[ad_1] NEW YORK (Reuters) – A gauge of global equity markets surged 3% on Monday and oil rallied to highs last seen in mid-April as data from an early-stage trial for a coronavirus vaccine lifted
Compass may raise more funds as coronavirus crisis roils catering industry
[ad_1] (Reuters) – Compass Group may announce plans to raise more funds on Wednesday as the world’s largest caterer seeks to ride out the coronavirus crisis with an eye on potential small acquisitions and growing
Delta to resume flying several major routes in June
[ad_1] FILE PHOTO: Delta Air Lines passenger planes are seen parked due to flight reductions made to slow the spread of coronavirus disease (COVID-19), at Birmingham-Shuttlesworth International Airport in Birmingham, Alabama, U.S. March 25, 2020.
Walmart trailed supermarkets amid peak panic-buying – data
[ad_1] LONDON/NEW YORK (Reuters) – Americans increased their visits to supermarkets far more than to Walmart Inc stores as panic-buying peaked in mid-March, a Reuters analysis of foot traffic to retailers in the United States
Wall Street surges on hopes for stimulus, coronavirus vaccine
[ad_1] (Reuters) – Wall Street’s main indexes surged on Monday as encouraging early data from a potential coronavirus vaccine trial boosted sentiment, with investors also counting on more stimulus to rescue the economy from a
Cash-strapped India’s economic plan unlikely to soften coronavirus blow
[ad_1] NEW DELHI (Reuters) – India’s $266 billion economic rescue package rests mostly on boosting company credit but contains scant new public spending, tax breaks or cash support to revive demand and prevent firms from
U.S. car rental firm Hertz names new CEO
[ad_1] FILE PHOTO: The logo of the American car rental company Hertz is seen at the Nantes-Atlantique airport in Bouguenais near Nantes, western France, April 7, 2016. REUTERS/Stephane Mahe/File Photo (Reuters) – Hertz Global Holdings
Thyssenkrupp in talks with rivals over steel business: source
[ad_1] FRANKFURT/DUESSELDORF (Reuters) – German conglomerate Thyssenkrupp (TKAG.DE) is in talks with international rivals about consolidating its loss-making steel business, a person familiar with the matter said. FILE PHOTO: A crane operator lifts up a
Brent at one-month high, U.S. oil tops $31 as restrictions ease
[ad_1] LONDON (Reuters) – Oil prices climbed by $2 a barrel on Monday, with benchmark Brent hitting a one-month high and U.S. crude topping $30 supported by optimism about the re-opening of economies and output
Gold thrives on flight to safety; palladium jumps
[ad_1] (Reuters) – Gold jumped more than 1% on Monday to its highest since October 2012 after a batch of weak data knocked hopes for a speedy global economic recovery while auto-catalyst palladium surged to