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Business

Oil slips on oversupply fears, but stocks jump on virus slowdown hopes

April 6, 2020
SYDNEY (Reuters) – Oil prices skidded on Monday after Saudi-Russian negotiations to cut output were delayed, keeping oversupply concerns alive, while stocks jumped as investors were encouraged by
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Business

Tory grandees warn over Chinese move on chipmaker Imagination

April 5, 2020
David Davis, the former Brexit secretary, has urged ministers to probe a Chinese bid to take control of Imagination Technologies Group, amid fears that the British chip designer’s
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Business

Trump hosts Big Oil execs at White House to discuss market slump

April 3, 2020
WASHINGTON (Reuters) – U.S. President Donald Trump met with oil company executives at the White House on Friday afternoon to discuss a historic oil-price slump threatening their businesses,
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Business

U.S. dairy farmers dump milk as pandemic upends food markets

April 3, 2020
CHICAGO (Reuters) – Dairy farmer Jason Leedle felt his stomach churn when he got the call on Tuesday evening. “We need you to start dumping your milk,” said
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Q&A: How to get aid for a small business hit by coronavirus crisis – The Denver Post

Q&A: How to get aid for a small business hit by coronavirus crisis – The Denver Post

April 3, 2020
NEW YORK — Millions of small business owners will be turning to the government, seeking help for an individual and nationwide cataclysm, the economic devastation caused by the
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Oil, shares slip as investors doubtful over Saudi-Russia deal

Oil, shares slip as investors doubtful over Saudi-Russia deal

April 3, 2020
TOKYO/NEW YORK (Reuters) – Oil prices shed some of their massive gains on Friday taking stocks in Asia lower, as doubts grew over an oil price deal between
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Asian markets look to follow Wall Street rally as oil surges

Asian markets look to follow Wall Street rally as oil surges

April 3, 2020
NEW YORK (Reuters) – Asian markets on Friday looked to latch onto Wall Street’s overnight gains after crude prices notched their biggest one-day surge on record, helping offset
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Oil jump lifts Wall Street as jobless claims data surges

Oil jump lifts Wall Street as jobless claims data surges

April 2, 2020
(Reuters) – U.S. stocks rallied on Thursday as hopes for a truce in the price war between Saudi Arabia and Russia and a cut in oil output drove
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Trump invokes Defense Production Act for ventilator manufacturing

Trump invokes Defense Production Act for ventilator manufacturing

April 2, 2020
WASHINGTON (Reuters) – U.S. President Donald Trump on Thursday invoked the Defense Production Act to aid companies building ventilators for coronavirus patients to receive the supply of materials
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Stock futures pare gains as U.S. weekly jobless claims top 6 million

Stock futures pare gains as U.S. weekly jobless claims top 6 million

April 2, 2020
(Reuters) – U.S. stocks index futures gave up early gains on Thursday after the number of Americans filing claims for unemployment benefits topped a whopping 6 million as
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