[ad_1] LONDON (Reuters) – Top exporter Saudi Arabia has chartered an armada of ships to flood the market with additional oil, but in the process has driven freight costs so high refiners are reluctant to

[ad_1] LONDON (Reuters) – As fears of a global coronavirus-driven recession fuel a sell off in corporate debt, fund managers are bracing for a wave of redemptions, leaving the fate of credit funds that have

[ad_1] FILE PHOTO – Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2020. REUTERS/Lucas Jackson (Reuters) – U.S. stocks futures pared losses on Monday after

[ad_1] LONDON/SYDNEY/HONG KONG (Reuters) – Financial markets around the world took another hammering on Monday as a rising tide of national coronavirus lockdowns threatened to overwhelm policymakers’ frantic efforts to cushion what is likely to

[ad_1] A LVMH luxury group logo is seen prior to the announcement of their 2019 results in Paris, France, January 28, 2020. REUTERS/Christian Hartmann/Files PARIS (Reuters) – Louis Vuitton owner LVMH (LVMH.PA) said on Monday

[ad_1] A policeman stands guard at the entrance of the Reserve Bank of India (RBI) headquarters in Mumbai, India, April 4, 2019. REUTERS/Francis Mascarenhas MUMBAI (Reuters) – The Reserve Bank of India stepped in to

[ad_1] MUMBAI/NEW DELHI (Reuters) – Indian authorities are considering allowing corporate bonds as collateral for repurchase operations as they seek to cool the recent spike in corporate borrowing costs in the wake of the coronavirus

[ad_1] SYDNEY (Reuters) – Airlines cancelled more flights on Monday as Australia and New Zealand warned against non-essential domestic travel, the United Arab Emirates (UAE) halted flights for two weeks and Singapore and Taiwan banned

[ad_1] FILE PHOTO: FILE PHOTO: Japan’s SoftBank Group Corp Chief Executive Masayoshi Son bows his head after his presentation at a news conference in Tokyo, Japan, November 5, 2018. REUTERS/Kim Kyung-Hoon -/File Photo TOKYO (Reuters)

[ad_1] SHANGHAI (Reuters) – Researchers at one of China’s top universities have designed a robot they say could help save lives on the frontline during the coronavirus outbreak. The machine consists of a robotic arm