[ad_1] (Reuters) – Shares of Zoom fell 8% on Monday, adding to their sharp declines in the past few days, as the video conferencing app battles privacy concerns and increased competition from deep-pocketed rivals. The
S&P 500 set to recoup $1 trillion in value as coronavirus deaths slow
[ad_1] (Reuters) – The S&P 500 was on track to recoup about $1 trillion in market value on Monday in a frantic rally after New York, the biggest U.S. coronavirus hot spot, reported a fall
U.S. energy secretary hopeful Saudi, Russia to end oil row this week
[ad_1] WASHINGTON (Reuters) – U.S. Energy Secretary Dan Brouillette said on Monday that after speaking with the energy ministers of Saudi Arabia and Russia he believes the countries will cut oil output and end their
Gold scales more than 3-week peak as coronavirus hits global economies
[ad_1] (Reuters) – Gold jumped 1.5% to a more than three-week high on Monday as worries over a global economic slowdown caused by the coronavirus pandemic drove investors to the safe-haven metal. FILE PHOTO: Newly
JPMorgan CEO Dimon calls ‘bad recession’, mulls suspending 2020 dividend
[ad_1] (Reuters) – JPMorgan Chase & Co’s top boss Jamie Dimon on Monday said he sees a “bad recession” in 2020, and that the largest U.S. bank could suspend its dividend if the coronavirus crisis
North Indians turn on to Modi’s ‘lights off’ call, South Indians less swayed
[ad_1] CHENNAI, India (Reuters) – Power demand around India shows how many nationwide heeded Prime Minister Narendra Modi’s call to switch off their lights on Sunday and burn candles instead to “challenge the darkness” of
Japan’s Abe unveils ‘massive’ coronavirus stimulus worth 20% of GDP
[ad_1] TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe pledged on Monday to roll out an unprecedented economic stimulus package, equal to 20% of economic output, as his government vowed to take “all steps” to
Peugeot parent secures further 3 billion euros of loans
[ad_1] PARIS (Reuters) – Peugeot-owner PSA said on Monday it had secured a further 3 billion euros ($3.3 billion) of loans, strengthening its financial position in the wake of the hit to the global automotive
Swiss face shortage of ethanol for disinfectant after abandoning stockpile
[ad_1] ZURICH (Reuters) – Switzerland faces a shortage of the raw material needed to make disinfectant to tackle the coronavirus pandemic after the country abandoned its emergency reserve of 10,000 tonnes of ethanol two years
Rolls-Royce scraps targets, dividend on pandemic hit
[ad_1] Rolls Royce engine of the first Fiji Airways A350 XWB airliner is seen at the aircraft builder’s headquarters of Airbus in Colomiers near Toulouse, France, November 15, 2019. REUTERS/Regis Duvignau/Files LONDON (Reuters) – British