[ad_1] NEW YORK (Reuters) – The sharp rebound in equities has pushed widely used measures of valuing U.S. shares to their highest level in years. The floor of the New York Stock Exchange (NYSE) stands
China’s Yunnan launches 800,000 T metals stockpiling drive
[ad_1] BEIJING (Reuters) – China’s Yunnan province said on Sunday it would set aside 1 billion yuan ($141.22 million) to help businesses stockpile 800,000 tonnes of nonferrous metal as part of efforts to boost its
U.S. economy faces historic shock, with 16% joblessness possible: Trump adviser
[ad_1] WASHINGTON (Reuters) – The shuttering of the U.S. economy due to the coronavirus pandemic is a shock of historic proportions that likely will push the national unemployment rate to 16% or higher this month
New York City needs $7.4 billion in federal aid amid coronavirus: mayor
[ad_1] People are seen in Flushing Meadows-Corona Park during the outbreak of the coronavirus disease (COVID-19) in the Queens borough of New York City, U.S., April 25, 2020. REUTERS/Andrew Kelly (Reuters) – New York City
Latest on the spread of the coronavirus around the world
[ad_1] (Reuters) – Some 2.91 million people have been reported to be infected by the novel coronavirus globally and 203,264 have died, according to a Reuters tally, as of 1400 GMT on Sunday. A child
German government divided over form of Lufthansa rescue deal
[ad_1] BERLIN (Reuters) – Germany’s ruling coalition is divided over whether the state should have a role in running airline Lufthansa in return for a rescue package the company aims to finalise next week, politicians
European carmakers restart production as coronavirus lockdowns ease
[ad_1] FRANKFURT (Reuters) – Volkswagen will restart production at its Wolfsburg factory in Germany on Monday, the latest of a fleet of European carmakers to take advantage of eased coronavirus lockdown rules to resume manufacturing.
Next wave of U.S. states prepare to reopen as coronavirus could push jobless rate to 16%
[ad_1] NEW YORK/CHICAGO (Reuters) – Another wave of U.S. states are preparing to lift coronavirus restrictions this week against the warnings of many public health experts as the White House sees this month’s jobless rate
Brazil’s Embraer adjusting production after deal with Boeing collapses
[ad_1] FILE PHOTO: Workers set up at the Embraer booth prior to the opening of the National Business Aviation Association (NBAA) exhibition in Las Vegas, Nevada, U.S. October 21, 2019. REUTERS/David Becker/File Photo SAO PAULO
White House sees jobless rate hitting 16% or higher in April
[ad_1] A man walks in the financial district, during the outbreak of the coronavirus disease (COVID-19) in New York City, New York, U.S. April 23, 2020. REUTERS/Eduardo Munoz WASHINGTON (Reuters) – The U.S. unemployment rate