April 16, 2020

Measures to control coronavirus weigh on U.S. homebuilding

U.S. homebuilding fell by the most in 36 years in March amid a broad decline in activity, offering further evidence that the economy was buckling under […]
April 16, 2020

Fed says backstop for small business loans fully operational

The Federal Reserve’s program to back emergency government loans to small businesses is “fully operational,” the U.S. central bank said on Thursday, a boost to banks […]
April 16, 2020

Oil prices rise after sharp losses caused by U.S. stockpile surge

Oil prices rose on Thursday after sharp losses in the previous session, with investors hoping that a build-up in U.S. inventories may mean producers have little […]
April 16, 2020

Airbus evaluates requests for delays to jet deliveries

European planemaker Airbus is examining multiple customer requests to defer deliveries after travel demand collapsed because of the coronavirus epidemic, it said on Thursday. Powered by […]
April 16, 2020

Ford’s first-quarter China vehicle sales down 35% as coronavirus hits demand

Ford Motor Co said on Thursday that its China vehicle sales in the first three months this year fell 34.9% from a year earlier to 88,770 […]
April 16, 2020

German carmakers to resume production as lockdowns ease

German carmakers including Volkswagen and Mercedes-Benz will restart production at some German factories next week after the country eased restrictions designed to contain the coronavirus outbreak. […]
April 16, 2020

Oil prices recover from sharp losses caused by U.S. stockpile surge

Oil prices ticked up on Thursday after sharp losses in the previous session, with investors hoping that a big build-up in U.S. inventories may mean producers […]
April 16, 2020

Etihad has full support of state owner, will resume flights in May: CEO

Abu Dhabi’s Etihad Airways has the full support of its state shareholder as it plans a partial resumption of passenger flights from May 1, its chief […]
April 16, 2020

No end in sight yet for Amazon shutdown in France

Amazon has no clarity yet on when its warehouses in France might reopen, the head of its French business said on Thursday, after the e-commerce giant […]
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