[ad_1] TOKYO (Reuters) – Asian shares gained on Wednesday in the wake of Wall Street’s massive rebound as U.S. senators and Trump administration officials reached an agreement on a giant economic stimulus bill to alleviate
Treat with caution: rocketing stocks aren’t cause for comfort
[ad_1] NEW YORK (Reuters) – Those pining for a bottom to the gut-wrenching stock market selloff may be disappointed to learn that mega one-day rallies like the historic one witnessed on Tuesday are typically not
India bans export of key malaria drug amid coronavirus outbreak
[ad_1] NEW DELHI (Reuters) – The Indian government said on Wednesday that it is banning the export of hydroxychloroquine and formulations made from the medication, as experts test the efficacy of the drug in helping
U.S. automakers to extend shutdown into April – sources
[ad_1] WASHINGTON (Reuters) – Detroit’s Big Three automakers plan to extend a current shutdown of vehicle production in North America into April as the coronavirus pandemic continues, people briefed on the matter said Tuesday. FILE
Exclusive: Boeing plans 737 MAX production restart by May – sources
[ad_1] SEATTLE (Reuters) – Boeing Co plans to restart 737 MAX production by May, ending a months-long halt triggered by a safety ban on its best-selling jet after fatal crashes, people familiar with the matter
Coronavirus rate cuts to tug most Asian bond yields even lower: Reuters poll
[ad_1] BENGALURU (Reuters) – Yields on sovereign bonds across most major Asian economies will fall further over the coming year, after already being yanked down following emergency interest rate cuts by central banks to counter
U.S. Congress still awaits $2 trillion coronavirus aid deal
[ad_1] WASHINGTON (Reuters) – Democrats and Republicans in the divided U.S. Congress said they were close to a deal on a $2 trillion stimulus package to limit the coronavirus pandemic’s economic toll, but a vote
AB InBev scraps 2020 outlook as coronavirus crisis expands
[ad_1] BRUSSELS (Reuters) – Anheuser-Busch InBev, the world’s largest brewer, said on Tuesday it was scrapping its 2020 outlook as the scale of the coronavirus increased. The Belgium-based maker of Budweiser, Stella Artois and Corona
Coronavirus redraws battle lines on airline emissions
[ad_1] PARIS/BRUSSELS (Reuters) – European airlines crippled by the coronavirus have demanded lasting relief from environmental taxes – in a move that pits their immediate survival against longer-term emissions goals. FILE PHOTO: American Airlines passenger
As customers hoard pot brownies, North American weed firms see lockdown boost
[ad_1] (Reuters) – Cannabis sales are touching new highs as customers across the United States and Canada stockpile weed to prepare for long spells of isolation because of the coronavirus pandemic. FILE PHOTO: Customers are