[ad_1] (Reuters) – Wall Street rose on Wednesday on hopes the coronavirus outbreak in the United States was close to its peak, with health insurers boosted by Democratic presidential candidate Bernie Sanders suspending his campaign.
Toyota extends North American plant shutdown; will stop paying 5,000 temporary workers
[ad_1] FILE PHOTO: A man walks past a Toyota logo at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su/File Photo WASHINGTON (Reuters) – Toyota Motor Corp said Wednesday it plans to
Exclusive: U.S. Treasury wants details on airline debt, liquidity, loyalty programs – sources
[ad_1] CHICAGO/WASHINGTON (Reuters) – U.S. Treasury officials have asked airlines seeking government payroll support to provide additional detailed information on capital structure, liquidity and loyalty programs, people briefed on the matter told Reuters. FILE PHOTO:
Exclusive: To help small firms, India seen unveiling second coronavirus stimulus worth $13 billion
[ad_1] NEW DELHI (Reuters) – A second stimulus package India is poised to announce in coming days will be worth around 1 trillion rupees ($13 billion) and focus on help for small and medium businesses
Coronavirus pandemic to shrink German economy by record 9.8% in second quarter
[ad_1] BERLIN (Reuters) – Germany’s economy, Europe’s largest, will probably shrink by 9.8% in the second quarter, its biggest decline since records began in 1970, due to measures imposed to slow the spread of the
British bank bosses take pay cuts amid coronavirus fallout
[ad_1] LONDON (Reuters) – Top executives at British lenders HSBC, Standard Chartered and NatWest said on Wednesday they would take salary cuts after pressure on bankers to show solidarity with customers struggling to make ends
Gold prices hold steady as markets await Fed minutes
[ad_1] (Reuters) – Gold prices held steady on Wednesday as investors awaited the release of minutes from the U.S. Federal Reserve’s policy meeting, which is expected to provide further clues on stimulus measures amid rapid
WTO sees ‘ugly’ trade plunge worse than in financial crisis
[ad_1] BRUSSELS (Reuters) – The World Trade Organization on Wednesday forecast that goods trade would shrink more steeply this year than in the global financial crisis a decade ago before rebounding in 2021 as the
Zoom hires former Facebook security chief to beef up privacy, safety
[ad_1] Former Facebook Chief Security Officer Alex Stamos gives a keynote address during the Black Hat information security conference in Las Vegas, Nevada, U.S. July 26, 2017. REUTERS/Steve Marcus/File Photo (Reuters) – Zoom Video Communications
Global stocks turn negative as virus death toll mounts
[ad_1] LONDON (Reuters) – World stocks turned negative on Wednesday as the coronavirus death toll mounted and euro zone finance ministers failed to agree a rescue package to help economies recover from the impact of