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Fitch Ratings Predicts Avianca, Digicel & Odebrect Will Be Unable To Repay Debt Due This Year

31 / 03 / 2020

In a new report, Fitch Ratings said that it expects a combined $202 million USD in debt due this year and owed by Avianca, Odebrecht and Digicel will not be repaid by the issuers....

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Oil ends lower after U.S. crude stockpiles jump, gasoline demand sinks

02 / 04 / 2020

Oil prices fell on Wednesday after U.S. crude inventories rose last week by the most since 2016, while gasoline demand suffered its biggest weekly drop ever due to the coronavirus pandemic.

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France's coronavirus death toll jumps to nearly 5,400 as nursing homes included

02 / 04 / 2020

The number of cumulative known deaths from coronavirus in France surged to nearly 5,400 on Thursday as the country started including fatalities in nursing homes in its data.

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GE to furlough 50% of U.S. engine assembly, component manufacturing ops staff

02 / 04 / 2020

General Electric Co said on Thursday it would furlough about half its workers in the U.S. engine assembly and component manufacturing operations, a move that would affect thousands of employees, as the coronavirus pandemic hurts travel demand.

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Wall Street gains on oil surge, but off early highs

02 / 04 / 2020

U.S. stocks rose on Thursday as hopes for a truce in the price war between Saudi Arabia and Russia and a cut oil output drove gains, helping to offset the shocking jump in Americans filing for jobless claims due to coronavirus-led lockdowns.

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