[ad_1] NEW DELHI/SINGAPORE (Reuters) – India’s liquefied petroleum gas (LPG) imports are set to surge in the June quarter as a move to provide free cooking gas coincides with lower crude processing by refiners hit
Gold rises as coronavirus spreads, U.S. restrictions fuel safe-haven bids
[ad_1] (Reuters) – Gold prices inched up on Monday after an extension of restrictions in the United States exacerbated concerns about the economic toll of the coronavirus pandemic, driving investors to safe-haven assets. FILE PHOTO:
‘The watermelons will rot:’ U.S. visa confusion in Mexico keeps out agriculture workers
[ad_1] MONTERREY/CHICAGO (Reuters) – It’s watermelon season in Florida. But as the top U.S. watermelon-producing state prepares for harvest, many of the workers needed to collect the crop are stuck in Mexico, unable to secure
Lockdown set to stymie Fiat attempt to restart some Italian production
[ad_1] MILAN (Reuters) – A probable extension of Italy’s lockdown could frustrate an attempt by Fiat Chrysler to resume some vehicle production at three Italian plants next week, a union representative said on Monday. Italy
Wall Street gains as U.S. extends shutdown to limit virus spread
[ad_1] (Reuters) – U.S. stocks rose on Monday as President Donald Trump followed last week’s massive fiscal stimulus package by extending his stay-at-home guidelines, leaving investors hopeful the economic impact of the coronavirus could still
Exclusive: India may slash borrowing from market in April amid lockdown – sources
[ad_1] MUMBAI/NEW DELHI (Reuters) – India may slash or even cancel its planned borrowings from the market for April amid a nationwide lockdown prompted by the coronavirus outbreak, two finance ministry sources told Reuters. An
Barclays sets 2050 ‘net zero’ carbon goal after investor pressure
[ad_1] LONDON (Reuters) – Barclays drew cautious investor support on Monday for setting itself an ambition to reach ‘net zero’ for its own carbon emissions and the activities it finances by 2050. FILE PHOTO: People
South Africa’s rand crashes to all-time low after Moody’s pulls the plug
[ad_1] JOHANNESBURG (Reuters) – South Africa’s rand plunged to an all-time low on Monday, falling below 18.00 to a dollar after ratings firm Moody’s cut the country’s last investment grade credit rating to “junk”, adding
Oil plunges to 2002 lows, shares sink again
[ad_1] LONDON (Reuters) – Oil took another stomach-churning 8% dive on Monday and world shares buckled again as fears mounted that the global coronavirus shutdown could last for months. There were some bright spots, with
G20 trade ministers to hold emergency video conference on Monday
[ad_1] TOKYO (Reuters) – Group of 20 trade ministers will hold an emergency video conference from 1200 GMT on Monday to discuss cooperation on supply chains, Japan’s foreign ministry said. Japan’s trade minister Hiroshi Kajiyama