U.S. small businesses flood Bank of America with loan applications
(Reuters) – Bank of America Corp (BAC.N) said on Friday it has already received about 35,000 applications for federally backed small-business loans within hours of […]
3M to increase production of face masks after Trump order
(Reuters) – 3M Co (MMM.N) said on Friday it would continue to increase the production of respirators, after U.S. President Donald Trump announced he was […]
'Mom & Pop' shops worry they will be squeezed out of small business coronavirus aid
WASHINGTON (Reuters) – Family-owned restaurants fear they could be pitted against larger competitors, hotel chains and potentially investment funds in a race starting on Friday […]
European stocks sink as pandemic hits business, oil prices grind higher
LONDON (Reuters) – European stock markets sank on Friday, erasing meagre gains for the week, as more companies flagged a hit to business from the […]
Coronavirus outbreak to delay Romania's June election: PM
BUCHAREST (Reuters) – Romania’s centrist minority government will almost certainly postpone a June local election as the coronavirus outbreak ruled out the best conditions for […]
Malaysians send 3D-printed masks, meals to front-line coronavirus medics
KUALA LUMPUR (Reuters) – From 3D-printed protective face shields to meal deliveries, Malaysian volunteer groups are stepping up to help medical workers on the front […]
When will U.S. economy bottom? Economists hunt for the right view
WASHINGTON (Reuters) – The economic crisis spawned by the coronavirus pandemic has produced a wave of grim U.S. data, with likely more to come as […]
Volunteer disinfectant sprayers help Wuhan prepare for a return to work
WUHAN, China (Reuters) – Volunteers in hazmat suits have been spraying Wuhan with disinfectant to help the Chinese city where the coronavirus first took hold […]
Spain's coronavirus deaths rise above 10,000, yet there is 'glimpse of hope'
MADRID (Reuters) – Spain’s death toll from the coronavirus rose above 10,000 on Thursday after a record 950 people died overnight, but health officials were […]
General Motors, Honda to jointly develop two new electric vehicles
(Reuters) – General Motors Co (GM.N) and Honda Motor Co Ltd (7267.T) said on Thursday they would jointly develop two new electric vehicles for Honda […]
Wisconsin proceeds with U.S. presidential primary despite coronavirus fears
(Reuters) – Wisconsin officials plowed ahead on Thursday with plans for a U.S. presidential primary next week despite a shortage of poll workers and a […]
Output at Nissan's UK car plant suspended throughout April over coronavirus
LONDON (Reuters) – Production at Nissan’s (7201.T) British factory, the country’s biggest car plant, is suspended throughout April, continuing a shutdown in place since mid-March […]
Stocks drift as investors digest grim U.S. jobs data
NEW YORK (Reuters) – World equity markets hovered between small gains and losses Thursday, as the death toll from the coronavirus pandemic continued to rise […]
Ford says post-crisis support for U.S. customers 'would be appropriate'
(Reuters) – Ford Motor Co’s (F.N) U.S. sales chief said on Thursday the automaker believes some level of government stimulus will be needed for consumers […]
After death of a cashier, French supermarket staff work in fear
PARIS (Reuters) – When 52-year-old supermarket cashier Aicha Issadounene died after contracting the coronavirus, her Carrefour (CARR.PA) colleagues felt the full fear of working on […]
Ford first-quarter U.S. auto sales tumble 12.5% on coronavirus hit
(Reuters) – Ford Motor Corp (F.N) on Thursday posted a 12.5% fall in U.S. auto sales for the first quarter, as production halts and social […]
Dollar maintains gains after weeks of rallying
LONDON (Reuters) – The dollar firmed on Thursday but paused its strong rally of recent weeks after the Federal Reserve helped U.S. currency liquidity in […]
Under pressure, British PM vows 'massive' coronavirus tests increase
LONDON (Reuters) – Britain’s Prime Minister Boris Johnson promised to ramp up testing for coronavirus after his government faced criticism for being slower than some […]
Iran has no proxies, as Trump claims, but has friends: Foreign Minister tweets
DUBAI (Reuters) – Iran has no proxies but it has friends, tweeted Iranian Foreign Minister Mohammad Javad Zarif on Thursday, a day after U.S. President […]
BA in union talks to suspend around 32,000 staff: source
LONDON (Reuters) – British Airways (ICAG.L) is in talks with its union about a plan to suspend around 32,000 staff in response to the coronavirus […]
100 Taliban fighters to be released from Afghan jails Thursday
KABUL (Reuters) – The Afghan government will release 100 Taliban prisoners from jails on Thursday, said a senior security official, adding that in exchange the […]
Indonesia may start new holiday to replace Eid exodus amid COVID-19 concerns
JAKARTA (Reuters) – Indonesian President Joko Widodo said on Thursday the government is considering starting a new national holiday to prevent the annual mass exodus […]
Asian stocks slip as global recession looms
SYDNEY/NEW YORK (Reuters) – Asian equity markets and crude oil looked set for further losses on Thursday, after a dire warning about the U.S. coronavirus […]
Wall Street dives 4% as virus pandemic fears intensify
New York (Reuters) – Wall Street’s three major indexes fell more than 4% on Wednesday, after President Donald Trump’s dire warning on the U.S. death […]