[ad_1] (Reuters) – Abbott Laboratories said on Friday it won U.S. marketing approval for a diagnostic test for the coronavirus that can deliver results to patients within minutes and be used in physicians offices and
UK to help stricken businesses by easing regulation

[ad_1] LONDON (Reuters) – Britain will ease the regulations for stricken businesses to help them survive the coronavirus crisis, Business Secretary Alok Sharma said on Saturday. Reporting by Guy Faulconbridge and Paul Sandle Our Standards:The
Exclusive: Amazon entices warehouse employees to grocery unit with higher pay
[ad_1] (Reuters) – Amazon.com Inc (AMZN.O) is offering higher pay to recruit its own warehouse employees to pick and pack Whole Foods groceries amid rising demand and a worker shortage, according to an internal document
Turkey limits transport, opposition calls for ‘stay-at-home’ order over virus
[ad_1] ANKARA (Reuters) – Turkey halted inter-city trains and limited domestic flights on Saturday, as the main opposition called for a stay-at-home order after coronavirus cases jumped by a third in a day. FILE PHOTO:
A U.S. recession? Probably. Depression? Only if the virus is untamed
[ad_1] WASHINGTON – A U.S. recession may already be underway. Could it be worse? FILE PHOTO: A deli is seen closed, due to the outbreak of the coronavirus disease (COVID-19) in the Brooklyn borough of
Turkey halts intercity trains, limits domestic flights over virus outbreak
[ad_1] ANKARA (Reuters) – Turkey halted all intercity trains and limited domestic flights on Saturday as part of measures to contain a fast-growing coronavirus outbreak, as the number of cases jumped by a third in
Fitch cuts UK’s rating on coronavirus debt surge
[ad_1] LONDON/BENGALURU, India (Reuters) – Ratings agency Fitch cut Britain’s sovereign debt rating on Friday, saying the country’s debt levels would jump as the government ramped up its spending to offset the near shutdown of
U.S. airlines cheer government relief but warn it is no ‘cure’ for deep industry crisis
[ad_1] CHICAGO (Reuters) – United Airlines Holdings Inc (UAL.O) and Delta Air Lines (DAL.N) welcomed on Friday a $50 billion (40.1 billion pounds) relief package they said would protect jobs through September but warned that
Graphic: Cash handouts and bond buying: $10 trillion-plus deployed against virus
[ad_1] LONDON (Reuters) – More than 300 basis points in combined interest rate cuts, a tenth of annual output in central bank stimulus and $5 trillion (4.01 trillion pounds) of new government spending and credit
India asks state-run power producers to ensure supply
[ad_1] CHENNAI, India (Reuters) – India’s power ministry said on Saturday state-run firms will supply electricity to distribution companies including ones with large payments due, to ensure supply to people whose ability to pay bills