Asia stocks set to gain after recovery hopes push Wall Street higher

Asian stocks were set to climb on Tuesday as confidence in an economic recovery pushed the Nasdaq benchmark to a record high, although doubts about crude supply cuts were likely to keep oil prices under pressure.

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Men accused of helping ex-Nissan boss flee Japan challenge U.S. extradition case

Lawyers for the former Green Beret and son wanted by Japan for helping former Nissan Motor Co boss Carlos Ghosn flee the country on Monday argued U.S. authorities wrongly arrested them for aiding a crime that they say does not exist in Japan: bail jumping.

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Amtrak needs $1.5 billion bailout, prepares to cut up to 20% of workforce

U.S. passenger railroad service Amtrak said on Tuesday it needs a further $1.475 billion bailout and disclosed plans to cut its workforce by up to 20% in the coming budget year.

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Asia shares set to fall as Sino-U.S. strains hit confidence

Asian shares were set for another retreat on Friday as U.S.-China tensions curbed investor risk appetite and caused global equity markets to stumble.

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EasyJet board looks set to win latest battle with Stelios

EasyJet's board looks poised to win a shareholder vote on Friday and deal a blow to its founder and long-term critic over the British low-cost airline's plan to stick with a $5.5 billion plane order.

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Asian stocks set to fall on growing second virus wave fears

Asian equities and oil prices were set to slip on Tuesday amid growing investor worries about a second wave of coronavirus infections after the Chinese city where the pandemic originated reported its first new cases since its lockdown was lifted.

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Bitcoin goes through third 'halving', falls vs U.S. dollar

Bitcoin slid on Monday in volatile trading, after it went through a technical adjustment that reduced the rate at which new coins are created, but the outlook remained upbeat as the increase in supply slows down.

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Asia stocks poised to rise as upbeat earnings trump jobs gloom

Asian stocks were set to track Wall Street gains on Friday, after upbeat corporate earnings took the focus off upcoming data that is expected show the worst U.S. unemployment rate in more than 70 years.

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Neiman Marcus's attempt to manage crushing debt undone by COVID-19

On March 17, about a week after the World Health Organization declared COVID-19 a pandemic, Neiman Marcus Group had no choice but to close its 67 stores.

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Government aid for Brazil's airlines shrinks, while Panama's Copa shrugs off bailout

Stress has been mounting for Latin American airlines as carriers brace for a slow recovery from the coronavirus pandemic, but Brazil's government on Thursday reduced the loan aid available for carriers, while Panama's Copa Airlines said it did not need a bailout.

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Asia stocks set to track soft Wall Street lead amid pandemic worries

Asian stocks were set to come under pressure on Thursday as downbeat economic data pushed investors to safe havens and growing worries about falling demand sent oil prices lower.

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Oil, stocks poised to gain in Asia on economic growth hopes

Global stocks and crude prices were set to extend gains in Asia on Wednesday on confidence that government steps to restart economies will bring back growth and demand for oil.

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Apple borrows on the cheap to fund buybacks, dividends

Apple Inc on Monday capitalized on the Federal Reserve's emergency measures in response to the coronavirus outbreak to issue its cheapest bonds in years, making it the latest blue-chip company to do so to fund stock buybacks and dividends.

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