[ad_1] WASHINGTON (Reuters) – IMF Managing Director Kristalina Georgieva on Monday said over 20 additional countries have asked about receiving aid from the global lender as the coronavirus pandemic halts economic activity, and she called
As panic selloff grips investors, their kids need lunch
[ad_1] SAN FRANCISCO (Reuters) – As Wall Street suffered its worst one-day rout in three decades on Monday, financial professionals managed the historic selloff with the added distraction of children needing lunch and dogs barking
‘Single biggest shock’ – Airlines, airports battle coronavirus cash crunch
[ad_1] SYDNEY (Reuters) – Airlines and airport operators said they are taking steps such as suspending dividends, selling and leasing back airplanes and flying cargo on empty passenger jets as they grapple with a cash
Amazon to hire 100,000 workers as online orders surge on coronavirus worries
[ad_1] (Reuters) – Amazon.com Inc (AMZN.O) on Monday said it would hire 100,000 warehouse and delivery workers in the United States to deal with a surge in online orders, as many consumers have turned to
Oil slumps below $30/bbl as coronavirus spreads, OPEC rancour remains elevated
[ad_1] NEW YORK (Reuters) – Oil prices fell below $30 a barrel on Monday after the worldwide coronavirus outbreak worsened over the weekend, exacerbating fears that government lockdowns to contain the spread of the disease
Brought to the brink by coronavirus, airlines seek emergency aid
[ad_1] LONDON/PARIS (Reuters) – Airlines made unprecedented cuts to flights, costs and staffing on Monday, stepping up calls for emergency aid as coronavirus lockdowns and new travel restrictions hit more major routes. Already battered shares
In Florida retirement hub, more worry about stock market collapse than getting sick from coronavirus
[ad_1] THE VILLAGES, Fla. (Reuters) – Across the Villages, a sprawling retirement community with more than 115,000 residents in the vital political battleground of Florida, reactions to the growing coronavirus crisis are invariably colored by
Airlines slash schedules, jobs and pay after new travel restrictions
[ad_1] SYDNEY/CHICAGO (Reuters) – Airlines around the world said they would make more drastic cuts to their flying schedules, shed jobs and seek government aid after countries further tightened border restrictions because of the fast
White House drafting financial package for U.S. airlines – sources
[ad_1] WASHINGTON (Reuters) – The White House is drafting a financial assistance package is expected to include direct assistance, loans and tax relief in the wake of the steep falloff in U.S. travel demand, officials
What’s in the U.S. coronavirus aid bill?
[ad_1] WASHINGTON (Reuters) – The U.S. House of Representatives passed a multi-billion dollar aid package early on Saturday that aims to limit the economic damage from the coronavirus pandemic. The Republican-controlled Senate is expected to