[ad_1] BENGALURU (Reuters) – The global economy is already in a recession as the hit to economic activity from the coronavirus pandemic has become more widespread, according to economists polled by Reuters amid a raft
Governments offer financial lifelines to airlines, at a price
[ad_1] SYDNEY/WASHINGTON (Reuters) – Shattered airlines were left counting the cost of government support as politicians in the United States and New Zealand set out conditions for bailouts needed to absorb the shock of coronavirus.
Fast food chains easing rent, fees for franchisees amid coronavirus
[ad_1] NEW YORK (Reuters) – Dunkin’ Brands Group Inc on Thursday said it will ease royalty and advertising fee payments for franchisees in the United States and Canada, while McDonald’s Corp (MCD.N) is in talks
Wall Street ends higher to stem coronavirus selloff
[ad_1] NEW YORK (Reuters) – U.S. stocks managed to post gains on Thursday after recent steep losses as policymakers around the world took further emergency actions to try to help financial markets cope with deep
Wall Street ends higher to stem coronavirus selloff
[ad_1] NEW YORK (Reuters) – U.S. stocks managed to post gains on Thursday after recent steep losses as policymakers around the world took further emergency actions to try to help financial markets cope with deep
U.S. oil reverses losses, posts largest one-day gain on record
[ad_1] NEW YORK (Reuters) – U.S. crude oil prices spiked by 25% on Thursday, the largest single-day gain on record, recouping some losses from three days of selling that drove the benchmark to near 20-year
Stock markets extend gains as policymakers pull out all the stops
[ad_1] WASHINGTON/LONDON (Reuters) – European and U.S. stocks extended gains on Thursday after initially dropping, in a sign of tentatively more stable markets, as the Federal Reserve and other central banks across the world moved
Netflix to cut European traffic by 25% due to coronavirus
[ad_1] Small toy figures are seen in front of diplayed Netflix logo in this illustration taken March 19, 2020. REUTERS/Dado Ruvic/Illustration BRUSSELS (Reuters) – Netflix said on Thursday it would reduce its bit rates across
Faced with shortages, EU plans stockpiling medical gear
[ad_1] BRUSSELS (Reuters) – The European Commission decided on Thursday to set up a stockpile of face masks, intensive care equipment and other essential medical gear to tackle shortages in Europe in the face of
Disney says coronavirus could impact consumer behavior
[ad_1] General view of a farewell event at Disney World on the final night before closure due to coronavirus concerns, in Orlando, Florida, U.S., March 15, 2020, in this picture obtained from social media. Picture