Travel related insurance cover for future coronavirus claims has been withdrawn by three more travel insurers – Aviva, InsureandGo and the Post Office, following a similar measure earlier by LV=. Late on Wednesday night, an announcement that sale of all… Read More ›
While not making any change on the interest rates, the European Central Bank has announced a set of fresh stimulus measures to help the European Union to tackle the economic fall out of the spread of the coronavirus – now… Read More ›
Best Buy Co Inc’s Executive Chairman Hubert Joly will be stepping down and will not stand for re-election at its annual general shareholder’s meeting on June 11. Joly, a restructuring expert and former chief executive officer of the company, had… Read More ›
With WHO finally classifying China’s coronavirus as pandemic, U.S. Senate Finance Committee Chairman Chuck Grassley stated, a payroll tax cut was among the options being tabled to offset the economic impact of the coronavirus. “If you’re going to negotiate in… Read More ›
The U.S. Administration is “looking at” investments made by the California Public Employees’ Retirement System (CalPERS) in Chinese military companies, said U.S. national security adviser Robert O’Brien. O’Brien’s comments come midst U.S. charges of massive Chinese espionage in the United… Read More ›
According to a report by the Wall Street Journal, activist investor Carl Icahn has increased his stake in Occidental Petroleum Corp to nearly 10% as he scales up his fight to take control over the oil producer. As of the… Read More ›
Exchange operator CME Group Inc stated, it would close its Chicago trading floor after business hours on Friday in order to reduce potential exposure to China’s coronavirus which has gone pandemic. China’s coronavirus, which began in Wuhan where Beijing has… Read More ›
In a statement late on Wednesday, Bombardier Inc said, its CEO Alain Bellemare, would be leaving the company. Eric Martel, CEO of hydropower producer Hydro-Quebec would be replacing Bellemare effective from April 6.
