[ad_1] FILE PHOTO: A Norwegian Air Boeing 737-800 lands at Riga International Airport in Riga, Latvia, January 17, 2020. REUTERS/Ints Kalnins/File Photo OSLO (Reuters) – Norwegian Air’s passenger volume fell by 60% year-on-year in March
Rolls-Royce to ditch targets and suspend dividend due to coronavirus – FT
[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 (Reuters) – British aero-engine
Gold firms on safe-haven demand, but stronger dollar caps gains
[ad_1] (Reuters) – Gold prices edged up on Monday as demand for the safe-haven metal rose due to worries over the economic impact from the coronavirus pandemic, but gains were capped by a firm dollar
Wells Fargo caps role in coronavirus rescue program at $10 billion
[ad_1] (Reuters) – Wells Fargo & Co (WFC.N) said late Sunday that it will cap its participation in the U.S. government’s small business coronavirus rescue program at $10 billion due to regulatory constraints. The $350
Exclusive: Silver Lake to seek more than $16 billion for buyout fund – sources
[ad_1] (Reuters) – Private equity firm Silver Lake Partners is preparing to seek at least $16 billion from investors for its sixth flagship buyout fund, braving the economic uncertainty of the coronavirus outbreak, according to
Capital One says it won’t use CFTC waiver related to oil lending
[ad_1] WASHINGTON (Reuters) – U.S. lender Capital One Financial Corp said on Saturday it would not use a U.S. Commodity Futures Trading Commission (CFTC) waiver after commodity price volatility lifted the bank’s derivatives exposure toward
Norway may cut its oil output if other big producers agree deal – minister
[ad_1] OSLO (Reuters) – Western Europe’s largest oil and gas producer Norway said on Saturday it would consider cutting its oil production if a global deal to curb supply is agreed by the world’s biggest
China’s Luckin Coffee says business will continue amid financial fraud probe
[ad_1] FILE PHOTO: A cup of ‘Luckin Coffee,’ coffee is displayed during the company’s IPO at the Nasdaq Market site in New York, U.S., May 17, 2019. REUTERS/Brendan McDermid/File Photo BEIJING (Reuters) – Luckin Coffee
India reassures banks of capital infusion: sources
[ad_1] NEW DELHI/MUMBAI (Reuters) – India has assured state banks it is ready to provide capital support as the coronavirus pandemic may lead to a surge in bad loans when economic growth is slowing, three
UAE to boost strategic stockpile, waive visa fines over coronavirus
[ad_1] DUBAI (Reuters) – The United Arab Emirates will reinforce its stockpile of strategic goods and waive residency visa fines for the rest of the year in response to the coronavirus outbreak, its vice president