[ad_1] White House Legislative Affairs Director Eric Ueland and U.S. Secretary of the Treasury Steven Mnuchin walk from a meeting during negotiations on a coronavirus disease (COVID-19) relief package on Capitol in Washington, U.S., March
Surveys show coronavirus pandemic savaging global economy
[ad_1] HONG KONG (Reuters) – Evidence of the devastation wreaked on the global economy by the coronavirus pandemic mounted on Tuesday as activity surveys for March from Australia and Japan showed record falls, with surveys
Indian shares rise after historic rout as Fed lifts sentiment
[ad_1] FILE PHOTO: People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, March 9, 2020. REUTERS/Francis Mascarenhas/File photo BENGALURU (Reuters) – Indian shares eked out gains on Tuesday after their worst one-day
House Democrats would give airlines, contractors $40 billion bailout
[ad_1] CHICAGO/WASHINGTON (Reuters) – Democratic U.S. lawmakers on Monday proposed giving struggling U.S. airlines and contractors $40 billion in cash grants that would not have to be paid back but require significant new environmental, labor
Gold rises over 1% as U.S. Fed ramps up support measures
[ad_1] (Reuters) – Gold prices rose on Tuesday, following a near 4% jump in the previous session after the U.S. Federal Reserve announced unprecedented measures to support an economy which is reeling from the coronavirus
Toyota, NTT to invest in each other in smart city tie-up – NHK
[ad_1] FILE PHOTO: Toyota logo is seen in Tokyo Motor Show in Tokyo, Japan October 24, 2019. REUTERS/Soe Zeya Tun TOKYO (Reuters) – Toyota Motor Corp (7203.T) and Nippon Telegraph and Telephone Corp (9432.T) will
Crude oil futures rise, but support seen weak
[ad_1] FILE PHOTO: An oil tanker is being loaded at Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah MELBOURNE (Reuters) – U.S. crude oil futures climbed
Historic Fed boost fails to stop Wall Street’s virus-driven sell-off
[ad_1] (Reuters) – Wall Street’s slide deepened on Monday as the rapidly spreading coronavirus forced more U.S. states into lockdown, overshadowing unprecedented moves by the U.S. Federal Reserve to shore up credit across the economy.
G20 says developing action plan to deal with global pandemic
[ad_1] WASHINGTON/RIYADH (Reuters) – Finance ministers and central bankers from the world’s 20 largest economies agreed on Monday to develop an “action plan” to respond to a coronavirus pandemic that the IMF now expects to
Uber appoints former Mattel CEO Robert Eckert to board
[ad_1] A screen displays the company logo for Uber Technologies Inc. on the day of it’s IPO at the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2019. REUTERS/Brendan McDermid (Reuters) –