[ad_1] BENGALURU (Reuters) – The Reserve Bank of India (RBI) slashed interest rates on Friday, following other central banks, in an emergency move to counter the economic fallout from a fast-spreading coronavirus. FILE PHOTO: A
[ad_1] The Reserve Bank of India (RBI) Governor Shaktikanta Das arrives to attend a news conference after a monetary policy review in Mumbai, December 5, 2019. REUTERS/Francis Mascarenhas/Files MUMBAI (Reuters) – The Reserve Bank of
[ad_1] BENGALURU (Reuters) – India’s already-slowing economy weakened to at least an eight-year low this quarter and will slow even more sharply in the next six months due to the global coronavirus pandemic, a Reuters
[ad_1] SINGAPORE (Reuters) – State investor Temasek Holdings and others will inject as much as S$19 billion ($13.27 billion) of liquidity into Singapore Airlines (SIA) in the single biggest rescue for an airline slammed by
[ad_1] NEW YORK (Reuters) – Oil prices dropped more than $1 a barrel on Thursday as a growing number of virus-related restrictions on travel slashed global fuel demand, overshadowing expectations that a $2 trillion U.S.
[ad_1] FILE PHOTO: An Embraer ERJ-190AR airplane of Azul Brazilian Airlines prepares to land at Santos Dumont airport in Rio de Janeiro, Brazil March 21, 2019. Picture taken March 21, 2019. REUTERS/Sergio Moraes/File Photo (Reuters)
[ad_1] FILE PHOTO: A Harley-Davidson Inc. logo is seen at the Paris auto show in Paris, France, October 4, 2018. REUTERS/Benoit Tessier/File Photo (Reuters) – Harley-Davidson Inc on Thursday withdrew its financial forecasts as the
[ad_1] FRANKFURT (Reuters) – Deutsche Bank is for the first time considering asking its German staff to cut their hours and take government money instead as it tries to navigate the coronavirus crisis. FILE PHOTO:
[ad_1] FRANKFURT (Reuters) – The European Central Bank has ditched a cap on how many bonds it can buy from any single euro zone country, clearing the way for potentially unlimited money-printing as it scales
[ad_1] LONDON (Reuters) – Tata Steel Europe and Liberty Steel have joined other European steel groups in cutting production after automakers and other firms slashed output due to the coronavirus outbreak. FILE PHOTO: A road
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