[ad_1] SEOUL (Reuters) – Oil prices crept up on Thursday, supported by a surprise decline of U.S. crude inventories, but gains were capped by worries that a potential second wave of the coronavirus pandemic might
[ad_1] (Reuters) – Asian equities were set to slump on Thursday after the head of the Federal Reserve warned of a “significantly worse” U.S. recession than any downturn since World War Two because of coronavirus
[ad_1] New York (Reuters) – The S&P 500 closed lower for the second day in a row after Federal Reserve Chairman Jerome Powell warned on Wednesday of extended economic weakness due to the coronavirus pandemic
[ad_1] FRANKFURT/DUESSELDORF/BERLIN (Reuters) – Thyssenkrupp (TKAG.DE) is exploring several strategic options for its warship unit, ranging from combining it with Italy’s Fincantieri (FCT.MI) to creating a national champion with German peers, a person familiar with
[ad_1] BASRA, Iraq/ BAGHDAD (Reuters) – Iraq is cutting its oil output by around 700,000 barrels per day (bpd), a third less than required under an OPEC+ supply pact, after it failed to persuade international
[ad_1] (Reuters) – Tesla Inc (TSLA.O) and officials in California have resolved their acrimonious clash over safety procedures at the automaker’s sole U.S. assembly plant with a deal that allows production to resume as early
[ad_1] WASHINGTON (Reuters) – The head of the Federal Reserve warned on Wednesday of an “extended period” of weak economic growth, vowed to use the U.S. central bank’s power as needed, and called for additional
[ad_1] LAGOS (Reuters) – Struggling e-commerce platform Jumia Technologies reported an almost 7 percent fall in first quarter revenue due to supply chain disruptions, particularly in China, but saw lower cash burn and signs that
[ad_1] (Reuters) – Harvard surgeon and author Atul Gawande will step down as chief executive officer to take on the role of chairman at Haven, the healthcare joint venture of Amazon.com Inc (AMZN.O), Berkshire Hathaway
[ad_1] NEW YORK (Reuters) – Oil prices fell more than 1% on Wednesday despite the first decline in U.S. crude inventories since January, as markets were affected by a solemn address from U.S. Federal Reserve
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