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China's factory activity seen recovering in March, but still in contraction after virus shock BEIJING (Reuters) - Activity in China's vast manufacturing sector likely remained in contraction in March, though it was set to stabilize slightly from the coronavirus-led collapse that virtually paralyzed the world's second-biggest economy. FILE PHOTO: A textile ...
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ABB warns on profit after hit from coronavirus, low oil prices ZURICH (Reuters) - Swiss engineering group ABB (ABBN.S) said on Monday profits of all its businesses would suffer in the first quarter because of the fallout from the coronavirus and due to plunging oil prices. FILE PHOTO: The logo of Swiss power ...
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PRECIOUS-Gold falls as investors opt for cash amid deepening virus fears (Updates prices) * Asian stock markets: tmsnrt.rs/2zpUAr4 * Global coronavirus death toll nearly 34,000 * Graphic - Coronavirus unknowns: reut.rs/2UHIgvz By Asha Sistla March 30 (Reuters) - Gold prices fell on Monday as a flight to cash to cover losses in ...
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ANALYSIS-US stimulus package is biggest ever, but may not be big enough By Lawrence Delevingne and Howard Schneider. BOSTON/WASHINGTON, March 30 (Reuters) - The Federal Reserve has offered more than $3 trillion in loans and asset purchases in recent weeks to stop the U.S. financial system from seizing up, but it has ...
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EasyJet grounds entire fleet as coronavirus pushes airlines to brink LONDON (Reuters) - British low cost airline easyJet (EZJ.L) said it had grounded its entire fleet of over 330 aircraft and had no visibility on when it could restart flights, highlighting the heavy strain on airlines trying to survive to fly again after coronavirus.
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Tegna Confirms Two Acquisition Offers Withdrawn Amid Coronavirus Upheaval Tegna confirmed Sunday that two suitors for the station group have recently withdrawn acquisition offers, citing the upheaval in the broader marketplace caused by the coronavirus crisis. Tegna's statement is the company's first acknowledgement that it has ...
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Sanofi, Regeneron expand testing of potential coronavirus treatment (Reuters) - Sanofi and Regeneron Pharmaceuticals Inc have expanded a clinical trial of their rheumatoid arthritis drug Kevzara as a coronavirus treatment to patients outside the United States. The companies said enrolments for the mid-to-late stage trial of ...
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UPDATE 1-China's LPG futures drop about 9% at open on trading debut (Updates with background, analyst comment). SHANGHAI, March 30 (Reuters) - China's liquefied petroleum gas (LPG) futures contract for November delivery made its trading debut on the Dalian Commodity Exchange on Monday, falling about 9% in early ...
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Anglo American cancels rough-diamond sales event due to coronavirus lockdowns (Reuters) - Anglo American said on Monday its diamond unit De Beers Group will not hold its third sales event because of lockdowns in Botswana, South Africa and India, to contain the fast-spreading coronavirus pandemic. The third sales cycle was ...
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AstraZeneca: FDA Approves Imfinzi, Farxiga DAPA-CKD Trial To Be Stopped Early (RTTNews) - AstraZeneca plc (AZN.L, AZN) announced Monday that the U.S. Food and Drug Administration has approved Imfinzi (durvalumab) as a 1st-line treatment for adult patients with extensive-stage small cell lung cancer or ES-SCLC. Separately, the ...
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This is what it's like to deliver food during a pandemic With restaurants' dining rooms closed, conventional wisdom would suggest that more people are ordering in. And that means better business for app-based food delivery drivers and bike couriers, right? Wrong, says Justin Zemlyansky, a bike courier who has ...
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Trump uses wartime act but GM says it's already moving fast DETROIT (AP) — Eleven days ago, General Motors put hundreds of workers on an urgent project to build breathing machines as hospitals and governors pleaded for more in response to the coronavirus pandemic. But President Donald Trump, claiming the ...
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UK Public Sector Contractor Kier Cuts Pay for 6500 Employees (Reuters) - British contractor Kier Group will cut wages for about 6,500 employees, including executives and board members, by between 7.5% and 25% for the three months beginning April, it said on Monday. The builder, which works mostly for government, ...
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Stock futures trade lower as coronavirus social distancing guidelines extended to April 30 Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below. U.S. stock futures gave up earlier gains overnight, after opening lower on Sunday evening as efforts to contain the coronavirus remain a ...
