[ad_1] SHANGHAI/BEIJING (Reuters) – China’s central bank will take further steps to support the virus-hit economy, including releasing more liquidity and lowering funding costs for companies, a vice governor of the bank told state media.
In next downturn, Fed may opt for quick, strong action
[ad_1] NEW YORK/SAN FRANCISCO (Reuters) – In the next economic downturn, the Federal Reserve and other central banks may need to roll out their big guns sooner and use them more aggressively, or risk getting
India set to dazzle Trump with pomp and circumstance as trade rows fester
[ad_1] NEW DELHI/WASHINGTON (Reuters) – U.S. President Donald Trump will be accorded the biggest public reception given to any foreign leader in years during his visit to India beginning on Monday, officials say, one that
Morgan Stanley to get $375 million termination fee if E*Trade walks away from deal
[ad_1] People take photos by the Morgan Stanley building in Times Square in New York City, New York U.S., February 20, 2020. REUTERS/Brendan McDermid (Reuters) – Morgan Stanley will receive a $375 million breakup fee
Inside the Philip Morris campaign to ‘normalise’ a tobacco device
[ad_1] (Reuters) – At Germany’s Bambi Awards for the media industry in November, celebrities posed for red-carpet photos against a backdrop of established luxury brands. Alongside the likes of Mercedes-Benz and Swiss watchmaker Chopard was
China’s passenger car sales tumble 92% in first half of Feb. due to virus outbreak
[ad_1] BEIJING (Reuters) – Retail sales of passenger cars in China crumbled 92% on an annual basis in the first 16 days of February, according to China Passenger Car Association (CPCA), as the coronavirus outbreak
Coronavirus fears, U.S. business data drag down Wall Street
[ad_1] NEW YORK (Reuters) – U.S. stocks sold off and the Nasdaq had its worst daily percentage decline in about three weeks on Friday as a spike in new coronavirus cases and data showing a
Stocks slip as coronavirus fears spur safe-haven buying
[ad_1] NEW YORK (Reuters) – Global equity markets slumped on Friday as the fast-spreading coronavirus drove investors into safe havens, with gold hitting a fresh seven-year high and the yield on the 30-year U.S. Treasury
Federal prosecutors investigating whether Boeing pilot knowingly lied to FAA – NYT
[ad_1] FILE PHOTO: Grounded Boeing 737 MAX aircraft are seen parked in an aerial photo at Boeing Field in Seattle, Washington, U.S. July 1, 2019. REUTERS/Lindsey Wasson (Reuters) – Federal prosecutors investigating Boeing Co (BA.N)
Oil slides 1% on renewed fears over toll from coronavirus
[ad_1] BENGALURU (Reuters) – Oil prices fell about 1% on Friday on renewed concerns about crude demand being pinched by the economic impact of the coronavirus outbreak, while OPEC and allied producers appeared to be