By John McCrank NEW YORK (Reuters) – The New York Stock Exchange does not currently plan to close its trading floor and the markets are functioning as expected, even as concerns over the coronavirus cause sharp spikes in volatility, NYSE President Stacey Cunningham said on Thursday. “If there is an outbreak, we can clean the […]
By Yilei Sun, Cheng Leng and Brenda Goh BEIJING/SHANGHAI (Reuters) – U.S. electric vehicle maker Tesla Inc <TSLA.O> and a group of China banks have agreed a new 10 billion yuan ($1.4 billion), five-year loan facility for the automaker’s Shanghai car plant, three sources familiar with the matter said, part of which will be used […]
By Howard Schneider and William Schomberg WASHINGTON/LONDON (Reuters) – The U.S. Federal Reserve and the Bank of England ramped up their emergency responses to the world’s escalating coronavirus recession on Thursday as they pushed deeper into territory once considered fraught with risk for central bankers. The Fed, in its boldest move to date to soften […]
