[ad_1] (Reuters) – Swiss drugmaker Roche Holding AG (ROG.S) said on Wednesday it was in talks with the UK government to roll out its coronavirus antibody test kits in the country after Public Health England
Oil prices edge higher on surprise U.S. stock drawdown, but demand concerns linger
[ad_1] SEOUL (Reuters) – Oil prices crept up on Thursday, supported by a surprise decline of U.S. crude inventories, but gains were capped by worries that a potential second wave of the coronavirus pandemic might
Asian stocks set to slide on U.S. Fed fears, interest rate stance
[ad_1] (Reuters) – Asian equities were set to slump on Thursday after the head of the Federal Reserve warned of a “significantly worse” U.S. recession than any downturn since World War Two because of coronavirus
Wall Street ends down on Powell’s sober outlook, call to Congress for help
[ad_1] New York (Reuters) – The S&P 500 closed lower for the second day in a row after Federal Reserve Chairman Jerome Powell warned on Wednesday of extended economic weakness due to the coronavirus pandemic
Exclusive: Thyssenkrupp, Fincantieri in talks to form warship champion – source
[ad_1] FRANKFURT/DUESSELDORF/BERLIN (Reuters) – Thyssenkrupp (TKAG.DE) is exploring several strategic options for its warship unit, ranging from combining it with Italy’s Fincantieri (FCT.MI) to creating a national champion with German peers, a person familiar with
Iraq agrees with oil majors to cut output, but short of OPEC+ target
[ad_1] BASRA, Iraq/ BAGHDAD (Reuters) – Iraq is cutting its oil output by around 700,000 barrels per day (bpd), a third less than required under an OPEC+ supply pact, after it failed to persuade international
Tesla, California county reach deal to reopen U.S. plant next week
[ad_1] (Reuters) – Tesla Inc (TSLA.O) and officials in California have resolved their acrimonious clash over safety procedures at the automaker’s sole U.S. assembly plant with a deal that allows production to resume as early
In nod to grim U.S. outlook, Fed’s Powell calls for more fiscal support
[ad_1] WASHINGTON (Reuters) – The head of the Federal Reserve warned on Wednesday of an “extended period” of weak economic growth, vowed to use the U.S. central bank’s power as needed, and called for additional
African e-commerce giant Jumia cuts costs, hopes for lockdown boost
[ad_1] LAGOS (Reuters) – Struggling e-commerce platform Jumia Technologies reported an almost 7 percent fall in first quarter revenue due to supply chain disruptions, particularly in China, but saw lower cash burn and signs that
CEO of Amazon, Berkshire, JPMorgan healthcare JV to step down
[ad_1] (Reuters) – Harvard surgeon and author Atul Gawande will step down as chief executive officer to take on the role of chairman at Haven, the healthcare joint venture of Amazon.com Inc (AMZN.O), Berkshire Hathaway