March 24, 2020

Oil rises over 3% on Fed steps to support economy, hopes of U.S. aid package

Oil rose over 3% on Tuesday after the U.S. Federal Reserve said it would take steps to bolster the economy and on growing hopes the United […]
March 24, 2020

Halliburton to ‘significantly’ cut 2020 capex below $1.2 billion budget

Oilfield services firm Halliburton is accelerating its cost-cutting and will significantly reduce spending this year below its original $1.2 billion budget, its finance chief said on […]
March 24, 2020

Wall Street surges on hopes of $2 trillion rescue package

Wall Street snapped back from three-year lows and the Dow jumped more than 1,500 points on Tuesday, as hopes of Washington passing an economic rescue package […]
March 24, 2020

Netflix, Facebook to cut data traffic in India to ease network congestion

Streaming service Netflix Inc and social media giant Facebook Inc said on Tuesday they would reduce the amount of data their services use to ease congested […]
March 24, 2020

Renault workers use 3D printers to make medical visors

Renault workers in Spain have begun using 3D printers to manufacture visors for health workers from home, the French carmaker said on Tuesday, in a scheme […]
March 24, 2020

Ford joins GE, 3M in speeding up ventilator, respirator production

Carmaker Ford Motor Co on Tuesday jumped into the emergency push by major U.S. manufacturers to produce thousands of ventilators and respirators needed to help combat […]
March 24, 2020

Wall Street bounces on hopes of $2 trillion stimulus, Boeing boost

Wall Street bounced from three-year lows on Tuesday on hopes of a major fiscal stimulus to blunt the economic damage from the coronavirus pandemic, while Boeing […]
March 24, 2020

Coronavirus crisis rocks airlines and planemakers

The grounding of virtually all flights by Europe’s largest budget airline and European air traffic data on Tuesday highlighted the enormity of the shock to aviation […]
March 24, 2020

UK tells airlines to try raising own capital before state will help: source

Britain has told airlines that state investment to help them survive the coronavirus crisis will only be considered once they have looked at the possibility of […]
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