[ad_1] SINGAPORE (Reuters) – A two-day equities rally lost momentum on Thursday, and investors sold riskier currencies, as stimulus negotiations dragged on in Washington and investors fretted over a likely spike in U.S. jobless claims.
Airbnb says U.S. coronavirus stimulus bill could offer its hosts some relief
[ad_1] FILE PHOTO: The Airbnb logo is seen on a little mini pyramid under the glass Pyramid of the Louvre museum in Paris, France, March 12, 2019. REUTERS/Charles Platiau/File Photo SAN FRANCISCO (Reuters) – Airbnb
Asian markets tread cautiously ahead of U.S. stimulus, jobs
[ad_1] SINGAPORE (Reuters) – Asian stock markets made a cautious start on Thursday following two days of rallies, as investors await the passage and details of a $2 trillion stimulus package in the United States
Investors look to 2008 for guidance on when to jump back in
[ad_1] LONDON (Reuters) – Investment banks are dusting off models from the 2008 financial crisis to gauge the right time to buy back into stock markets that have plunged 30% from their February record highs
India’s huge outsourcing industry struggles with work-from-home scenario
[ad_1] NEW DELHI/BENGALURU (Reuters) – As the coronavirus pandemic pushes India into a lockdown, the call centres and IT services firms that function as the world’s back office are struggling to piece together work-from-home solutions
Coronavirus exposes U.S. Uber, Lyft drivers’ lack of safety net
[ad_1] (Reuters) – As independent contractors, U.S. ride-hail drivers for Uber and Lyft benefited from soaring trip demand and flexible work hours. FILE PHOTO: Uber and Lyft driver Adama Fofana sprays disinfectant in his car
Do more to stop coronavirus price gouging, U.S. states tell Amazon, Walmart, Facebook
[ad_1] WASHINGTON (Reuters) – A group of 32 U.S. states have a message for the nation’s leading online platforms: You are not doing enough to stop price gouging amid the coronavirus crisis. FILE PHOTO: The
New CEO pay limits loom as investors confront coronavirus crisis
[ad_1] BOSTON/LONDON (Reuters) – The havoc wrought by the coronavirus crisis could give investors leverage to put new limits on CEO pay packages and link them more closely to a range of social and environmental
Canada coronavirus stimulus package promises cash, student loan delays; new measures on the way
[ad_1] OTTAWA (Reuters) – Canada’s C$27 billion ($18.8 billion) aid package will give people affected by the coronavirus outbreak C$2,000 a month and delay student loan repayments, among other measures to boost the economy, Prime
Wall Street struggles to hold on to gains as virus fears return
[ad_1] (Reuters) – Wall Street on Wednesday was unable to sustain strong gains from the previous session as fears about the economic toll of the coronavirus pandemic overshadowed optimism from sweeping fiscal and monetary stimulus