[ad_1] FRANKFURT (Reuters) – German airline Lufthansa warned on Wednesday that it might need to apply for protection from creditors if its state-backed bailout deal failed to win sufficient support at a shareholder vote on
[ad_1] BERLIN (Reuters) – Chancellor Angela Merkel’s cabinet on Wednesday passed another extra budget to finance its bumper stimulus package, pushing up overall new borrowing to a record 218.5 billion euros ($245.35 billion) this year
[ad_1] FILE PHOTO: A view shows railroad freight cars, including oil tanks, in Omsk, Russia May 1, 2020. Picture taken May 1, 2020. REUTERS/Alexey Malgavko/File Photo NEW YORK (Reuters) – Oil prices settled lower on
[ad_1] FILE PHOTO: Federal Reserve Bank of Atlanta President Raphael Bostic participates in a panel discussion at the American Economic Association/Allied Social Science Association (ASSA) 2019 meeting in Atlanta, Georgia, U.S., January 4, 2019. REUTERS/Christopher
[ad_1] MEXICO CITY (Reuters) – Walmart’s Mexican unit has launched a mobile phone service available throughout the country, the retailer said on Wednesday. Called “Bodega Aurrera Internet y Telefonia,” or BAIT, the service offering prepaid
[ad_1] BEIJING/SHANGHAI (Reuters) – Geely Automobile Holdings Ltd said on Wednesday its board had approved a preliminary proposal for the possible issue of renminbi shares and a listing on mainland China’s Nasdaq-like STAR board. The
[ad_1] LONDON (Reuters) – The world faces an oil surplus in 2020 even as demand gradually recovers and record supply cuts by producers help rebalance the market, according to OPEC forecasts on Wednesday. FILE PHOTO:
[ad_1] (Reuters) – The S&P 500 and the Dow edged lower in choppy trading on Wednesday as a record rise in coronavirus cases in six U.S. states dented sentiment following a three-day rally on hopes
[ad_1] (Reuters) – Wall Street’s main indexes were set to open higher on Wednesday, building on their three-day rally as signs of more official stimulus supported hopes of an economic recovery, even as six U.S.
[ad_1] LONDON (Reuters) – Europe’s shares added to their best gains in almost a month as safety plays lost their lustre on Wednesday, with hopes of a rapid economic recovery holding firm against a resurgence
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