Saturday, November 28, 2020
Tags Economic news 3rd party)

Tag: economic news 3rd party)

Alibaba extends its reach in China as coronavirus outbreak opens doors

SHANGHAI (Reuters) - Alibaba Group Holding Ltd () is emerging as one of China's biggest corporate winners of the coronavirus crisis, gaining the opportunity...

Explainer: Trump has little power to restart U.S. economy

WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday said he wants the U.S. economy to reopen by Easter Sunday, April 12, despite the...

UK in talks with Amazon over delivering coronavirus tests: FT

LONDON (Reuters) - Britain has approached Amazon and other companies about using their services to step up the delivery of coronavirus tests...

U.S. junk bonds fall despite unprecedented Fed stimulus

NEW YORK (Reuters) - Prices of the riskiest U.S. corporate bonds fell on Monday as investors bet that the Federal Reserve's pledge to backstop...

German retailers plead for state aid as stores close

BERLIN (Reuters) - Germany's HDE retail association called on Wednesday for the government to give immediate state aid and tax relief to...

U.S. airlines seek $50 billion coronavirus bailout to avoid collapse

WASHINGTON (Reuters) - Major U.S. airlines sought a government bailout of more than $50 billion as the White House is urgently drafting a financial...

Global central banks pull out all stops as coronavirus paralyzes economies

SYDNEY (Reuters) - The U.S. Federal Reserve and its global counterparts moved aggressively with sweeping emergency rate cuts and offers of cheap dollars to...

What do the Fed’s latest moves mean for U.S. consumers?

WASHINGTON/NEW YORK (Reuters) - The U.S. Federal Reserve unleashed new emergency measures on Sunday night to limit the economic harm from the coronavirus, including...

S&P 500 stock futures tumble after Fed slashes rates

NEW YORK (Reuters) - U.S. stock index futures tumbled to open trading on Sunday, hitting their daily down limit, after the Federal Reserve took...

Markets crater as coronavirus fears overwhelm central bank emergency measures

NEW YORK/LONDON (Reuters) - Markets reeled on Monday, with stocks on Wall Street and the price of Brent crude tumbling more than 10%, as...