China's exports expanded in April despite the global outbreak of coronavirus, or covid-19, pandemic hurting global demand, data from the General Administration of Customs revealed Thursday. In dollar terms, exports grew 3.5 percent on a yearly basis in April, confounding expectations for a decline of 12.1 percent. Shipments had declined 6.6 percent in March.

The Philippine economy contracted for the first time since 1998 as coronavirus containment measures weighed heavily on investment and shipments, official data showed Thursday. Gross domestic product fell 0.2 percent on a yearly basis in the first quarter, in contrast to fourth quarter's revised 6.7 percent expansion, the Philippine Statistics Authority reported.

A report released by the Institute for Supply Management on Tuesday showed U.S. service sector activity contracted for the first time since December of 2009 in the month of April. The ISM said its non-manufacturing index tumbled to 41.8 in April from 52.5 in March, with a reading below 50 indicating a contraction in service sector activity.

Germany's top court on Tuesday ruled against the European Central Bank's bond purchases and gave the bank three months to explain how the scheme can be justified.

The U.S. dollar gained against most of its rivals on Tuesday, extending recent upside, as risk sentiment improved after several countries across the world started to reopen businesses gradually.

The jobless rate in New Zealand came in at a seasonally adjusted 4.2 percent in the first quarter of 2020, Statistics New Zealand said on Wednesday.

Factory orders from Germany and final composite Purchasing Managers' survey from euro area are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is set to release Germany's factory orders for March. Economists forecast orders to fall 10 percent on month after falling 1.4 percent in February.

The European Commission on Wednesday downgraded the growth forecasts for the Eurozone and the European Union and said the region is set to witness a recession of "historic proportions" this year due to the "major shock" from the coronavirus, or Covid-19, pandemic and the consequent lockdown.

Germany's factory orders declined the most since the records began in 1991, as measures to contain the spread of coronavirus, or covid-19, pandemic dampened both domestic and foreign demand. Factory orders declined sharply by 15.6 percent on a monthly basis in March, much bigger than the 1.2 percent drop posted in February, data published by Destatis revealed Wednesday.

Private sector employment nosedived in the month of April, according to a report released by payroll processor ADP on Wednesday. The report said private sector employment plunged by 20.236 million jobs in April after slumping by a revised 149,000 jobs in May.

Netflix has acquired global rights to the upcoming heartwarming comedy-drama The Starling from Limelight, Entertainment One (eOne) and Boies Schiller Entertainment. The streaming service reportedly paid around $20 million for distribution rights for the film.Its release date has not yet been scheduled. Directed by two-time Academy award nominee Theodore Melfi, the film tells the story of a mar

AMC Entertainment has banned screening all Universal films in its theaters across the world. The ban was provoked by Universal Pictures releasing children's film Trolls World Tour digitally. In a letter to Universal Studios Chairman Donna Langley, AMC Entertainment said the move was in response to the film company's decision to stream more movies online simultaneously with their release in theate

The major U.S. index futures are currently pointing to a lower opening on Friday, with stocks likely to extend the pullback seen in the previous session.

The major U.S. index futures are currently pointing to a sharply higher opening on Friday, with stocks likely to add to the gains posted in the previous session.

The major U.S. index futures are currently pointing to a lower opening on Monday, with stocks likely to extend the sharp pullback seen over the two previous sessions.

The major U.S. index futures are currently pointing to a lower opening on Monday, with stocks likely to give back ground following the strong upward move seen last week.

The major U.S. index futures are currently pointing to a higher opening on Monday, with stocks likely to add to the gains posted in the previous session.

The major U.S. index futures are currently pointing to a higher opening on Thursday following the mixed performance seen in the previous session.

The major U.S. index futures are currently pointing to a roughly flat opening on Thursday, with stocks likely to show a lack of direction following the volatility seen over the past few sessions.

The major U.S. index futures are currently pointing to a lower opening on Thursday, with stocks likely to give back some ground following the rally seen in the previous session.

The major U.S. index futures are currently pointing to a higher open on Tuesday, with stocks likely to move to the upside after ending the previous session mixed.

The major U.S. index futures are currently pointing to a sharply lower open on Tuesday, with stocks likely to extend the pullback seen in the previous session.

The major U.S. index futures are pointing to a higher open on Wednesday, with stocks likely to extend the upward move seen over the course of the two previous sessions.

The major U.S. index futures are pointing to a sharply lower open on Wednesday, with stocks likely to give back ground following the rally seen in the previous session.

Cresco Labs Inc. said it has completed the expansion project for its cultivation and manufacturing facility located in Brookville, Pennsylvania, enabling the company to triple its cannabis cultivation capacity in the state.

Canadian security regulators halted trading in shares of iAnthus Capital Holdings Inc. on Wednesday for nearly four hours amid reports about the cannabis company's difficult financial situation.

Hightimes Holding Corp, the owner of the High Times cannabis brand, has agreed to acquire thirteen California dispensaries from Harvest Health & Recreation Inc. for $80 million.

Clever Leaves, a multinational operator and licensed producer of pharmaceutical-grade cannabis as well as hemp extracts, and Canopy LATAM Corp., a wholly owned subsidiary of Canadian cannabis company Canopy Growth Corp. (CGC, WEED.TO), said they have entered into a regional supply agreement.

