Author: Reuters

A wave of credit rating downgrades in the corporate sector risks deepening a funding crisis for company bosses and spreading it to other...

Truckmaker AB Volvo said on Friday it would put all its 20,000 staff in Sweden on short-term temporary lay off-scheme starting next week as it plans to close it’s whole production system in the...

Shattered airlines were left counting the cost of government support as countries from the United States to New Zealand set out conditions for bailouts needed to absorb the shock of the coronavirus...

Supply restraint by core-OPEC producers could push second-quarter Brent oil prices up to $30 a barrel, while U.S. measures to support the market could underpin prices in the near term, Goldman Sachs said in a research...

Oil prices recovered further on Friday, following steep gains in the previous session after U.S. President Donald Trump hinted he may intervene in the price war between Saudi Arabia and Russia at an “appropriate...