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If you look at it, it is more of a financial thing than an Oil Situation. Airlines stock go into descent. Problems for peugeot expecting to see the european car market shrink this year. Lse outperforms. Also reaffirming the final dividend and will complete the 37 billion refinitiv deal in the second half. President trump issues an executive order suspending all immigration into the United States to, quote, fight the invisible pandemic and to save american jobs. Well documecome to street. Lets get to the top stories of the today, which is energy markets. U. S. Crude turns negative for the First Time Ever. Siting the strain on storage looking at minus 2. 08 falling 30 , yesterday settling over minus 37 a barrel. That means producers would pay traders to take oil off their hands. Amid widespread lockdowns amid an output cut ....
French group bucks the trerchd by confirming its dividend bnp says revenue is resilient. Saying the Economic Outlook is difficult. We should look at a return to normaliz normaliz normalized aspects is probably not going to happen this year. The return like in 2019 will not be reached before 2022 new car sales are almost completely wiped out in april, falling 97 . Levels not seen since 1946 as the coronavirus pandemic wipes out consumer demand. A clash of titans wework founder adam neumann takes the fight to softbank for scrapping the 3 billion tender offer that was paurt of a rescue plan for the Office Sharing group a warm welcome to street signs this morning. We are awaiting germanys Constitutional Court ruling on whether they overstepped the mandate purchasing bonds even if the courtrooms in favor of the centra ....
Pandemic kering gets paired down with gus gucci sales down volatile trading again in oil as brent bares the brunt of the selloff. Nearing 21year lows producers battling the glut and depressed demand the u. S. Senate passes a new 500 billion relief fund package. This will go to hospitals. Loans for Small Businesses and some assistance in the funding for testing. You cannot tell people to go out in the streets without adequate testing or the fear is that corona will come back doubly as hard as it came the first time a very warm welcome to street signs. European markets starting the morning off on a high note currently trading about 1 higher following a steep selloff with the main benchmark breaking the win streak this morning, european corporate earnings taking focus. We had a number of Earnings Report a raft of Diffe ....