[ad_1] AMSTERDAM (Reuters) – Broad powers over U.S. factories brought in by President Donald Trump could fuel protectionism and jeopardise the supply of critical medical equipment to fight the coronavirus pandemic, Dutch health technology company
Boundless Fed bond-buying fuels stocks rebound, dollar recoils
[ad_1] LONDON (Reuters) – Financial markets rebounded on Tuesday, with stocks and oil jumping about 4% in Europe, while the safe-haven dollar recoiled as unprecedented global stimulus efforts gained traction. Although the U.S. Federal Reserve’s
Ford joins GE, 3M in speeding up ventilator, respirator production
[ad_1] (Reuters) – Carmaker Ford Motor Co on Tuesday jumped into the emergency push by major U.S. manufacturers to produce thousands of ventilators and respirators needed to help combat the spread of the coronavirus under
G7 finance officials say to maintain fiscal expansion as long as necessary to beat virus
[ad_1] WASHINGTON, March 24 (Reuters) – G7 finance ministers and central bank governors on Tuesday pledged to expand fiscal and monetary actions for as long as necessary to restore growth and confidence battered by the
Airlines hike estimate of virus revenue hit to $250 billion
[ad_1] People walk around terminal one at JFK airport after the Federal Aviation Administration (FAA) temporarily halted flights arriving at New York City airports due to coronavirus disease (COVID-19) in New York, U.S., March 21,
India to announce fiscal package to help economy face coronavirus – Sitharaman
[ad_1] India’s Finance Minister Nirmala Sitharaman attends a joint news conference with U.S. Treasury Secretary Steven Mnuchin in New Delhi, November 1, 2019. REUTERS/Adnan Abidi/Files (Reuters) – India’s government will soon announce a fiscal package
Bank of England says coronavirus tougher than banks’ stress test
[ad_1] LONDON (Reuters) – The shock from coronavirus to banks is set to be greater but less prolonged than lenders faced in last year’s stress test and the financial system remains resilient, the Bank of
Oil jumps 5% to over $28 on Fed steps to support economy
[ad_1] LONDON (Reuters) – Oil jumped 5% on Tuesday to above $28 a barrel, supported by steps by the U.S. Federal Reserve to bolster the economy and hopes the United States will soon reach a
With latest moves, Fed becomes creditor in chief for U.S. business
[ad_1] WASHINGTON (Reuters) – In undertaking what will undoubtedly be its largest rescue effort ever, the Federal Reserve on Monday announced programs that represent a never-before-seen intervention by the central bank into the heart of
Coronavirus shockwave rocks airplane manufacturers, suppliers
[ad_1] SYDNEY/MONTREAL (Reuters) – The pandemic is taking its toll on aerospace manufacturing, with Boeing Co saying it would halt production of most widebody jets and Airbus SE restarting only partial output after a four-day