[ad_1] WASHINGTON (Reuters) – U.S. private payrolls dropped in March for the first time in 2-1/2 years, likely as businesses shut down in compliance with strict measures to contain the coronavirus epidemic, supporting economists’ views
Garment exporter Bangladesh faces $6 billion hit as top retailers cancel
[ad_1] DHAKA (Reuters) – Bangladesh, the second-largest apparel producer after China, is set to lose roughly $6 billion in export revenue this financial year amid cancellations from some of the world’s largest brands and retailers,
Analysts cut Asian firms’ 2020 profit forecasts sharply on coronavirus worries
[ad_1] (Reuters) – Analysts are cutting Asian companies’ 2020 earnings forecasts sharply on concerns that factory shutdowns and social distancing measures to combat the spread of coronavirus will hurt corporate profits badly this year. People
Oil bound for sharper declines, industry experts tell Goldman Sachs
[ad_1] FILE PHOTO: A sign is displayed in the reception of the Sydney offices of Goldman Sachs in Australia, May 18, 2016. REUTERS/David Gray/File Photo (Reuters) – Oil prices could continue to tumble and even
India’s top carmaker Maruti Suzuki reports 16% sales fall
[ad_1] BENGALURU (Reuters) – Sales at India’s biggest carmaker Maruti Suzuki India, which sells one in every two cars in the country, fell 16% in the last fiscal year, hit by a slowing economy and
Recession angst whacks pound as dollar surges
[ad_1] Pound Sterling notes and change are seen inside a cash resgister in a coffee shop in Manchester, Britain, Septem,ber 21, 2018. REUTERS/Phil Noble LONDON (Reuters) – Sterling slipped on Wednesday, losing ground to a
Risk-hedging Chinese investors push commodities markets to record high trades
[ad_1] SHANGHAI (Reuters) – Trading activity on China’s commodities markets is skyrocketing as investors increasingly hedge risks, pushing open interest and trading volumes in the futures markets to record and multi-year highs in March following
Mother of invention: the new gadgets dreamt up to fight coronavirus
[ad_1] LONDON/OAKLAND/BUCHAREST (Reuters) – Driving to work at his factory to the west of London last week, designer Steve Brooks had coronavirus on his mind. What could he make that would let him open a
Gold rises on flight to safety driven by pandemic fears
[ad_1] (Reuters) – Gold rose on Wednesday as fears over a worsening coronavirus pandemic triggered a flight to safety, with expectations of further monetary easing by central banks adding support. FILE PHOTO: Gold bars are
Sensex, Nifty edge lower as coronavirus continues to spread
[ad_1] A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, February 1, 2020. REUTERS/Francis Mascarenhas/File Photo BENGALURU (Reuters) – Indian shares edged lower on Wednesday as coronavirus