[ad_1] FILE PHOTO: People wait for the start of Grab’s fifth anniversary news conference in Singapore June 6, 2017. REUTERS/Edgar Su/File Photo SINGAPORE (Reuters) – Southeast Asian ride-hailing and payments firm Grab is set to
Gold gains after U.S. Fed ramps up support measures
[ad_1] (Reuters) – Gold rose on Tuesday after the U.S. Federal Reserve widened its program of buying corporate debt to combat the financial toll of the pandemic as worries grow about a second wave of
Tesla negotiating incentives for possible Texas vehicle assembly plant – report
[ad_1] FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the automobile awards “Das Goldene Lenkrad” (The golden steering wheel) given by a German newspaper in Berlin, Germany, November
Fed launches long-awaited Main Street lending program, seeks to reach nonprofits
[ad_1] NEW YORK (Reuters) – The Federal Reserve on Monday launched its Main Street Lending Program, the most complex program undertaken yet by the U.S. central bank to help keep the backbone of the economy
Oil prices ease as coronavirus infections rise
[ad_1] TOKYO (Reuters) – Oil prices dipped on Tuesday on jitters that a rise in coronavirus infections around the world could hurt fuel demand, but hopes that production cuts could be extended kept declines in
Wall Street closes higher as Fed soothes recovery worries
[ad_1] NEW YORK (Reuters) – Wall Street closed higher on Monday following an announcement by the U.S. Federal Reserve regarding its corporate bond purchasing program that boosted investor confidence, which had been wavering amid a
Gold falls over 1% on stronger dollar amid new wave fears
[ad_1] (Reuters) – Gold fell more than 1% on Monday as the dollar hovered near a more than one-week high, but the metal held above $1,700 an ounce, buoyed by fears of a second wave
U.S. FDA revokes emergency use status of drug touted by Trump for COVID-19
[ad_1] (Reuters) – The U.S. Food and Drug Administration on Monday revoked its emergency use authorization for hydroxychloroquine to treat COVID-19, the drug championed by U.S. President Donald Trump to stave off the coronavirus, and
Oil prices rise 2% on optimism around OPEC+ output pact
[ad_1] NEW YORK (Reuters) – Oil prices rose more than 2% on Monday as signs that fuel demand was recovering, while OPEC+ members were complying with a production cut deal, outweighed fears that new coronavirus
United Airlines pledges loyalty program for $5 billion loan
[ad_1] CHICAGO (Reuters) – United Airlines said on Monday it is pledging its MileagePlus frequent flyer program for a new $5 billion loan aimed at further buffering its liquidity, even as its cash burn rate