[ad_1] (Reuters) – OneWeb, the satellite operator backed by Japan’s SoftBank Group Corp (9984.T), said it has filed for Chapter 11 bankruptcy to pursue a sale of its business and has cut its workforce amid
[ad_1] FRANKFURT (Reuters) – Robert Bosch on Thursday said it has developed a diagnostic tool for detecting the coronavirus SARS-CoV-2 in under three hours, potentially aiding the challenge of understanding how far the virus has
[ad_1] (Reuters) – A raft of programs from the U.S. central bank and a $2 trillion rescue bill nearing approval in Congress are aimed at providing relief during a “self-mandated” recession “so that when the
[ad_1] WASHINGTON (Reuters) – The coronavirus has already plunged the global economy into recession, IMF Managing Director Kristalina Georgieva said on Friday, adding immense pressure on emerging markets suffering from lost commerce, reduced exports and
[ad_1] (Reuters) – Diversified miner Vedanta Ltd said on Friday Chief Executive Officer S Venkatakrishnan has resigned due to personal reasons, less than two years after he took the helm. Sunil Duggal, current head of
[ad_1] FILE PHOTO: H&M logo is seen on a shop in Riga, Latvia January 30, 2020. REUTERS/Ints Kalnins/File Photo STOCKHOLM (Reuters) – Sweden’s H&M, the world’s second-biggest fashion retailer, said on Friday it had started
[ad_1] FILE PHOTO: A man walks past a Toyota logo at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su/File Photo (Reuters) – Toyota Motor Corp’s North American unit said on Friday
[ad_1] NEW DELHI (Reuters) – India’s top refiners Indian Oil Corp and Mangalore Refinery and Petrochemicals Ltd have declared force majeure as local fuel demand is hit due to a nationwide lockdown to stem the
[ad_1] WASHINGTON (Reuters) – U.S. consumer sentiment dropped to near a 3-1/2-year low in March as the coronavirus epidemic upended life for Americans, and consumer spending was sluggish in February, strengthening economists’ expectations of a
[ad_1] FILE PHOTO: An oil tanker is seen at sunset anchored off the Fos-Lavera oil hub near Marseille, France, October 5, 2017. REUTERS/Jean-Paul Pelissier – RC1C7DAED6A0/File Photo LONDON (Reuters) – Traders have chartered at least
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