By Terje Solsvik OSLO (Reuters) – Norwegian Air <NWC.OL> shares plummeted again on Tuesday, and are now trading down around 97% from their 2015 peak, with the airline’s survival depending on creditors accepting a rescue plan proposed last week. The shares slumped as much as 62.5% as markets reopened after the Easter holidays. It was […]
By Pete Schroeder and Michelle Price WASHINGTON (Reuters) – The U.S. Federal Reserve has hired asset management giant BlackRock to help it execute the purchase of commercial mortgage-backed securities announced this week as part of the central bank’s aggressive efforts to shore up the U.S. economy. Over the past week, the central bank has released […]
BRUSSELS (Reuters) – The coronavirus outbreak is expected at this stage to have only a “marginal” impact on the European Union’s economy, two EU officials told Reuters on Tuesday. The coronavirus epidemic has killed more than 1,000 people in China and has squeezed its economy, with firms struggling to get back to work after an […]
