White House sees jobless rate hitting 16% or higher in April
The U.S. unemployment rate is likely to hit 16% or higher in April, and “really big thoughtful policies” will be needed to rebuild confidence, a White House adviser said on...
Read MoreAuthor: Reuters
Daimler says China business picks up again: report
Posted by Reuters | Apr 26, 2020 | World News |
Mercedes-Benz maker Daimler has seen business stabilise in China after the country ended coronavirus lockdowns, a senior manager at the German carmaker told a newspaper on...
Read MoreWhen oil became waste: a week of turmoil for crude, and more pain to come
Posted by Reuters | Apr 26, 2020 | World News |
The magnitude of how damaged the energy industry is came into full view on April 20 when the benchmark price of U.S. oil futures , which had never dropped below $10 a barrel in its nearly 40-year history, plunged to a previously...
Read MoreVirgin Atlantic says still talking with UK government on coronavirus funds
Posted by Reuters | Apr 25, 2020 | World News |
Virgin Atlantic is still talking with the British government about a bailout package to cope with the devastating effects of the coronavirus outbreak on travel as well as focusing on private sector funding, a company spokeswoman...
Read MoreGlobal coronavirus death toll hits 200,000
Posted by Reuters | Apr 25, 2020 | domesticNews, Reuters: UK |
Global deaths linked to the coronavirus passed 200,000 on Saturday, while confirmed cases of the virus are expected to hit 3 million in coming days, according to a Reuters...
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