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Home » Business » Page 294

Wall Street advances at end of blistering week

03/20/2020

(Reuters) – Wall Street’s main stock indexes rose more than 1% on Friday, as dramatic intervention by U.S. policymakers halted the worst monthly selloff in […]

U.S. existing home sales surge to 13-year high in February

03/20/2020

WASHINGTON (Reuters) – U.S. home sales surged to a 13-year high in February, but the housing market recovery is likely to be derailed by the […]

Inditex considers 25,000 temporary layoffs in Spain

03/20/2020

MADRID (Reuters) – Inditex, the owner of Zara and Massimo Dutti, may temporarily lay off all 25,000 of its store staff in Spain if the […]

Steep capacity cut leaves airlines with overhedged jet fuel headache

03/20/2020

SYDNEY/SINGAPORE (Reuters) – The collapse in global passenger flights has left airlines with fresh challenges: how to manage overhedged jet fuel positions as oil prices […]

Factbox: What's left in the tank for the big three central banks?

03/20/2020

(Reuters) – The world’s top three central banks have deployed an array of weapons to fight the profound economic threat posed by the global coronavirus […]

British public unprepared for BoE rate cut: survey

03/20/2020

LONDON (Reuters) – Almost none of the British public surveyed by the Bank of England last month expected it would soon need to cut interest […]

U.S. power industry may ask key employees to live at work if coronavirus worsens

03/20/2020

WASHINGTON/NEW YORK (Reuters) – The U.S. electric industry may ask essential staff to live on site at power plants and control centers to keep operations […]

Asia shares rally after rout; U.S., European futures higher

03/20/2020

SYDNEY (Reuters) – Asian shares made a partial comeback from a global rout on Friday but still nursed massive losses for the week, while bonds […]

'Strings attached': Governments offer financial lifelines to airlines, at a price

03/20/2020

SYDNEY/WASHINGTON (Reuters) – Shattered airlines were left counting the cost of government support as politicians in the United States and New Zealand set out conditions […]

U.S. auto suppliers seek government aid to cope with coronavirus hit

03/20/2020

DETROIT/WASHINGTON (Reuters) – The trade group for U.S. auto parts makers on Thursday asked the government for emergency grants “to keep the doors open,” tariff […]

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