[ad_1] (Reuters) – Wall Street rose for the third time in four days on Thursday as the U.S. Federal Reserve rolled out a massive $2.3 trillion program to bolster local governments and businesses hammered by
U.S. jobless claims top 6 mln for second straight week
[ad_1] WASHINGTON (Reuters) – A staggering 16.8 million Americans have filed for unemployment benefits in the last three weeks, with weekly new claims topping 6 million for the second straight time last week as the
France’s carmaker Renault drops dividend over coronavirus crisis – source
[ad_1] An employee walks in front of the displayed logo of Renault carmaker at a dealership in Saint-Herblain, near Nantes, France, February 19, 2020. REUTERS/Stephane Mahe PARIS (Reuters) – French carmaker Renault’s board has decided
Oil prices pare earlier gains as OPEC+ works on output cut deal
[ad_1] NEW YORK (Reuters) – Oil prices were up almost 2% on Thursday, pulling back from an earlier surge as OPEC and other crude producers work on a deal to drastically cut output in response
Gold hits one-month peak fuelled by Fed’s new stimulus measures
[ad_1] (Reuters) – Gold prices surged over 2% to their highest in a month on Thursday after the U.S. Federal Reserve announced a massive stimulus to combat the economic toll of the coronavirus pandemic. FILE
India says lockdown has spared it from overwhelming number of coronavirus cases
[ad_1] NEW DELHI (Reuters) – The Indian government on Thursday claimed initial success in its fight against the coronavirus epidemic, saying it would have been hit with 820,000 cases by next week had it not
WHO’s new funding appeal for coronavirus fight to top $1 billion – diplomats
[ad_1] FILE PHOTO: A logo is pictured on the World Health Organization (WHO) headquarters in Geneva, Switzerland, November 22, 2017. REUTERS/Denis Balibouse/File Photo GENEVA (Reuters) – The World Health Organization (WHO) is preparing to launch
Global stocks gain on hopes pandemic is nearing peak
[ad_1] LONDON (Reuters) – Global shares rose on Thursday on hopes the COVID-19 pandemic was nearing a peak and that governments would roll out more stimulus to support their economies, while expectations of a deal
Bank of England to finance UK government if markets turn sour
[ad_1] LONDON (Reuters) – The Bank of England has agreed to temporarily lend the government money if needed to help finance its massive COVID-19 spending plans, reviving a measure used during the 2008 financial crisis.
Saudi Arabia buys stakes in four big European oil firms – source
[ad_1] LONDON (Reuters) – Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has accumulated stakes in four major European oil companies, a source familiar with the transaction said. Filled oil drums are seen