[ad_1] SYDNEY (Reuters) – Asian shares managed a tentative rally on Tuesday as factory data from China held out the hope of a rebound in activity even as other countries across the globe all but
Pandemic to hit growth in Asia, China: World Bank
[ad_1] WASHINGTON (Reuters) – The coronavirus pandemic is expected to sharply slow growth in developing economies in East Asia and the Pacific as well as China, the World Bank said in an economic update on
Asia shares make cautious gains, investors eye China PMI
[ad_1] SYDNEY (Reuters) – Asian share markets managed a tentative rally on Tuesday after European and U.S. equities stabilised, though buying for month and quarter-end book balancing likely flattered the gains. FILE PHOTO: People wearing
Another plunge takes crude benchmarks to lowest levels since 2002
[ad_1] NEW YORK (Reuters) – Global oil benchmark Brent crude plunged to its cheapest level in almost 18 years on Monday and U.S. crude briefly tumbled below $20 a barrel as investors faced the growing
G20 ministers agree to keep markets open, tackle pandemic supply disruptions
[ad_1] RIYADH/WASHINGTON (Reuters) – Trade ministers from the Group of 20 major economies agreed on Monday to keep their markets open and ensure the continued flow of vital medical supplies, equipment and other essential goods
Ford, GE to produce 50,000 ventilators in 100 days
[ad_1] DETROIT (Reuters) – Ford Motor Co (F.N) said on Monday it will produce 50,000 ventilators over the next 100 days at a plant in Michigan in cooperation with General Electric’s (GE.N) healthcare unit, and
Free cooking gas for poor during lockdown set to push up India’s imports
[ad_1] NEW DELHI/SINGAPORE (Reuters) – India’s liquefied petroleum gas (LPG) imports are set to surge in the June quarter as a move to provide free cooking gas coincides with lower crude processing by refiners hit
Gold rises as coronavirus spreads, U.S. restrictions fuel safe-haven bids
[ad_1] (Reuters) – Gold prices inched up on Monday after an extension of restrictions in the United States exacerbated concerns about the economic toll of the coronavirus pandemic, driving investors to safe-haven assets. FILE PHOTO:
‘The watermelons will rot:’ U.S. visa confusion in Mexico keeps out agriculture workers
[ad_1] MONTERREY/CHICAGO (Reuters) – It’s watermelon season in Florida. But as the top U.S. watermelon-producing state prepares for harvest, many of the workers needed to collect the crop are stuck in Mexico, unable to secure
Lockdown set to stymie Fiat attempt to restart some Italian production
[ad_1] MILAN (Reuters) – A probable extension of Italy’s lockdown could frustrate an attempt by Fiat Chrysler to resume some vehicle production at three Italian plants next week, a union representative said on Monday. Italy