[ad_1] WASHINGTON/CHICAGO (Reuters) – A last-ditch effort by the chief executives of major U.S. airlines to try to win cash grants to weather the coronavirus crisis looked to be unsuccessful, four congressional aides and airline
Exclusive: Goldman injects $1 billion into own money-market funds after heavy withdrawals
[ad_1] (Reuters) – Goldman Sachs Group Inc (GS.N) poured more than $1 billion into two of its prime money-market portfolios this week due to heavy investor withdrawals, in what the Wall Street bank described as
Turkish Airlines says 85% of its passenger planes idle due to coronavirus outbreak
[ad_1] An ambulance drives past by a Turkish Airlines (THY) plane from Tehran after landing at Esenboga International Airport in Ankara, Turkey, February 25, 2020. REUTERS/Stringer ANKARA (Reuters) – Turkish Airlines’ board chairman said on
Renault aims to avoid renationalisation – chairman
[ad_1] The logo of Renault carmaker is pictured at a dealership in Les Sorinieres, near Nantes, France, February 19, 2020. REUTERS/Stephane Mahe PARIS (Reuters) – Renault may seek French government guarantees to bolster its finances
Britain has ventilator prototypes, looking to start manufacturing -housing minister
[ad_1] Britain’s Secretary of State for Housing, Communities and Local Government Robert Jenrick is seen outside Downing Street, as the spread of the coronavirus disease (COVID-19) continues, in London, Britain March 17, 2020. REUTERS/Henry Nicholls
Automakers halt production in India due to coronavirus
[ad_1] MUMBAI (Reuters) – India’s biggest automaker Maruti Suzuki India (MRTI.NS) and peers including Mahindra & Mahindra (MAHM.NS), Mercedes-Benz and Fiat Chrysler Automobiles (FCA) (FCHA.MI) said on Sunday they will halt car production in the
Primark to close its 189 stores in UK – Financial Times
[ad_1] (Reuters) – Associated British Foods Plc (ABF.L) intends to close its 189 Primark stores in the United Kingdom from Sunday night after cancelling all new orders from suppliers as demand shrinks due to the
Coronavirus aid bill includes $3,000 for families, $4 trillion liquidity for Fed: Mnuchin
[ad_1] WASHINGTON (Reuters) – The coronavirus economic relief bill being finalized by the U.S. Congress will include a one-time $3,000 payment for families and allow the Federal Reserve to leverage up to $4 trillion of
H&M lines up supply chain to deliver protective gear to hospitals
[ad_1] STOCKHOLM (Reuters) – Sweden’s H&M (HMb.ST), the world’s second-biggest fashion retailer, said on Sunday it would use its vast supply network to source personal protective equipment for hospitals in the European Union to help
Russia blames Gulf nations for oil crash – TASS
[ad_1] MOSCOW (Reuters) – Russia did not seek an end to cooperation with OPEC or a sharp drop in oil prices, a senior Russian official told the TASS news agency, saying the Gulf nations are