April 3, 2020

British supermarket Sainsbury’s to remove most customer purchasing limits

British supermarket group Sainsbury’s said on Friday it would start to remove the customer purchasing limits it imposed to prevent coronavirus stockpiling as customers start to […]
April 3, 2020

Mnuchin says small business rescue loans launch Friday, despite lender confusion

U.S. Treasury Secretary Steven Mnuchin said he was pressing ahead with the Friday launch of a $349 billion coronavirus rescue loan program for small businesses, after […]
April 3, 2020

Google releases location data to show if coronavirus lockdowns working in 131 countries

Alphabet Inc’s Google on Thursday published reports for 131 countries showing whether visits to shops, parks and workplaces dropped in March, when many governments issued stay-at-home […]
April 3, 2020

Traton sees some order cancellations, can’t rule out job cuts: WiWo

Volkswagen’s Traton commercial truck unit has seen cancellations of orders due to the coronavirus outbreak but these are manageable, its chief told a German magazine in […]
April 3, 2020

Oil falls on scepticism over Trump’s Saudi-Russia output deal

Oil prices fell on Friday, coming off their biggest one-day gains in the previous session, after U.S. President Donald Trump said he had brokered a deal […]
April 3, 2020

Trump touts ‘great’ Saudi-Russia oil deal to halt price rout, but details unclear

U.S. President Donald Trump said on Thursday he had brokered a deal with top crude producers Russia and Saudi Arabia to cut output and arrest an […]
April 3, 2020

Fed’s dilemma: Picking winners for $4 trillion in credit

When the Federal Reserve polled Wall Street about financial stability risks last fall, “global pandemic” didn’t make the list. Powered by WPeMatico
April 3, 2020

Dollar consolidates as hopes for quick recovery evaporate

The dollar edged toward a 2% weekly rise on Friday, boosted by a surge in the oil price and as investors sought safety amid the worsening […]
April 3, 2020

Mexico stops brewing Corona beer, deemed non-essential in epidemic

Mexico’s Grupo Modelo said on Thursday it will temporarily stop brewing Corona beer and other brands exported to 180 countries after its business activities were declared […]
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