Hedge fund Chatham Asset Management’s bid succeeded in a court-supervised auction for bankrupt news publisher McClatchy Co MNIQQ.PK, the news…
Business
Oil slips as traders expect OPEC+ to ease supply cuts
Oil prices slipped about 1% on Monday after global coronavirus cases rose by a record daily amount, fanning fears of…
China’s export slump to ease in June as economies reopen, imports fall less
The slump in China’s exports likely eased in June as some countries reopened their economies, while imports contracted less sharply…
Pause, reflect: Five questions for the ECB
For the first time in months, the European Central Bank has reason to break from crisis-fighting mode — economic activity…
Life after Zoom: corporate travel agents plot safe return to business trips
Corporate travel agents are using the coronavirus-induced lull in bookings to work with companies on how to get their staff…
Equities reverse after hitting five-month peak, bonds edge higher
World equity benchmarks reversed course after hitting a five-month peak on Monday while safe-haven U.S. government bonds and gold gained,…
U.S. turns screws on maritime industry to cut off Venezuela’s oil
Several companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil…