[ad_1] (Reuters) – Air Canada’s (AC.TO) C$720 million ($517 million) purchase of tour operator Transat AT (TRZ.TO) is fuelling jitters among some investors who would like to see the deal renegotiated with the aviation industry
Wall St. tumbles as Trump tariff threat adds to pandemic woes
[ad_1] (Reuters) – A Wall Street selloff deepened on Friday as President Donald Trump threatened to impose new tariffs on Beijing over the coronavirus crisis, compounding fears about the pace of an economic recovery from
India’s oil imports, product exports slow down in March
[ad_1] FILE PHOTO: A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas (Reuters) – India’s March crude oil imports rose at
Oil prices steady as OPEC+ begins record cuts
[ad_1] NEW YORK (Reuters) – Oil prices were largely steady in volatile trade on Friday as OPEC and its allies embark on record output cuts to tackle a supply glut due to the coronavirus crisis
U.S. House panel calls on Amazon’s Bezos to testify on third-party sellers
[ad_1] FILE PHOTO: Amazon founder and CEO Jeff Bezos laughs as he talks to the media while touring the new Amazon Spheres during the grand opening at Amazon’s Seattle headquarters in Seattle, Washington, U.S., January
Maker of coronavirus trial drug aims for wide distribution – Gilead CEO
[ad_1] (Reuters) – Gilead Sciences (GILD.O), which manufactures remdesivir, is focused on making the experimental coronavirus drug accessible and affordable to as many people as possible once it is approved, Chief Executive Officer Daniel O’Day
Factbox: Coronavirus lockdowns depress fuel demand worldwide
[ad_1] LONDON (Reuters) – Countries around the world have reported steep falls in fuel demand as lockdowns to contain the spread of the novel coronavirus limit the movement of more than 4 billion people. FILE
Estee Lauder quarterly profit beats on online boost
[ad_1] FILE PHOTO: An Estee Lauder cosmetics counter is seen in Los Angeles, California, U.S., August 19, 2019. REUTERS/Lucy Nicholson (Reuters) – Estee Lauder Cos Inc beat Wall Street estimates for third-quarter profit on Friday,
Wall Street Week Ahead: Stocks face test as reopenings could fuel demand – or more coronavirus
[ad_1] NEW YORK (Reuters) – A bounce in stocks is likely to face a test in the coming weeks as investors try to gauge whether countries and U.S. states emerging from lockdowns can arrest a
RBS scraps Bó as profit halved by $1 billion coronavirus provision
[ad_1] LONDON (Reuters) – Royal Bank of Scotland’s profit halved in the first quarter as it set aside 802 million pounds ($1 billion) to cover an expected spike in bad loans due to the coronavirus