MOSCOW: The global oil production deal clinched at the weekend will help to establish a price floor and help to save millions of jobs in the United States, senior Russian officials said on Monday (Apr 13). Having been in a stand-off with western nations - most notably the United...
WASHINGTON: President Donald Trump said on Monday it was his decision when to reopen the U.S. economy, not that of state governors. "It is the decision of the President, and for many good reasons. With that being said, the Administration and I are working closely with the Governors, and...
NEW DELHI: India and Pakistan are planning to partially reopen their economies to minimise the cost of restrictive measures imposed to halt the spread of the novel coronavirus, officials in the two countries said on Monday (Apr 13). Indian Prime Minister Narendra Modi said on Twitter he will ......
U.S. stock index futures declined more than 1per cent on Monday after a strong rally last week, with investors bracing for the earnings season for further evidence of the coronavirus-led damage to Corporate America.
REUTERS: Amazon.com Inc said on Monday it plans to hire 75,000 more people for jobs ranging from warehouse staff to delivery drivers as coronavirus epidemic kept Americans locked in their homes. (Reporting by Munsif Vengattil in Bengaluru; Editing by Maju Samuel)
Toyota Motor Co on Monday said it was suspending auto production in its Brazil plants until at least June 22, joining General Motors Co which also expects to resume production in the same month.
General Electric Co said on Monday it used part of the US$20 billion in proceeds from the sale of its biopharma business to cut debt.
Ford Motor Co said on Monday it expects first-quarter adjusted loss before interest and taxes to be about US$600 million, compared with a profit of US$2.4 billion a year earlier.
Dish Network Corp has cut staff and is re-evaluating its business to cope better with the fallout from the coronavirus pandemic, the U.S. satellite TV provider told Reuters, without disclosing the number of employees laid off.
Employees at global fashion giant Inditex's 10 logistics centres in Spain - from where it sends garments to its stores worldwide - returned to work on Monday but only to less than half their normal levels of activity, workers said.
