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US crude dips below $20 as lockdowns demise demand LONDON (Reuters) - Oil prices fell sharply on Monday, with U.S. crude briefly dropping below $20 and Brent hitting its lowest level in 18 years, on heightened fears that the global coronavirus shutdown could last months and demand for fuel could decline ...
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Dollar snaps losing streak as jittery investors stick with safety The dollar snapped a week of declines on Monday, rising against major currencies and riskier emerging markets as investors braced for a prolonged period of uncertainty while governments tightened lockdowns to fight the coronavirus. China's offshore yuan ...
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Costco Cuts Hours And Makes Changes In Response To The Coronavirus Crisis Big news at Costco. The company is reducing store hours during this coronavirus crisis. It has been frantic at Costco warehouses. Some have described it as "panic buying" while others call it "hoarding" as shoppers swarmed around Costco's limited, ...
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PRECIOUS-Gold gains as virus-led growth fears spur safety buying (Updates throughout, adds comments) * S.Africa's three-week shutdown hits platinum output * Global coronavirus death toll nearly 34,000 * Graphic - Coronavirus unknowns: reut.rs/2UHIgvz By Brijesh Patel March 30 (Reuters) - Gold prices edged higher on ...
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As EasyJet Grounds Fleet, Founder Threatens Board Demanding Airbus Order Cancellation Updated 6:01 with comment from Airbus. As if managing the fall-out from coronavirus-related travel restrictions in Europe and grounding its entire fleet was not enough, low-cost airline easyJet is reported to be embroiled in a dispute with its founder, Sir Stelios ...
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Trump uses wartime act but GM says it's already moving fast DETROIT (AP) — Twelve 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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Stocks Slip, US Futures Fluctuate; Dollar Jumps: Markets Wrap Stocks slipped on Monday and U.S. equity futures fluctuated as investors weighed a weekend full of negative coronavirus news against the stimulus measures that triggered a bounce in risk assets last week. The dollar rebounded with Treasuries, while oil ...
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AstraZeneca scores win as diabetes drug shown to slow kidney disease (Reuters) - AstraZeneca's diabetes treatment Farxiga has proven to be "overwhelmingly" effective at slowing chronic kidney disease ahead of the scheduled end of a drug trial, the British drugmaker said, potentially opening a new area of treatment outside ...
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Apple supplier Foxconn's profit, revenue fall BEIJING -- Foxconn Technology Group's net profit fell 23.7% in the fourth quarter before the coronavirus pandemic struck the world's biggest contract electronics assembler and its largest customer, Apple Inc. Taiwan-based Foxconn's net profit for the fourth ...
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Asian Shares Extend Losses as Toll From Pandemic Surges BANGKOK (AP) — Asian markets started the week with fresh losses as countries reported surging numbers of infections from the coronavirus that has prompted shutdowns of travel and business in many parts of the world. Japan's benchmark fell nearly 3% ...
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UPDATE 1-China's Meituan Dianping forecasts Q1 operating loss due to coronavirus impact (Adds details from statement). By Yingzhi Yang and Brenda Goh. BEIJING, March 30 (Reuters) - Chinese food delivery giant Meituan Dianping said it expected to post a loss for the March quarter as revenue shrinks due to a drop in orders, after restaurants ...
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Carnival's Cunard Extends Suspension of Cruises to May 15 (Reuters) - Carnival Corp's luxury cruise ships operator Cunard said on Monday it would extend the suspension of all voyages by a month to May 15 due to the coronavirus pandemic. Carnival, also the operator of two coronavirus-stricken Princess cruises, ...
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LVMH Q1 Revenue To Decline 10%-20% - Quick Facts (RTTNews) - LVMH (LVMHF.PK, LVMUY.PK) said it can be reasonably expected that the first quarter consolidated revenue will decrease in a range between 10 and 20% from same period last year. The Group will publish its consolidated revenue for the first ...
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Amid coronavirus outbreak, here are ways to clean and disinfect around the house "Even if this were a normal year, these would still good things to do," said Catherine Roberts, associate editor for health at Consumer Reports. Spring-cleaning has taken on a whole new urgency in the wake of the current health crisis. And this spring, many ...
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La-Z-Boy announces COVID-19 plan: 6800 employees to be furloughed Michigan-based furniture company La-Z-Boy announced Sunday a COVID-19 "action plan" that includes the furlough of about 6,800 employees. That's about 70% of its global workforce, according to La-Z-Boy. La-Z-Boy says the temporary closure of all ...
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Publix store undergoes deep cleaning after employee tests positive for coronavirus MIAMI-DADE COUNTY, Fla. – A Publix store in Miami-Dade County recently underwent a deep cleaning after an employee tested positive for the new coronavirus, a spokeswoman for Publix Super Markets confirmed Monday. According to the spokeswoman, ...
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Should You Buy Norwegian Cruise Line Stock? Like its rivals, Royal Caribbean (NYSE:RCL) and Carnival (NYSE:CCL), Norwegian Cruise Line (NYSE:NCLH) has seen its business completely halted in the wake of efforts to stem the worldwide coronavirus pandemic. The cruise line finished its last cruise ...
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AAA: Gas prices continue to fall GRAND RAPIDS, Mich. — Gas prices in Michigan dropped 13 cents compared to a week ago. Michigan drivers are now paying an average of $1.73 per gallon for regular unleaded, which is the lowest price seen since February of 2016. This price is 65 cents ...
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Manic Monday! Sensex tumbles 1375 points, Rs 2.85 lakh crore wiped off MUMBAI: Benchmark indices Sensex and Nifty started the week with a fresh slide as rapidly-spreading coronavirus continued to disrupt lives and businesses across the globe, making investors worry about the economic of the pandemic. The 30-share Sensex ...
