[ad_1] LONDON (Reuters) – The number of British people leaving their homes to go shopping has slumped by 83% since the government closed non-essential retail outlets last month to slow the spread of COVID-19, the
Spot discounts widen for Russian ESPO Blend crude – sources
[ad_1] SINGAPORE/MOSCOW (Reuters) – Spot differentials for Russian ESPO Blend crude have edged to a record low in Asia as abundant supplies and low demand weigh on oil markets, several trade sources told Reuters on
New Aston Martin chief says focus on SUV launch, restart
[ad_1] FILE PHOTO: A logo on the new Aston Martin DBX at the new Aston Martin Lagonda factory in Barry, Wales, Britain February 21, 2020. REUTERS/Rebecca Naden/Pool/File Photo (Reuters) – Aston Martin’s immediate priorities will
Japan exports slump as coronavirus hits U.S., Chinese demand
[ad_1] TOKYO (Reuters) – Japan’s exports slumped the most in nearly four years in March as U.S.-bound shipments, including cars, fell at the fastest rate since 2011, highlighting the damage the coronavirus pandemic has inflicted
Australia to force Google, Facebook to pay domestic media to use content
[ad_1] SYDNEY (Reuters) – Australia will force Facebook Inc and Alphabet Inc’s Google to share advertising revenue with local media firms, the country’s treasurer said on Monday, becoming one of the first countries to require
Asia shares turn quietly cautious, U.S. crude crushed
[ad_1] SYDNEY (Reuters) – Caution gripped Asian share markets on Monday on expectations a busy week of corporate earnings reports and economic data will drive home the damage done by the global virus lockdown, while
Alibaba says to invest $28 billion in cloud computing services
[ad_1] A logo of Alibaba Group is seen at the company’s headquarters in Hangzhou, Zhejiang province, China, November 18, 2019. REUTERS/Aly Song/Files SHANGHAI (Reuters) – China’s Alibaba Group Holding Ltd will invest 200 billion yuan
Exclusive: Neiman Marcus to file for bankruptcy as soon as this week – sources
[ad_1] (Reuters) – Neiman Marcus Group is preparing to seek bankruptcy protection as soon as this week, becoming the first major U.S. department store operator to succumb to the economic fallout from the coronavirus outbreak,
Exclusive: Head of oil trader Hin Leong didn’t disclose $800 million losses – court filing
[ad_1] SINGAPORE (Reuters) – The founder and director of top Singapore oil-trading company Hin Leong Trading Pte Ltd (HLT) directed the firm not to disclose hundreds of millions of dollars in losses over several years,
Indian steel demand expected to drop 7.7% in 2020: industry body
[ad_1] FILE PHOTO: A worker cuts iron rods outside a workshop at an iron and steel market in an industrial area in New Delhi, India, December 12, 2017. REUTERS/Adnan Abidi/File Photo NEW DELHI (Reuters) –