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U.S. Senate bill to grant airlines bailout to weather coronavirus

U.S. Senate bill to grant airlines bailout to weather coronavirus

March 25, 2020
WASHINGTON/CHICAGO (Reuters) – The U.S. Senate will vote on Wednesday to give the U.S. aviation industry $58 billion in aid, half in the form of grants to cover
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Senate bill set to give aviation sector up to $33 billion bailout: sources

Senate bill set to give aviation sector up to $33 billion bailout: sources

March 25, 2020
WASHINGTON/CHICAGO (Reuters) – A compromise $2 trillion economic rescue package that will be voted on by the U.S. Senate on Wednesday is set to give passenger airlines about
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Futures rise as Washington reaches deal on $2 trillion aid package

Futures rise as Washington reaches deal on $2 trillion aid package

March 25, 2020
(Reuters) – U.S. stock index futures rose on Wednesday, putting Wall Street on course to extend its massive bounce from the previous session, as Washington reached a deal
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Bombardier halts most operations in Canada due to coronavirus

Bombardier halts most operations in Canada due to coronavirus

March 24, 2020
(Reuters) – Bombardier pulled its 2020 outlook on Tuesday and said it would stop work at most of its Canadian operations until April 26 to help slow the spread
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Fed's 'bazooka' soothes dollar funding squeeze

Fed's 'bazooka' soothes dollar funding squeeze

March 24, 2020
LONDON (Reuters) – The U.S. Federal Reserve’s efforts to shield the economy from the effects of the coronavirus have — for now – slowed a scramble for dollars
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Wall Street jumps on hopes of $2 trillion stimulus

Wall Street jumps on hopes of $2 trillion stimulus

March 24, 2020
(Reuters) – Wall Street jumped at the open on Tuesday as signs that Washington was nearing a deal on a $2 trillion economic rescue package gave a shot
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Boundless Fed bond-buying fuels stocks rebound, dollar recoils

Boundless Fed bond-buying fuels stocks rebound, dollar recoils

March 24, 2020
LONDON (Reuters) – Financial markets rebounded on Tuesday, with stocks and oil jumping about 4% in Europe, while the safe-haven dollar recoiled as unprecedented global stimulus efforts gained
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Latin America's oil producers sweat to cover costs as price war takes toll

Latin America's oil producers sweat to cover costs as price war takes toll

March 24, 2020
MEXICO CITY (Reuters) – A price war between the world’s oil powerhouses is leaving many producers in Latin American struggling to cover production costs, boosting the chances of
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U.S. industries scramble for exemptions as state shutdown orders grow

U.S. industries scramble for exemptions as state shutdown orders grow

March 24, 2020
WASHINGTON (Reuters) – As several more U.S. states moved to impose stay-at-home orders to limit the spread of the coronavirus, industries from steelmakers to auto dealerships were scrambling
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Dollar falls for a second day on Fed stimulus

Dollar falls for a second day on Fed stimulus

March 24, 2020
LONDON (Reuters) – The dollar slipped for a second consecutive day on Tuesday after the U.S. Federal Reserve unveiled fresh measures to supply precious liquidity into funding markets,
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