March 4, 2020

Follow the Fed? Why central banks won’t be rushed on virus response

Will the world’s big central banks leave U.S. Federal Reserve Chair Jerome Powell hanging? They’re certainly going to try. Powered by WPeMatico
March 4, 2020

Top French court recognizes Uber driver as employee

France’s high court has granted an Uber driver’s request to reclassify his contractual relationship with the ride-hailing operator as an employment contract, it said on Wednesday. […]
March 4, 2020

Facebook gives WHO free ads in battle with coronavirus misinformation

Facebook Inc will provide free advertisements to the World Health Organization (WHO) as it seeks to ensure users are not misinformed about the virus, its risks […]
March 4, 2020

Fed’s economic survey set to offer more clues on coronavirus impact

A report by the Federal Reserve released on Wednesday will provide the first snapshot from the central bank’s business contacts on how deeply the coronavirus is […]
March 4, 2020

In next recession, Fed needs upfront promises, former staffers say

Two former top staffers at the U.S. Federal Reserve have joined in urging the Fed to say explicitly what it will do if interest rates hit […]
March 4, 2020

Oil rises as OPEC, allies work on big cut

Brent oil prices rose on Wednesday on expectations that major producers have moved closer to an agreement to enact deeper output cuts aimed at offsetting the […]
March 4, 2020

Bond yields near record lows after Fed rate cut

Bonds held their gains on Wednesday as investors digested the U.S. Federal Reserve’s dramatic move to cut interest rates in an effort to contain economic damage […]
March 4, 2020

Investor Stroll eyes sharing Formula One tech with Aston Martin road cars

Canadian billionaire Lawrence Stroll, who is investing in carmaker Aston Martin , sees the opportunity to share Formula One technology with the firm’s range of road […]
March 4, 2020

Airlines rush to boost demand as coronavirus shreds playbook for crisis management

The rapid spread of coronavirus cases worldwide is complicating a standard strategy used by airlines when disease, disaster or conflict hit travel destinations: lower fares and […]
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