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UPDATE 1-Euro zone banks ditch dividends to build coronavirus war chest ... * ECB tells banks to curb payouts and back economy. * Dutch, Irish banks, Italy's UniCredit hold off payouts. * Switzerland's UBS brushes off pressure not to pay (Adds French banks, UK Finance statement on UK banks). By John Miller and Sinead Cruise.
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Dollar, yen up as investors seek shelter amid pandemic crisis SINGAPORE (Reuters) - The dollar snapped a week of declines and the safe-haven yen rose on Monday, as coronavirus lockdowns tightened across the world and investors braced for a prolonged period of uncertainty. FILE PHOTO: One hundred dollar ...
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Amazon, Instacart Grocery Delivery Workers Strike For Coronavirus Protection And Pay Amazon warehouse workers in Staten Island and Instacart's grocery delivery workers nationwide plan to walk off their jobs on Monday. They are demanding stepped-up protection and pay as they continue to work while much of the country is asked to isolate ...
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PRECIOUS-Gold gains as virus-led growth fears spur safe-haven buying (Updates Prices) * S.Africa's three-week shutdown hits platinum output * Global coronavirus death toll close to 34,000 * Graphic - Coronavirus unknowns: reut.rs/2UHIgvz By Brijesh Patel March 30 (Reuters) - Gold prices rose on Monday as investors sought ...
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GRAINS-Wheat, soybeans hold firm as coronavirus raises supply risks ... * Russian export quota plan supports wheat prices. * Oilseed market weighs risk of S. America, Malaysia supply snags. * Corn curbed by oil rout, focus turns to USDA data (Updates with European trading, changes byline/dateline). By Gus Trompiz and ...
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Best & Worst ETF Areas of March The month of March was all about the rapid spread of coronavirus, lockdowns in various corners of the world, Wall Street's skidding into the bear territory, the Fed's announcement of zero rates as well as unlimited QE, $2-trillion U.S. stimulus, massive policy ...
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Former General Mills Exec Joins The Battle Of Saving Flattened US Cereal Sales The recent decline of cereal consumption in the U.S. has taken a toll on several major manufacturers' sales, forcing these companies to either look for additional revenues in other high-growth categories such as snacks or frozen food, or charge a premium for ...
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German inflation slows below ECB target in March on cheaper oil BERLIN (Reuters) - German annual inflation slowed sharply in March to well below the European Central Bank's target, data showed on Monday, giving the ECB additional leeway to deploy stimulus policy to counter the economic fallout from the coronavirus ...
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London health workers to receive free e-bike loaners to avoid public transport Key National Health Service (NHS) workers in London are being offered a three-month e-bike loan to help them commute to work while social distancing. There are currently 20 Gocycle GS loaner e-bikes available, with more brands like Raleigh soon to join.
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Tested: 2020 Genesis G90 Would Like Your Attention You'll get used to the grille of the Genesis G90. That's our prediction in this, the era of Peak Grille, when the looming prospect of homogeneous, bullet-prowed EVs seems to have precipitated a run on egg crates and mesh. Everywhere you look, grilles are ...
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Cruise Operators Scramble to Preserve Cash as Federal Aid Is Uncertain The cruise industry is scrambling to stay afloat during what increasingly looks like an extended coronavirus-driven freeze on voyages, but a hoped-for lifeline so far hasn't been extended. While President Trump hasn't shut the door on these companies ...
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Hexo loss widens in latest quarter, books impairment charges and goodwill writedowns Hexo Corp. HEXO, +4.80% HEXO, +4.08% said Monday it had a net loss of C$298.2 million ($210.8 million) in its fiscal second quarter to Jan. 31, far wider than the loss of C$4.3 million posted in the year-earlier period. The Ottawa-based Canadian cannabis ...
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Regeneron and Sanofi Treat First Person Outside US in Coronavirus-Drug Trial Regeneron (REGN) - Get Report and Sanofi (SNY) - Get Report said they'd treated the first patient outside the U.S. in a trial, within a global clinical program, of a drug designed to treat patients hospitalized with severe Covid-19. The companies are evaluating ...
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Yum Brands CEO to forgo 2020 salary to fund general manager bonuses Yum Brands CEO Mark King is forgoing the rest of his base salary in 2020. His salary will instead fund one-time $1,000 bonuses to the company's nearly 1,200 general managers and an employee medical relief fund. King stood to make $900,000 from his ...
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Oil Plunges to 2002 Lows, Shares Sink Again LONDON — Oil took another stomach-churning 8% dive on Monday and world shares buckled again as fears mounted that the global coronavirus shutdown could last for months. There were some bright spots, with Australian equities posting a standout jump ...