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How Fenimore is pivoting its investment approach in the time of coronavirus "Someone asked us if we're buying grocery stores and paper goods, companies that are doing well in the next couple of weeks," recalled Fenimore CEO John Fox. "We said no. I'm thinking two years out." ...
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Taco Bell giving out free tacos on Tuesday (CNN) – Taco Bell is offering a free Doritos Locos taco to everyone in America. On Tuesday, drive-thru guests will receive a free beef nacho cheese Doritos Loco taco. There is no purchase necessary. Taco Bell's CEO says it is a way to thank everyone for ...
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Jefferies Group CFO Dies of Covid-19 Complications The chief financial officer of Jefferies Group (JEF) - Get Report, Peregrine "Peg" Broadbent, 56, died from coronavirus complications, the financial services company said Sunday in a statement. Broadbent served in his role for more than a decade at the ...
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SoftBank Drops 10% After OneWeb Files For Bankruptcy Protection SoftBank Group Corp. fell as much as 10% after a satellite operator it invested in filed for bankruptcy, ceding some gains from an unprecedented plan to sell assets and buy back shares. OneWeb made the filing late Friday U.S. time after raising about $3.3 ...
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President Trump says Cigna, Humana will waive patient payments for coronavirus treatment WASHINGTON — President Donald Trump says two health insurers are waiving patient payments for coronavirus treatment. Both Cigna and Humana won't require many of their customers to make copayments or other forms of cost sharing for COVID-19 care.
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Coronavirus: FTSE 100 falls as oil prices plummet The FTSE 100 fell this morning after the coronavirus situation worsened in the UK over the weekend and oil prices tumbled to an 18-year low. Britain's FTSE 100 index fell 2.2 per cent in early trading to 5,387 points. It had fallen 5.3 per cent on Friday after ...
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Australia pension industry will face scrutiny if withdrawals can't be paid SYDNEY: Australian pension funds unable to return part of their A$3 trillion savings to unemployed workers and to those in financial distress should expect to have their risk-management frameworks scrutinised by the regulator, a government official said.
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Rupee falls sharply against US dollar, past 75.50 per USD Indian rupee weakened today against the US dollar, tracking a selloff in domestic equity markets. A broadly stronger US dollar also weighed on the rupee. After opening at 74.85, the fell to 75.56 at day's low against the USD. In comparison, the rupee had ...
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Kier cutting salaries by up to 25% as coronavirus mothballs housing sale Firm to leave historic headquarters earlier than planned. Kier has said it is cutting salaries by up to a quarter and admitted that the process to sell its housebuilding arm has been put on hold. The firm employs 18,000 people and in a trading update this ...
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Help us help restaurant owners during restaurant Takeout Week I spent the past four hours scouring the web, looking for the Twitter handles of as many restaurants in our area — from Gainesville to Fredericksburg — that I could find. Kiser. Starting tomorrow in Virginia, it's Restaurant Takeout Week, a chance for residents to ...
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Microsoft Files Patent Application for Crypto Mining System Powered by Human Activity Microsoft has proposed a system that can mine cryptocurrencies using data collected from humans as they exercise or read an advertisement. In a patent application filed with the World Intellectual Property Organization (WIPO) Thursday, the American ...
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Coronavirus: Uber offers NHS staff 200000 free trips and 100000 free meals Uber (UBER) has just announced that it is giving 200,000 free rides as well as 100,000 free meals through Uber Eats for National Health Service (NHS) and Health and Social Care (HSC) staff. The ride-hailing giant said in a statement that it will provide ...
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FAR's West African assets under stress from oil price rout London — Australia-based explorer FAR Limited's operations in Senegal and the Gambia have been adversely impacted due to the coronavirus pandemic and the "precipitous fall" in oil prices, it said Monday.
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Perseus extends Edikan mining six years after incorporating $31m Esuajah South project PERSEUS Mining said its Edikan mine in Ghana would produce an average of 212,000 ounces of gold a year from July for about 6.2 years in terms of its new mining plan which includes reserves from a $31m project, the Esuajah South underground mine.
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Edwards SAPIEN 3 Valve Shows Excellent Results At 2 Years IRVINE, Calif., March 29, 2020 /PRNewswire/ -- Edwards Lifesciences Corporation (NYSE: EW), the global leader in patient-focused innovations for structural heart disease and critical care monitoring, today announced 2-year results of the randomized ...
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McDonald's and other brands are making 'social distancing' logos McDonald's, Coca-Cola, Audi and Volkswagen are just a few of the corporate conglomerates that are interpreting "social distancing" with logo redesigns. The term has become popular recently because of the spread of the novel coronavirus. Social distancing ...
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Japan Ruling Party Calls for 20 Trillion Yen Direct Spending in Stimulus Package TOKYO — Japan's ruling Liberal Democratic Party (LD) on Monday called for direct spending of 20 trillion yen ($185.6 billion) as part of a stimulus package to support the economy amid the coronavirus outbreak. The LDP proposed a package of measures ...
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70-year-old Jasper man is county's first positive case of coronavirus JASPER, Texas — Officials in Jasper County on March 29 reported the first positive test results for the coronavirus in the county. The 70-year-old man is in a Golden Triangle hospital. According to a Facebook post from Jasper-Newton-Sabine Counties ...
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Costco's Incredible Gesture To It's Employees After One Of Their Busiest Months Ever Thousands of Costco workers are set to receive one extra $750 bonus payment for their hardworking during the coronavirus pandemic. The pledge has been confirmed by retail union SDA and the bonus will be made to approximately 4000 workers.
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County's solid waste department limiting drop off to household trash, recycling Due to the impacts of COVID-19 in Williamson County, Williamson County Solid Waste will only accept household trash and recycling commodities until further notice. The operational changes are in an effort to prioritize household waste and recycling amidst ...
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