The owner of some of the West End’s most historic theatres is staging a £50m cash injection into the business amid uncertainty about the recovery prospects for Britain’s entertainment industry
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S&P 500 closes down, snapping four-day rally
(Reuters) – The S&P 500 lost ground on Thursday as investors took profits in advance of Friday’s jobs report, ending a four-day rally driven by rising economic sentiment. The Nasdaq
America's billionaire wealth jumps by over half a trillion during COVID-19 pandemic: report
(Reuters) – The combined wealth of America’s billionaires, including Amazon.com Inc (AMZN.O) founder Jeff Bezos and Facebook Inc (FB.O) CEO Mark Zuckerberg, jumped over 19% or by half a trillion
HKEX says many U.S.-listed Chinese firms plan Hong Kong listings
NEW YORK (Reuters) – Many U.S.-listed Chinese firms will likely list on the Hong Kong exchange this year, in part because of U.S. political pressure following China’s new national security
American Airlines to boost U.S. flights in July as economy reopens
WASHINGTON (Reuters) – American Airlines Group Inc (AAL.O) said Thursday it will boost its U.S. flight schedule next month over dramatic reductions since the coronavirus pandemic, planning to fly more
Asian stocks reach two-month high on economic recovery hopes
TOKYO/NEW YORK (Reuters) – Asian shares rose to a two-month high on Thursday as expectations of further government stimulus supported investor confidence in an economic recovery from the global coronavirus
HSBC, StanChart shares rise in Hong Kong after backing China security law
HONG KONG (Reuters) – Hong Kong-listed shares of HSBC and Standard Chartered rose on Thursday after the banks backed China’s imposition of a national security law on the city, even
Virus-hit U.S. state revenue could start slow recovery in third quarter: analysts
CHICAGO (Reuters) – U.S. state tax revenue, which plunged due to the economic fallout from the coronavirus pandemic, could start to slowly recover this summer as long as the outbreak
U.S. FAA chief to testify at Senate hearing on Boeing 737 MAX
WASHINGTON (Reuters) – U.S. Federal Aviation Administration chief Steve Dickson will testify June 17 before a U.S. Senate panel on certification of the Boeing (BA.N) 737 MAX that was involved
U.S. opens national security probe into vanadium imports
WASHINGTON (Reuters) – The U.S. Commerce Department said on Tuesday it was opening an investigation into whether imports of vanadium, a metal used in aerospace, defense and energy applications, impair