Business

(Reuters) – The U.S. Federal Reserve on Tuesday acted to ensure companies can continue paying workers and buying supplies through the coronavirus epidemic, as top officials scrambled through the day to broaden efforts to blunt the economic fallout from the health crisis. The Fed in the morning announced it would reopen the so-called Commercial Paper
0 Comments
SYDNEY/CHICAGO (Reuters) – Airlines around the world said they would make more drastic cuts to their flying schedules, shed jobs and seek government aid after countries further tightened border restrictions due to the fast spreading coronavirus. FILE PHOTO: Qantas aircraft are seen on the tarmac at Melbourne International Airport in Melbourne, Australia, November 6, 2018.
0 Comments
Ambassador Debbie Birx, the White House Coronavirus Response Coordinator, displays the new testing protocols being deployed for coronavirus after U.S. President Donald Trump declared the coronavirus pandemic a national emergency during a news conference in the Rose Garden of the White House in Washington, U.S., March 13, 2020. REUTERS/Jonathan Ernst (Reuters) – Shares of Google
0 Comments
SINGAPORE/WASHINGTON (Reuters) – Canadian Prime Minister Justin Trudeau’s wife, Australia’s minister for home affairs and a Chelsea soccer player are among new cases of the coronavirus that has infected almost 135,000 people and killed more than 4,900 worldwide. FILE PHOTO: Sophie Gregoire Trudeau, the wife of Liberal leader and Canadian Prime Minister Justin Trudeau, campaigns
0 Comments
PARIS/LOS ANGELES (Reuters) – Airlines bore the brunt of a dramatic expansion of the coronavirus crisis on Thursday, as U.S. travel curbs on much of continental Europe deepened the sector’s misery and piled more pressure on governments to offer emergency support. The 30-day restrictions will badly disrupt transatlantic traffic key to the earnings of major
0 Comments
NEW YORK (Reuters) – Wall Street stocks plunged on Wednesday, with the Dow .DJI confirming a bear market for the first time since the financial crisis after the World Health Organization called the coronavirus outbreak a pandemic. All three major U.S. stock averages ended the session sharply lower, with the benchmark S&P 500 .SPX and
0 Comments
An Uber pick-up location is pictured in San Diego, California, California, September 30. 2019. REUTERS/Mike Blake (Reuters) – Uber Technologies Inc (UBER.N) notified riders and drivers that it may temporarily suspend the accounts of anyone who has tested positive for the coronavirus or have been exposed to it, the ride-hailing company said on Wednesday. The
0 Comments