering $100 billion Vision Fund, has renewed attention on a planned asset sell-down aimed at raising cash and restoring confidence.
Veteran emerging markets investor Mark Mobius urged investors to keep cash on hand for buying opportunities.
More than any other group, millennials have had their futures compromised by the nation's perverse reliance on financialization and a focus on Wall Street, rather than Main Street, during crises such as the Great Recession and, now, the coronavirus pandemic. Perhaps they can help us achieve a new paradigm where the financial sector plays a supporting role in real economic growth, instead of dominating the center stage.
Lewis Brisbois Bisgaard & Smith LLP (via Mondaq) | Thomas Brooks and Jane Luxton | Apr 4, 2020 The term “fintech” is used to describe the application of new technology to improve the delivery and use of financial services and products in a more cost-effective way than is available in the traditional financial marketplace. The
U.S. stock index futures gained 1% on Tuesday on better-than-expected trade data from China and signs some economies were preparing to ease lockdowns, even as the first batch of earnings reports underlined the hit from the coronavirus outbreak.