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Schwan's home delivery orders rising, company official says MARSHALL — The Marshall-based Schwan's company has seen the demand for its Home Delivery Service of frozen foods continue to rise in recent weeks as more and more people elect to do their grocery shopping from home during the COVID-19 ...
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Detroit auto show canceled as venue preps to become COVID-19 field hospital Another day, another event cancelation, this time the North American International Auto Show (NAIAS) in Detroit, Michigan. A major event on the auto industry's calendar, the Detroit Auto Show, as it's popularly known, was set to go ahead in June, but ...
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Changes to Powerball starting after Jackpot CHICAGO, IL -- Nationwide changes to the Powerball game have been announced this week by the Multi-State Lottery Association, the group that operates Powerball. These changes are meant to ensure the game continues to support good causes in all 48 ...
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Sensex crashes 1000 points: What's driving D-Street lower today It was manic Monday as the stock market bears ran riot with coronavirus cases rising in India and abroad, taking lives and forcing businesses to shut down. Along with that a ceaseless dumping of stocks by the foreign investors is also weighing on investor ...
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A photographic look at Mesa Natural Gas Mesa Natural Gas Solutions LLC, a power solutions provider, is taking full advantage of the glut in natural gas. The Wyoming-based company helps oil and gas operators make use of the abundant, inexpensive resource. Instead of using costly diesel to power ...
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Deposit rates seen lower as banks swim in liquidity with little to lend MUMBAI : Flushed with liquidity and faced with limited lending opportunities amidst a falling interest rate cycle, banks will be forced to slash deposit rates to protect profitability, experts believe. India's largest public sector lender -- State Bank of India (SBI) ...
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Governments face further downside risk The coronavirus (Covid-19) outbreak, which has been declared a pandemic, has resulted in considerable economic disruption and human suffering. The virus impact has raised global recession risk in 2020 for the first time since the Global Financial Crisis of ...
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Coronavirus: Grocer uses robots to delivery grocery orders amid COVID-19 pandemic WASHINGTON D.C. -- A market outside of Washington, D.C is experimenting with using robots to deliver groceries amid the COVID-19 pandemic. The Broad Branch Market, in Chevy Chase, said service remains a top priority. "It's a big responsibility, we feel ...
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G10 FX Week Ahead: With a little help from my friends While monetary and fiscal policy have moved in tandem in the US, coordinated fiscal measures (coronabonds) have still not found enough 'friends' within the EU. Meanwhile, the USD funding concerns may ease further this week, fuelling more USD weakness ...
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Mortgage Bankers Ask SEC to Save Them From Wave of Margin Calls (Bloomberg) -- Mortgage bankers are sounding alarms that the Federal Reserve's emergency purchases of bonds tied to home loans are unintentionally putting their industry at risk by triggering a flood of margin calls on hedges lenders have entered into to ...
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Food group plea to help feed the nation A food group with its headquarters in Birmingham has issued a plea to find new workers to step up production for supermarkets and help feed the nation. Subscribe to our daily newsletter. Sign Up. The Two Sisters factory on the corner of Lincoln Street and ...
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Four cases of COVID-19 now confirmed by Jasper Co. Health Dept., five total in county JASPER COUNTY, Mo. (KSN) – The Jasper County Health Department confirms its 3rd and 4th cases of COVID-19 in the county. The third case came into contact with a positive case. The fourth case is a person from northwestern Jasper county in their 70's.
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McDonald's and other brands are making 'social distancing' logos Published Mar 30, 2020 9:25:01 AM. AddThis Sharing Buttons. Share to Facebook Share to Twitter Share to Print Share to Email Share to More. enablePagination: false maxItemsPerPage: 10 totalITemsFound: maxPaginationLinks: 10 maxPossiblePages:
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Malaysian palm oil price climbs on stronger rival oils, weaker ringgit KUALA LUMPUR: Malaysian palm oil futures rose on Monday, tracking higher edible oil prices and a weaker ringgit, but demand concerns capped gains as top buyer India has imposed a national lockdown due to the coronavirus pandemic. The benchmark ...
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USFDA nod for Sun Pharma Halol plant products may be put on hold USFDA approvals for products manufactured at Sun Pharmaceutical Industries' Halol plant in Gujarat may be put on hold after the regulator placed it under 'official action indicated', the company informed the stock exchanges on Sunday. With this, a risk of the ...
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