Stock Markets1 hour ago (Aug 13, 2020 07:25AM ET) (C) Reuters. FILE PHOTO: An air plane takes off from the airport as air traffic is effected by the spread of the coronavirus disease (COVID-19) in Frankfurt PARIS (Reuters) – Airlines further lowered their European traffic outlook on Thursday, as persistent travel restrictions and concerns about […]Read More

(C) Reuters. FILE PHOTO: Drilling rigs operate at sunset in Midland By Liz Hampton (Reuters) – On July 7, the board of directors at Texas fracking sand supplier Hi-Crush granted nearly $3 million in bonuses to four top executives, including $1.35 million for CEO and founder Robert Rasmus. Five days later, the company declared bankruptcy. […]Read More

Technology1 hour ago (Aug 13, 2020 07:05AM ET) (C) Reuters. Apple logo is seen on the Apple store at The Marche Saint Germain in Paris (Reuters) – Apple Inc (NASDAQ:AAPL) is readying a series of subscription bundles that will let customers sign in for several of the iPhone maker’s digital services at a lower monthly […]Read More

Stock Markets1 hour ago (Aug 13, 2020 07:05AM ET) (C) Reuters. Outbreak of the coronavirus disease (COVID-19) in Frankfurt BERLIN (Reuters) – German services union Verdi on Thursday said Lufthansa (DE:LHAG) had walked away from negotiations over a package to cut staff costs after the flagship carrier received a 9 billion euro ($10 billion) government […]Read More

Stock Markets1 hour ago (Aug 13, 2020 06:58AM ET) (C) Reuters. By Peter Nurse Investing.com – U.S. stocks are set to open marginally lower Thursday, consolidating after strong gains the previous session, with investors cautious ahead of key unemployment data and with U.S. policymakers still at loggerheads over the size and scope of the next […]Read More

Stock Markets1 hour ago (Aug 13, 2020 06:55AM ET) (C) Reuters. FILE PHOTO: Logo of Germany-based travel company TUI By Sarah Young LONDON (Reuters) – TUI (L:TUIT) (DE:TUIGn), the world’s largest tourism company, said it was considering raising new equity from shareholders or selling off parts of the business to reduce debt taken on to […]Read More

Stock Markets2 hours ago (Aug 13, 2020 06:45AM ET) (C) Reuters. MANILA (Reuters) – Former Wirecard executive Christopher Bauer, one of several people being investigated over a multi-billion dollar fraud at the German payments firm, died in The Philippines last month, the Justice Ministry confirmed on Thursday. Bauer died of natural causes in a hospital […]Read More

Stock Markets2 hours ago (Aug 13, 2020 06:45AM ET) (C) Reuters. India stocks lower at close of trade; Nifty 50 down 0.07% Investing.com – India stocks were lower after the close on Thursday, as losses in the Healthcare, Banking and Technology sectors led shares lower. At the close in NSE, the Nifty 50 declined 0.07%, […]Read More

Stock Markets2 hours ago (Aug 13, 2020 06:40AM ET) (C) Reuters. A man walks a dog in the shade past the New York Stock Exchange (NYSE) during hot weather in New York By Ambar Warrick and Medha Singh (Reuters) – U.S. stock index futures were trading flat on Thursday after the benchmark S&P 500 ended […]Read More

Economy2 hours ago (Aug 13, 2020 06:20AM ET) (C) Reuters. FILE PHOTO: Illustration picture of Wechat app with China flags (Reuters) – U.S. companies whose fortunes are linked to China are pushing back against the Trump administration’s plans to restrict business transactions involving Tencent Holdings (OTC:TCEHY) Ltd’s WeChat app, the Wall Street Journal reported on […]Read More