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J&J, BARDA commit $1B to COVID-19 vaccine R&D Johnson & Johnson and the U.S. Biomedical Advanced Research and Development Authority also stepped up funding of COVID-19 antiviral R&D. (Raysonho/CC0). Share Facebook Twitter LinkedIn Email Print. Johnson & Johnson has joined with a U.S. ...
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Barclays Plans Climate Finance Resolution Amid Activist Pressure Barclays Plc said it plans to cut its net greenhouse gas emissions to zero over the next 30 years and only provide finance to projects that align with the temperature reduction goals of the Paris climate accord. The London-based bank will put the proposal to go ...
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Mortgage Outlook: Fed Intends to Calm Rates In March, the trajectory of mortgage rates humbled forecasters. Mortgage rates fell in late February as the COVID-19 pandemic spread. The forecast for March seemed logical: Mortgage rates would continue falling if the epidemic worsened in the United States ...
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CytoDyn Issues Update On Treatment With Leronlimab Under FDA's IND Program (RTTNews) - CytoDyn Inc. (CYDY.OB) said, with three additional critically ill patients, a total of ten COVID-19 patients are receiving leronlimab treatment under an Emergency Investigational New Drug, granted by the U.S. FDA. The results of the three ...
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'Taco Tuesday': Taco Bell plans to feed America this Tuesday (KLFY) Taco Bell announced Sunday that it wants to give back to Americans amid the coronavirus pandemic with a free Doritos Locos Taco. Mark King, CEO of Taco Bell Corp., announced in a letter that on Tuesday, Taco Bell drive-thru guests across America ...
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Cigna and Humana Waive Covid-19 Copay Costs Shares of health insurance giants Cigna (CI) - Get Report and Humana (HUM) - Get Report were flat on Monday after both companies announced they were are waiving copayments and customer cost-sharing for all treatments related to coronavirus Covid-19.
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Alliance Resource Partners, LP Withdraws 2020 Operating, Financial Outlook (RTTNews) - Alliance Resource Partners, L.P. (ARLP) said the company is withdrawing its initial 2020 operating and financial guidance provided on January 27, 2020 which did not reflect the impact of the COVID-19. The Board of ARLP's general partner has ...
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FOCUS-From quills to qwerty: Lloyd's underwriters adapt to home working By Carolyn Cohn, Noor Zainab Hussain and Jonathan Saul. LONDON, March 27 (Reuters) - Thousands of London's underwriters took their stamps and fountain pens home last week, which they use to sign insurance contracts, but they won't need them.
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UPDATE 1-Vietnam PM asks major cities to prepare for lockdown to stop virus (Adds quote and background). HANOI, March 30 (Reuters) - Vietnam's prime minister on Monday asked major cities to prepare for possible lockdowns to stop the spread of coronavirus as the number of confirmed cases in the Southeast Asian country reached ...
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Ripple (XRP) Turned 'Sell' On Rallies: Key Resistance Levels To Watch Ripple is down close to 5% and it broke the key $0.1680 support zone against the US Dollar. XRP price is currently correcting higher, but it is likely to face hurdles near $0.1700. Ripple price declined below the $0.1720 and $0.680 support levels against the ...
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Ulta Beauty shutters all stores until further notice, gives distribution center workers a $2-per-hour pay bump Ulta Beauty Inc. ULTA, -7.61% said Monday that it will close all of its stores until further notice. Store and salon associates will be paid until mid-April and continue to receive the benefits for which they are enrolled. Ulta's e-commerce business will remain ...
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Coronavirus: Krispy Kreme is giving free dozen doughnuts to health care workers It's a sweet deal for health care workers battling to contain the coronavirus. >> Coronavirus checklist: 100-plus disinfectants that may kill coronavirus on surfaces. Krispy Kreme announced in a news release that beginning Monday, it will give away a dozen of ...
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Futures Creep Higher as US Heads for Longer Shutdown (Reuters) - U.S. stock markets inched higher on Monday as President Donald Trump followed last week's passage of $2 trillion in stimulus by extending his stay-at-home guidelines until the end of April, leaving investors again guessing at the growing ...
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Dollar General offering discounts to medical personnel and first-responders GOODLETTSVILLE, Tenn. (WIBW) -- Dollar General is offering a 10 percent discount to all medical personnel, first responders and activated National Guardsmen. The offer starts Monday and continues through April 30 at more than 16,300 Dollar General ...
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HCL Technologies COVID-19 Status Update NOIDA, India--(BUSINESS WIRE)--Mar 30, 2020--. HCL Technologies Ltd (HCL) has been monitoring the Covid-19 outbreak since late January and had invoked its Business Continuity Plan and Risk Management Framework quite early to minimize the ...
