April 11, 2020

Boeing supplier furloughs 2,300 employees on closure of Boeing facilities amid COVID-19

U.S. aero parts maker Triumph Group Inc said it was furloughing about 2,300 employees across its U.S. and European plants for two to four weeks to […]
April 11, 2020

U.S. approves $168 billion of small business loans under coronavirus plan: Kudlow

The United States has approved 661,000 loans to small businesses totaling $168 billion under a program to address the fallout from the novel coronavirus epidemic, White […]
April 11, 2020

Saudi-Mexican clash halts record oil cut deal despite Trump pressure

Top oil nations struggled to finalise record output cuts at G20 talks on Friday to boost prices slammed by the coronavirus crisis, as Saudi Arabia clashed […]
April 11, 2020

Saudi crown prince, Russia’s Putin discuss efforts to stabilize oil markets: SPA

Saudi Arabia’s Crown Prince and Russian President Vladimir Putin reviewed in a telephone conversation on Friday the efforts to achieve stability of energy markets to support […]
April 11, 2020

Saudi, others resist Mexican plan to make small oil output cuts – sources

Saudi Arabia and other oil producers in the OPEC+ group pushed back on Friday on a Mexican plan to cut less than requested under plans for […]
April 11, 2020

Honeywell borrows further $1.5 billion

Honeywell International Inc said on Friday it had entered into a $1.5 billion loan agreement to be used for general corporate purposes. Powered by WPeMatico
April 11, 2020

Exclusive: Treasury wants warrants, repayment from major U.S. airlines on 30% of grant money – sources

U.S. Treasury Secretary Steven Mnuchin told major airlines on Friday he wants them to repay some of the $25 billion in cash grants the U.S. Congress […]
April 11, 2020

U.S. six-month deficit rises to $744 billion ahead of virus budget storm in April

The United States racked up a $744 billion budget deficit in the first half of fiscal 2020, up 8% from a year earlier, the Treasury said […]
April 10, 2020

Treasury briefing U.S. airlines on $32 billion grant program -sources

U.S. Treasury Secretary Steven Mnuchin is holding calls with airline CEOs throughout the day and could announce some details of a $32 billion payroll grant package […]
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