[ad_1] LONDON (Reuters) – Thousands of London’s underwriters took their stamps and fountain pens home last week, which they use to sign insurance contracts, but they won’t need them. FILE PHOTO: A man works at
Saudi Arabia says no talks on new oil deal, Moscow suggests larger OPEC+
[ad_1] MOSCOW/DUBAI/LONDON (Reuters) – Saudi Arabia said on Friday it was not in talks with Russia to balance oil markets despite rising pressure from Washington to stop a price rout amid the coronavirus pandemic and
Condom shortage looms after coronavirus lockdown shuts world’s top producer
[ad_1] KUALA LUMPUR (Reuters) – A global shortage of condoms is looming, the world’s biggest producer said, after a coronavirus lockdown forced it to shut down production. FILE PHOTO: A worker performs a test on
Google-parent Alphabet to donate $800 million in response to coronavirus crisis
[ad_1] FILE PHOTO: The logo of Google is seen in Davos, Switzerland Januar 20, 2020. Picture taken January 20, 2020. REUTERS/Arnd Wiegmann/File Photo (Reuters) – Alphabet Inc (GOOGL.O) will donate more than $800 million (645
SoftBank-backed OneWeb files for Chapter 11 bankruptcy plan, cuts jobs
[ad_1] (Reuters) – OneWeb, the satellite operator backed by Japan’s SoftBank Group Corp (9984.T), said it has filed for Chapter 11 bankruptcy to pursue a sale of its business and has cut its workforce amid
Bosch develops Corona test tool to detect virus in under 3 hours
[ad_1] FRANKFURT (Reuters) – Robert Bosch on Thursday said it has developed a diagnostic tool for detecting the coronavirus SARS-CoV-2 in under three hours, potentially aiding the challenge of understanding how far the virus has
Fed working to bolster credit during ‘self-mandated’ recession: Kaplan
[ad_1] (Reuters) – A raft of programs from the U.S. central bank and a $2 trillion rescue bill nearing approval in Congress are aimed at providing relief during a “self-mandated” recession “so that when the
IMF says world already in recession, emerging markets need $2.5 trillion
[ad_1] WASHINGTON (Reuters) – The coronavirus has already plunged the global economy into recession, IMF Managing Director Kristalina Georgieva said on Friday, adding immense pressure on emerging markets suffering from lost commerce, reduced exports and
Vedanta CEO Venkatakrishnan resigns; zinc unit head named interim chief
[ad_1] (Reuters) – Diversified miner Vedanta Ltd said on Friday Chief Executive Officer S Venkatakrishnan has resigned due to personal reasons, less than two years after he took the helm. Sunil Duggal, current head of
H&M starts protective face mask production at Chinese supplier
[ad_1] FILE PHOTO: H&M logo is seen on a shop in Riga, Latvia January 30, 2020. REUTERS/Ints Kalnins/File Photo STOCKHOLM (Reuters) – Sweden’s H&M, the world’s second-biggest fashion retailer, said on Friday it had started