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3 DFW small business CEOs on how they're getting through COVID-19 Travis Hollman, Mahisha Dellinger and Tony Fonk discuss what their companies are doing to respond during the COVID-19 pandemic. Jake Dean. By Evan Hoopfer – Staff Writer, Dallas Business Journal. Mar 30, 2020, 7:32am CDT. The COVID-19 outbreak ...
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Airbnb suspends marketing, cuts executive pay in half Airbnb has suspended all of its marketing in an attempt to save $800 million this year. Its founders will also not take any salary for the next six months, and top executives will take a 50 percent pay cut, according to Reuters. The company has paused hiring as ...
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Coronavirus economy: Recession or depression? Many economists have come around to the view that coronavirus disruptions will trigger a global recession. by Patricia Sabga • Short Answer. 12 hours ago. whatsapp. An unemployed man in an old coat is seen lying down on a pier in the New York City docks ...
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Man fined £500 for refusing to stay inside after telling police: 'I can do what I want' A man has been ordered to pay a £500 fine after he refused to obey the coronavirus lockdown restrictions, telling officers: 'I can do what I want'. Steven Mackie, 53, was first stopped by police for approaching people in the queue outside a Tesco store in ...
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Tesla Owners In New York Want To Help Tesla Employees Who Are Making Ventilators March 29th, 2020 by Johnna Crider. Inspired by Elon Musk and others who are trying to help during the coronavirus pandemic, a group of Tesla owners in New York are raising funds to buy donuts and coffee to bring (safely, of course) to Tesla employees ...
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New Opera for Android release makes browsing easier even when networks are congested OSLO, Norway, March 30, 2020 (GLOBE NEWSWIRE) -- Opera (NASDAQ: OPRA) is announcing new improvements to its flagship Android browser (Opera for Android) which, along with existing features such as the built-in ad blocker, provide people with ...
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FCA denies adviser authorisation over compliance concerns An adviser who was in the past banned from functions of influence by the regulator has had his application to set up a new advice firm denied by Financial Conduct Authority. A final notice published on the watchdog's website last week (March 27) shows it ...
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Come By Chance refinery stopping production due to COVID-19 The North Atlantic refinery in Come By Chance is the latest major industrial site in Newfoundland and Labrador to ramp down production in the name of safety. The decision was made Sunday to stop refining new products and instead shift the refinery into ...
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Loganair To Reach Out For Government Support UK regional airline Loganair is reported to be on the verge of reaching out for government support as the slump in travel demand eats into its available cash. The carrier is reducing services from today for at least a month to just a 'skeleton schedule', but has ...
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How to protect yourself from cyberattacks when working from home during COVID-19 As many companies adopt work-from-home policies in response to the COVID-19 pandemic, cybersecurity is a growing issue. Cybercriminals are seeking to exploit coronavirus to target companies and individuals. Here's how businesses and employees can ...
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SoftBank shares sag after satellite investment collapses TOKYO -- SoftBank Group's share price rally ended abruptly on Monday after the collapse of one of its investments raised fresh worries over the quality of the technology group's assets. SoftBank's stock price fell more than 10% early on Monday after gaining ...
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China shares end lower as investors take stock of global shutdowns SHANGHAI: China stocks ended lower on Monday as investor concerns over coronavirus-driven global shutdowns overshadowed an unexpected rate cut by the country's central bank. At the close, the Shanghai Composite index was down 0.9% at 2,747.21.
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| Microsoft to acquire Affirmed Networks Microsoft has signed a definitive agreement to acquire Affirmed Networks. Microsoft valued the 5G software maker at about $1.35 billion (€1.22bn), according to reports. Affirmed Networks' fully virtualised, cloud-native mobile network solutions enable ...
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United execs warn COVID-19 demand hit could extend to 2021 Executives at United Airlines have warned travel demand may remain depressed into 2021, resulting in a smaller airline and workforce. The warning is contained in a letter to United staff from chief executive Oscar Munoz and president Scott Kirby that ...
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11 cases in Columbiana County As of Sunday morning, the Columbiana County General Health District reported that the county had 11 positive COVID-19 cases, which was an increase from the previous total of 10. Age ranges of these cases is 23 to 92 years old and according to the Ohio ...
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UAB will test a COVID-19 vaccine candidate created by Altimmune Inc. UAB media contact: Jeff Hansen Altimmune contact: Will Brown LifeSci Advisors contact: Ashley Robinson. Back view of Scientist testing Vaccine Coronavirus in Biosafety Cabinet The University of Alabama at Birmingham is launching a collaboration with the ...
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