[ad_1] (Reuters) – U.S. crude oil stockpiles rose less than expected last week while gasoline inventories dropped for the first time in five weeks, the Energy Information Administration said on Wednesday, as the sharp decline

[ad_1] BERLIN (Reuters) – The coronavirus pandemic will plunge Germany’s economy into its deepest recession since World War Two, Economy Minister Peter Altmaier said on Wednesday as the government cut its economic growth forecast for

[ad_1] WASHINGTON (Reuters) – The U.S. economy contracted in the first quarter at its sharpest pace since the Great Recession as stringent measures to slow the spread of the novel coronavirus almost shut down the

[ad_1] SEOUL (Reuters) – When the coronavirus outbreak in China disrupted global smartphone production in February, Samsung looked set to weather the crisis better than most thanks to its limited exposure there and launches of

[ad_1] (Reuters) – Spotify Technology SA (SPOT.N) on Wednesday reported a better-than-expected 31% jump in paid music subscribers to 130 million and a 22% rise in revenue in the first quarter, weathering a slowdown in

[ad_1] LONDON (Reuters) – The COVID-19 pandemic is forcing the world’s biggest advertising company WPP (WPP.L) to accelerate its strategy of bringing its multiple agencies together to produce work more quickly for clients battling to

[ad_1] LONDON (Reuters) – British clothing retailer Next has shored up its finances to help get it through the coronavirus crisis by selling property, suspending share buybacks and dividends and cutting costs after first-quarter sales

[ad_1] LONDON (Reuters) – Barclays set aside 2.1 billion pounds ($2.6 billion) to cover a likely spike in loan losses as thousands of its corporate and consumer borrowers battle to cope with the financial fallout

[ad_1] SINGAPORE/MELBOURNE (Reuters) – U.S. oil prices gained on Wednesday, trimming some of this week’s losses, after U.S. stockpiles rose less than expected and on expectations demand will improve as some European countries and U.S.

[ad_1] A woman walks past the Bombay Stock Exchange (BSE) building in Mumbai, India, January 31, 2020. REUTERS/Francis Mascarenhas/Files BENGALURU (Reuters) – Indian shares rose on Wednesday, tracking gains in Asian markets, as several countries