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Oil falls on China-U.S. tensions, energy demand doubts

Oil prices tumbled about 2% on Friday on rising U.S.-China tensions and doubts about how quickly fuel demand would recover from the coronavirus crisisRead More

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Japan to end Tokyo's state of emergency, eyes New! 2020-05-24 23:14:32Japan will lift a state of emergency for Tokyo and remaining areas still facing restrictions on Monday, while the Nikkei reported a plan for new stimu

Asian shares reverse early gains, eyes on China-U.S. New! 2020-05-24 23:05:08A gauge of Asian stocks pared early gains on Monday amid souring relations between China and the United States, with Hong Kong shares extending losses

China's Great Wall expects mild domestic auto sales New! 2020-05-24 21:32:46Great Wall Motor expects China's overall auto sales in the second half this year to return to the same level as last year, its president said, as th

Aston Martin chief to leave, Mercedes-AMG CEO to New! 2020-05-24 15:01:17Aston Martin Chief Executive Andy Palmer is leaving the business as part of a management shake-up and will be replaced by Tobias Moers, CEO of Merced

Lufthansa to resume flights to 20 destinations from New! 2020-05-24 14:22:39Lufthansa , which is in talks with the German government over a 9 billion euro ($9.8 billion) bailout, will resume flights to 20 destinations from mid

Most publicly listed companies keep U.S. small-business aid New! 2020-05-24 10:55:18More than four-fifths of publicly listed companies that received emergency small-business loans from the U.S. government have held onto them, sticking

Air France must slash domestic traffic in exchange 2020-05-24 07:41:33Air France will have to "drastically" reduce its domestic air traffic in exchange for state loan guarantees, French Environment Minister Elisabeth

Hertz files for U.S. bankruptcy protection as car 2020-05-23 15:33:13The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy protection on Friday after its business was decimated durin

Jaguar seeks state loan as coronavirus pandemic takes 2020-05-23 10:54:38Jaguar Land Rover is in talks with the British government about a request for temporary state funding of more than 1 billion pounds ($1.22 billion),

Wall Street Week Ahead: Investors look beyond drug 2020-05-23 09:03:51Investors are diversifying bets in the healthcare sector, as the rush to develop treatments for Covid-19 has driven up prices for some pharmaceutical

Large employers push back on U.S. healthcare mergers 2020-05-23 07:54:46A group representing some of the largest U.S. employers has asked Congress for a year-long ban on mergers and acquisitions among hospitals and doctors

Kuehne+Nagel owner sees about 20,000 job cuts: Die 2020-05-22 23:03:50Freight-forwarder Kuehne+Nagel may cut more than 20,000 jobs, with warehouse workers most affected, as the coronavirus-caused economic crisis hits sh

BBC News - Business

Coronavirus: World Bank warns 60m at risk of 2020-05-19 23:51:46The financial impact of the coronavirus is hitting poor nations hard and destroying millions of livelihoods.

Coronavirus lockdown: The Indian migrants dying to get 2020-05-19 19:11:49Many poor Indians, fleeing hunger in locked down cities, have died of exhaustion or in accidents.

Johnson & Johnson to stop selling baby powder 2020-05-19 19:03:57The healthcare giant faces thousands of lawsuits from consumers claiming talc caused their cancer.

Facebook Shops: Online stores open on Facebook and 2020-05-19 13:35:37From brand pages to live streams, Facebook is rolling out new shopping features across its apps.

EasyJet admits data of nine million hacked 2020-05-19 12:58:53The attack was "sophisticated" the airline said, adding that some credit card details had been accessed.

Coronavirus: No guarantee of quick economic bounceback, warns 2020-05-19 12:46:44Chancellor Sunak says a swift UK economic recovery is "not obvious", as jobless claims soar in April.

Mirrors and garden shears prices set to fall 2020-05-19 11:38:07The government said it has removed import levies on items worth more than £30bn.

Coronavirus: UK tourism boss backs call for 'air 2020-05-19 09:22:34Air bridges would allow visitors from low-risk countries into the UK without having to quarantine.

Coronavirus: Bosses' bonuses banned in exchange for virus 2020-05-19 05:53:27The Treasury and the Bank of England will restrict company payouts for firms seeking taxpayer funds.

Thai Airways saved from the brink by government 2020-05-19 04:24:24Thailand's national carrier had been waiting for the government to approve its restructuring plan.

Oil on stormy market waters 2020-05-19 03:41:47.

Nasdaq to tighten rules amid concerns over Chinese 2020-05-19 02:55:36The move comes as tensions rise between there US and China and the Luckin Coffee scandal.


Trump projects a sense of normal, but West 2020-05-18 04:30:48The White House is struggling to keep its leaders and staffers safe while pushing for the reopening of America.

'Immunity passports' won't reopen America 2020-05-18 04:30:39Antibody apps may still find a niche in the workplace.

Fed’s Powell warns unemployment could reach Depression-level 25 2020-05-17 20:42:20The Fed chief expressed hope that the economy would come out of recession in the second half of the year.

IMF chief predicts 3-year economic hit from coronavirus 2020-05-15 18:55:43The fund's Managing Director Kristalina Georgieva is urging governments to spend more and guarantee salaries.

Job losses have now hit 40% of low-income 2020-05-14 13:03:15Thirteen percent of all U.S. adults, or 20 percent of people who were employed in February, were laid off or furloughed.

Trump vs. the skeptics: Reopening fight highlights polar 2020-05-13 04:30:21Reopening quickly could boost Trump and the economy. It could also spark catastrophe.

Trump sticks with positive messaging as coronavirus misery 2020-05-11 04:30:27With deaths mounting and unemployment at a record high, the president is focused on reopening the country.

Lamar Alexander warns 'not enough money' to help 2020-05-10 12:23:07"We have to let people go back to work and earn a living," the Tennessee Republican says.

Kudlow baffled by Obama’s criticism of Trump administration 2020-05-10 10:29:38He defends the White House response to the coronavirus pandemic.

‘They’re doing it for politics’: Trump says some 2020-05-08 14:27:02The president offered no evidence to support his claim.

Trump’s hopes for ‘tremendous rebound’ crash into grim 2020-05-05 19:55:57Corporate leaders are rushing to reshape their businesses to ensure they survive. Their caution could again devastate the president’s favorite g

Trump team plots tax cuts and regulatory suspensions 2020-05-04 04:30:38The president's team is looking to bolster the economy — and turn the page from concerns about testing shortfalls.

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