[ad_1] WASHINGTON (Reuters) – Millions more Americans filed for unemployment benefits last week, more than two months after a shutdown of the country to deal with the coronavirus crisis, pointing to a second wave of
Wall Street slips on rising U.S.-China tensions, recovery worries
[ad_1] (Reuters) – Wall Street’s main indexes eased on Thursday from more than two-month highs hit in the previous session, as growing Sino-U.S. tensions and concerns about a rebound from a coronavirus-led economic slump hit
Southwest to limit seats sold on each flight through July – CEO
[ad_1] FILE PHOTO: A number of grounded Southwest Airlines Boeing 737 MAX 8 aircraft are shown parked at Victorville Airport in Victorville, California, U.S., March 26, 2019. REUTERS/Mike Blake/File Photo (Reuters) – Southwest Airlines Co
Tourist trade in annexed Crimea on brink as coronavirus bites
[ad_1] MOSCOW (Reuters) – Crimean hostel owner Natalia Kirichenko has given up hope of hosting guests this summer as the coronavirus outbreak threatens to ruin the economy of the tourism-dependent region that Russia annexed from
U.S. says pulling out of Open Skies treaty, citing Russian violations
[ad_1] WASHINGTON (Reuters) – The United States announced its intention to withdraw from the 35-nation Open Skies treaty that permits unarmed aerial surveillance flights over participating countries, saying Russia has repeatedly violated the pact’s terms.
Macy’s warns of up to $1 billion quarterly loss due to lockdowns
[ad_1] (Reuters) – Macy’s Inc said on Thursday it could rack up operating losses of up to $1.11 billion in the first quarter, as the department store operator was forced to shut stores due to
Global Markets: Shares lose footing, oil marches on
[ad_1] LONDON (Reuters) – Equity markets slipped on Thursday on concerns about the long-term impact of the new coronavirus and simmering U.S.-China tensions, though those worries couldn’t stop oil prices from marching to a 2-1/2
Focus: Gap rushes in more robots to warehouses to solve virus disruption
[ad_1] SAN FRANCISCO (Reuters) – U.S. apparel chain Gap Inc is speeding up its rollout of warehouse robots for assembling online orders so it can limit human contact during the coronavirus pandemic, the company told
Sensex, Nifty end higher as travel curbs eased; airlines, ITC surge
[ad_1] BENGALURU (Reuters) – Indian shares ended higher on Thursday for the third consecutive session as the country eased curbs on air and rail travel, in a further relaxation of a weeks-long coronavirus lockdown that
In SoftBank slides, tofu, a goose and unicorns underpin sales pitch
[ad_1] TOKYO (Reuters) – A chastened Masayoshi Son summed up SoftBank Group Corp’s (9984.T) record $13 billion operating loss on stage this week with a striking image: unicorns tumbling into the “valley of the coronavirus”.