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Markets

SGX to stay open and accessible

SINGAPORE Exchange (SGX) on Friday said its securities and derivatives markets will remain open and accessible as Singapore closes most workplaces for a month from Tuesday.

Markets

Large US banks to take small business loan applications next week: Mnuchin

U.S. Treasury Secretary Steven Mnuchin said on Friday he expects all large U.S. banks to be participating in a newly launched, US$350 billion small business coronavirus rescue loan program by next week, with community banks issuing most of the loans so far.

Markets

Warren Buffett’s Berkshire Hathaway sells some stake in Delta Air Lines

Warren Buffett's Berkshire Hathaway Inc said on Friday it has sold some of its stake in Delta Air Lines Inc .

Markets

Walmart to limit number of customers at stores as virus crisis deepens

Walmart Inc said on Friday it would limit the number of customers in a store at a time, starting April 4, to encourage social distancing among its customers.

Markets

Occidental appoints Robert Peterson as CFO

Oil and gas producer Occidental Petroleum Corp said on Friday it appointed Robert Peterson as the company's new chief financial officer.

Markets

Fiat Chrysler postpones shareholders’ meeting and resolution on dividend to late June

Fiat Chrysler said on Friday it decided to postpone to late June its shareholders' meeting scheduled for April 16, as a consequence of the continuing coronavirus emergency.

Markets

Exxon plays on virus worries in Baytown contract talks: union official

A union official said on Friday Exxon Mobil Corp is playing on economic uncertainty caused by the coronavirus pandemic in negotiations with workers at its Baytown, Texas, refinery.

Markets

Wall Street falls as coronavirus shreds US payrolls

Wall Street's main indexes fell more than 1.5per cent on Friday as the coronavirus abruptly ended a record U.S. job growth streak of 113 months, intensifying fears of a deep economic slowdown.

Markets

Morgan Stanley plans to hold annual meeting in person

Morgan Stanley plans to hold in person its annual shareholder meeting, scheduled for May 21, the Wall Street bank said on Friday, even as many companies have moved their meetings online amid the novel coronavirus outbreak.

Markets

Fed Chair Powell spoke with Trump as virus took aim at US

Federal Reserve Chair Jerome Powell had two previously undisclosed phone calls with U.S. President Trump in February, calendars released on Friday show, including a brief call during the last week of the month when it was becoming clearer that the coronavirus would likely have more than a ...

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