After a lull in coronavirus-related death toll in the United States since the beginning of this month, the country recorded nearly 2,000 deaths in the past 24 hours. Daily death toll has been moving around 1000 since May 1, but it rose to the 2000 range for the third day in a row. On Wednesday, 1,949 people died of the killer disease in the U.S. The new surge in casualties brought the total numb

A significant surge in coronavirus-related deaths and infections was reported in the United States on Wednesday. With 2,229 casualties, the total number of deaths has risen to 46,785, according to Johns Hopkins University's latest data. With 29,304 new confirmed cases in the last 24 hours, the number of COVID-19 infections in the U.S. increased to 842,624.

Brewer Constellation Brands, Inc. has raised its stake in Canopy Growth Corp. to 38.6 percent, indicating its confidence in the Canadian cannabis company's future growth.

The United States recorded only 1,015 coronavirus-related deaths in the past 24 hours, the lowest one-day tally in a month. While new COVID-19 infections and deaths are falling since the beginning of this month in the country, a coronavirus model cited by the White House is forecasting the daily death toll to reach new height of 3,000 by June 1. The daily infection rate is slated to increase mul

Cresco Labs Inc. on Monday reported a net loss for the fourth quarter that widened from last year as higher costs and expenses offset strong revenue growth.

President Donald Trump says all parts of the country are either in good shape or getting better based on reports that the infection rate has dropped significantly in several hotspots, including New York. Some states such as Texas, Alaska, Georgia, Oklahoma, Tennessee and South Carolina are taking their first steps toward reopening. At a routine White House news conference on Monday, the President

President Donald Trump on Monday announced a strategy to expand coronavirus testing facilities in the United States, which the White House described as a decisive step to ensure States have the testing system required to reopen the nation. The Trump Administration released its blueprint for State testing plans and rapid response programs as a follow up of the "Opening Up America Again" guidelines

Ethos Cannabis, a Pennsylvania-based multi-state cannabis operator, said it has agreed to acquire the rights to seven medical marijuana dispensaries in Maryland and Pennsylvania from 4Front Ventures Corp. Terms of the deal were not disclosed.

The head of the Centers for Disease Control and Prevention has warned of a second wave of the novel coronavirus in the next winter, which, according to him, is likely to be even more devastating than the one that is raging across the globe. "We're going to have the flu epidemic and the coronavirus epidemic at the same time," CDC Director Robert Redfield said in an interview with The Washington Po

Omura, a California-based marijuana and hemp flower vaporizer company, said that Bruce Linton, the former CEO and founder of Canadian cannabis company Canopy Growth Corp., has participated in the company's latest fundraising round. Linton has also joined Omura as strategic advisor.

While reporting financial results for the first quarter on Friday, commercial flooring company Interface, Inc. (TILE) said it has withdrawn its previously communicated financial guidance for the full-year 2020, due to the continued disruption of the global economy due to COVID-19, and the significant level of uncertainty created by the global pandemic.

While reporting financial results for the third quarter on Thursday, dental solutions company Dentsply Sirona, Inc. (XRAY) said it is withdrawing its previously communicated financial guidance for the full-year 2020 as a result of the uncertainty around the duration of the COVID-19 pandemic and its impact on the business.

While reporting financial results for the first quarter on Friday, cost containment solutions provider HMS Holdings Corp. (HMSY) trimmed its revenue outlook for the full year 2020.

While reporting financial results for the first quarter on Friday, Northwest Natural Holding Co. (NWN) on Friday reaffirmed its earnings from continuing operations guidance for the full-year 2020, but now expected toward the lower end of the range given potential effects from the COVID-19.

While reporting financial results for the first quarter on Friday, energy company Avista Corp. (AVA) said it is lowering its consolidated earnings guidance for the full-year 2020 to reflect regulatory items, expected net impacts from COVID-19, and losses at our non-utility businesses.

While reporting its first-quarter financial results on Friday, Alliance Resource Partners LP (ARLP) said its second-quarter results will suffer due to the demand destruction caused by the COVID-19 pandemic.

While reporting financial results for the second quarter on Friday, life science company Meridian Bioscience, Inc. (VIVO) raised its adjusted earnings and revenue guidance for the full year 2020, despite the turmoil of the COVID-19 pandemic due to the unprecedented demand for its Life Science products.

While reporting its first-quarter financial results on Friday, PPL Corp. (PPL) said that through the end of the first quarter, it remained on track to achieve its fiscal 2020 earnings forecast of $2.40 to $2.60 per share.

While reporting financial results for the first quarter on Thursday, power company AES Corp. (AES) lowered its adjusted earnings guidance for the full-year 2020, due to the COVID-19-related economic slowdown.

While reporting financial results for the first quarter on Thursday, aerospace and defense company Raytheon Technologies Corp. (RTX) said it is not providing an outlook at this time, due to the ongoing uncertainty regarding the scope, severity and duration of the COVID-19 pandemic.

While reporting financial results for the first quarter on Thursday, Quanta Services, Inc. (PWR) slashed its earnings and revenue guidance for the full-year 2020, reflecting the estimated impact of COVID-19 and other factors on operations.

Shares of Telefonica SA were losing around 2 percent in the trading in Spain after the telecom major on Thursday reported weak first-quarter profit and withdrew fiscal 2020 guidance due to the current level of uncertainty amid Covid-19 impact. However, for the mid-term, the company backed 2022 guidance of revenue growth. Separately, Telefonica announced an agreement with Liberty Global.