[ad_1] BUENOS AIRES/LONDON (Reuters) – Argentina and its international creditors are racing to find middle-ground over a $65 billion debt restructuring, with sources close to the government indicating it may be willing to be flexible
Global hedge funds post April gains but still negative for the year – data
[ad_1] BOSTON (Reuters) – Global hedge funds posted their biggest monthly gain in more than a decade in April when stocks rocketed higher with the help of government rescue packages designed to fuel growth stalled
World stocks climb on China trade relief, while U.S. jobs data dents dollar
[ad_1] NEW YORK (Reuters) – World shares rose on Thursday after China’s exports came in far stronger than expected, suggesting an economic recovery was under way, but the dollar fell from two-week highs as U.S.
JPMorgan Chase says still no timeline for return of staff to offices – memo
[ad_1] FILE PHOTO: A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar/File Photo NEW YORK (Reuters) – JPMorgan Chase & Co
Exclusive: Norwegian Cruise Line has enough cash for 18 months of no revenue – CEO
[ad_1] U.S. Norwegian Cruise Line Holdings cruise ship Marina arrives at the Havana bay, Cuba March 9, 2017. REUTERS/Alexandre Meneghini/Files NEW YORK (Reuters) – Norwegian Cruise Line Holdings Ltd’s $3.5 billion in cash on hand
North American oil producers slash output faster than OPEC skeptics expected
[ad_1] NEW YORK (Reuters) – North American oil companies have slashed production faster than skeptical OPEC officials and industry analysts expected, on course to cut roughly 1.7 million barrels per day by the end of
Wall Street bullish on Lyft, Uber on lower driver costs, recovery signs
[ad_1] (Reuters) – Wall Street gave a resounding vote of confidence to ride-hailing stocks ahead of Uber’s results on Thursday, after Lyft indicated a recovery in demand and lower costs as rising unemployment creates more
Equity markets in full recovery mode; India, Brazil, Korea, Taiwan top picks – Mark Mobius
[ad_1] (Reuters) – World equity markets are now in recovery mode, according to veteran emerging markets fund manager Mark Mobius, who said he was betting that markets had bottomed out. Mark Mobius, executive chairman at
ViacomCBS beats revenue, profit estimates as lockdowns boost streaming demand
[ad_1] (Reuters) – Media company ViacomCBS Inc on Thursday beat first-quarter revenue and profit estimates, as higher demand for its streaming services from people hunkered down at home more than offset a drop in advertising
GSK tests experimental drug to treat pneumonia from COVID-19
[ad_1] General view outside GlaxoSmithKline (GSK) headquarters in Brentford, following the outbreak of the coronavirus disease (COVID-19), London, Britain, May 4, 2020. REUTERS/Matthew Childs (Reuters) – GlaxoSmithKline has started a trial to test an experimental