Liberian former IMF Africa chief named as deputy managing director
International Monetary Fund Managing Director Kristalina Georgieva on Tuesday nominated former IMF official Antoinette Sayeh to become a deputy managing director at the Fund.
Liberian former IMF official named as deputy managing director
International Monetary Fund Managing Director Kristalina Georgieva on Tuesday nominated former IMF official Antoinette Sayeh to become a deputy managing director at the Fund.
Fed’s Kaplan says unclear right now if coronavirus calls for U.S. rate change: WSJ
Federal Reserve Bank of Dallas President Robert Kaplan said on Tuesday events are still too fluid around the coronavirus outbreak to say the U.S. central bank needs to lower short-term rates, the Wall Street Journal reported on Tuesday.
Fiat Chrysler CEO Manley received 13.3 million euros in 2019 compensation: filing
Fiat Chrysler Automobiles NV (FCA) Chief Executive Mike Manley received compensation of 13.28 million euros ($14.45 million) for 2019, in line with a target set by the company, the Italian-American automaker said in a filing on Tuesday.
In first public results, Branson’s Virgin Galactic posts $73 million quarterly loss
Billionaire Richard Branson’s space tourism company, Virgin Galactic Holdings Inc , said on Tuesday its fourth-quarter net loss widened to $73 million from a year-ago loss of $46 million as it reported its first results as a publicly traded company.
U.S. trade rep Lighthizer to meet British counterpart as allies gear up for talks
U.S. Trade Representative Robert Lighthizer will meet with Britain’s trade minister Liz Truss this week, British government officials said on Tuesday, as the two allies gear up for post-Brexit trade talks that could prove contentious.
Mallinckrodt agrees to $1.6 billion opioid settlement, unit to seek bankruptcy
Mallinckrodt Plc on Tuesday said it had agreed to a $1.6 billion settlement proposal in which its generic drug business would file for bankruptcy in order to resolve thousands of lawsuits alleging it helped fuel the U.S. opioid epidemic.
PG&E plans to raise up to $25.68 billion by selling securities
California power producer PG&E Corp said on Tuesday it plans to raise up to $25.68 billion by selling securities, as it works its way out of the bankruptcy process.
Coronavirus fears pull U.S. chip index into a correction
Wall Street’s main semiconductor benchmark tumbled into correction territory on Tuesday in its deepest four-day rout since the financial crisis, as the coronavirus spread further around the world and deepened fears about the global economy.
Wall Street’s sell-off deepens as coronavirus fears intensify
The Dow and the S&P 500 tumbled 3% on Tuesday in their fourth straight day of losses as the coronavirus spread further around the world and investors offloaded risky assets as they struggled to gauge the economic impact.
