Chancellor Rishi Sunak is set to make an announcement on the furlough scheme, as reports suggest employers will be asked to pay 20% of workers’ wages as well
MILAN (Reuters) – The board of Italy’s export credit agency SACE has approved state guarantees covering 80% of a 6.3 billion euro ($7 billion) bank loan for Fiat
WASHINGTON — Roughly 2.1 million people applied for U.S. unemployment benefits last week, a sign that companies are still slashing jobs in the face of a deep recession
(Reuters) – American Airlines Group Inc’s (AAL.O) is not considering a Chapter 11 bankruptcy filing, Chief Executive Doug Parker said at a conference on Wednesday, and shot down
HOUSTON (Reuters) – Top fund manager BlackRock Inc (BLK.N) on Wednesday said it cast an advisory vote in favor of an independent chairman at Exxon Mobil Corp (XOM.N)
(Reuters) – A selloff in technology stocks dragged on the S&P 500 and Nasdaq on Wednesday, with investors also cautious about brewing U.S.-China tensions at a time when
LONDON/TOKYO (Reuters) – World shares surged on Wednesday as reports of a European Union rescue fund helped offset concerns about unrest in Hong Kong over Beijing’s proposed national
SINGAPORE (THE BUSINESS TIMES) – South-east Asian real estate portal PropertyGuru on Wednesday (May 27) said it has launched a new digital feature allowing a 360-degree walk-through of
New York (Reuters) – U.S. stocks jumped on Tuesday, propelling the S&P 500 past the key psychological level of 3,000 points as optimism about developing coronavirus vaccines and
(Reuters) – U.S. companies’ borrowings for capital investments fell about 7% in April from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Tuesday. The
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