JPMorgan says it resolved outage in trading platform last week
JPMorgan Chase & Co said on Monday it had resolved an outage experienced on Thursday in its U.S. electronic trading platform on the same evening.
Factbox: History of extended New York Stock Exchange market closings
With state and local governments across the United States taking steps to contain the coronavirus spread, including requiring the closing of schools, restaurants and other meeting places, questions have begun to swirl on whether stock markets will shut…
UK PM Johnson describes coronavirus measures as most far-reaching in peacetime
British Prime Minister Boris Johnson said that the government has announced the most far-reaching measures the population has experienced in peacetime to slow the spread of coronavirus.
UK’s Johnson: Northern Ireland as well protected from virus as Ireland
British Prime Minister Boris Johnson said on Monday that people in Northern Ireland were being as well protected from the coronavirus outbreak as people just across the border in the Republic of Ireland, which has adopted more stringent measures.
Carrefour mounts shields for French cashiers in coronavirus crisis
Carrefour began putting up protective barriers for cashiers in its French supermarkets on Monday, as it beefs up sanitary measures and looks to keep business flowing as France shuts down other sectors to fight the coronavirus outbreak.
U.S. car buyers may get a break on loans as coronavirus threatens auto sales
Several automakers on Monday said U.S. buyers of new vehicles will have the option to defer their payments and customers with existing car loans could ask for payment rescheduling if impacted by shutdowns due to the spread of coronavirus.
U.S. gasoline refining margins settle at lowest since December 2008
U.S. gasoline refining margins fell to the lowest since December 2008 on Monday, as the spread of coronavirus intensified in the United States, disrupting daily life for Americans who have been told to stay indoors and off the road.
Airline bailouts? Cash handouts? Debate deepens on inoculating economy against coronavirus
The United States and other rich countries need to start spending their way out of the coronavirus crisis, White House advisers, the International Monetary Fund and business groups said Monday, amid growing market panic about the pandemic.
Wall Street sinks as Fed’s shock cut increases worries over virus spread
U.S. stocks fell sharply on Monday as the Federal Reserve’s drastic move to cut interest rates to near zero fueled anxiety over the extent of economic damage from the coronavirus pandemic.
U.S. shale oil output to rise to record 9.08 million barrels per day in April – EIA
U.S. oil output growth from the Permian basin is expected to offset declines in every other shale formation in April, helping push overall production up by about 18,000 barrels per day (bpd) to a record 9.08 million bpd, data showed on Monday.
