May 18, 2020

Asia shares follow S&P 500 higher, oil and gold jump

Asian shares were led higher by S&P 500 futures on Monday and oil prices hit a five-week peak as countries’ efforts to re-open their economies stirred […]
May 17, 2020

Fed’s Powell: ‘Medical metrics’ most important data for U.S. economy now: CBS

The most important data for the U.S. economy right now are the “medical metrics” around the coronavirus pandemic, Federal Reserve Chairman Jerome Powell said Sunday night […]
May 17, 2020

GM tells Mexico workers it plans May 20 restart at Silao plant

General Motors Co is tentatively planning to restart operations at its auto assembly plant in the Mexican city of Silao on May 20, according to a […]
May 17, 2020

U.S. Senator Rubio calls for fast action to extend U.S. payroll protection program

The United States needs to quickly revise its coronavirus aid program for small businesses to extend the eight-week period in which the law currently requires companies […]
May 17, 2020

Thyssenkrupp in talks with peers over steel business: source

German ailing conglomerate Thyssenkrupp is in talks with international peers about consolidating its loss-making steel business, a person familiar with the matter said. Powered by WPeMatico
May 17, 2020

Pelosi sees negotiations on new $3 trillion coronavirus legislation: CBS

U.S. House Speaker Nancy Pelosi said on Sunday there will be negotiations on the new $3 trillion coronavirus relief legislation passed by the Democratic-controlled House of […]
May 17, 2020

U.S. Senator Klobuchar blasts Uber, Grubhub deal talks

U.S. Senator Amy Klobuchar on Sunday blasted merger talks between ride-hailing firm Uber Technologies Inc and online food delivery company Grubhub Inc , calling any deal […]
May 17, 2020

Senator Klobuchar says Uber, Grubhub combination would be anticompetitive

U.S. Senator Amy Klobuchar on Sunday blasted merger talks between ride-hailing firm Uber Technologies Inc and online food delivery company Grubhub Inc , calling any deal […]
May 17, 2020

Emirates Group planning to cut about 30,000 jobs amid virus outbreak: Bloomberg News

Emirates Group plans to cut about 30,000 jobs to reduce costs amid the coronavirus outbreak, reducing employees by about 30% from more than 105,000 at the […]
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