NEW YORK: Shares in US airlines fell sharply on Wednesday (Mar 18) after Washington proposed a rescue package of US$50 billion in loans, but no grants as the industry had requested, to help address the financial impact from the deepening coronavirus crisis. The Trump administration's lending ...
Tesla Inc is preparing to reduce staffing by about 75per cent at its lone U.S. assembly plant after initially resisting an order from the local sheriff, Bloomberg News reported on Wednesday, citing a county spokesman.
NEW YORK: Intercontinental Exchange Inc said the New York Stock Exchange (NYSE) will temporarily close the trading floors and move fully to electronic trading beginning on Monday due to the coronavirus outbreak. Trading and regulatory oversight of all NYSE-listed securities will continue without ...
Intercontinental Exchange Inc said the New York Stock Exchange (NYSE) will temporarily close the trading floors and move fully to electronic trading beginning Monday due to the coronavirus outbreak.
Facebook Inc CEO Mark Zuckerberg said on Wednesday that the company was moving moderation of its most sensitive content, including self-harm and counter terrorism, from contractors to full-time employees during the coronavirus outbreak.
Shares in U.S. airlines fell sharply on Wednesday after Washington proposed a rescue package of US$50 billion in loans, but no grants as the industry had requested, to help address the financial impact from the deepening coronavirus crisis.
EMS, Switzerland: Britain faces a "massive shortage" of ventilators that will be needed to treat critically-ill patients suffering from coronavirus, after it failed to invest enough in intensive care equipment, a leading ventilator manufacturer said on Wednesday (Mar 18). "England is very poorly ...
Borrowing costs in the United States, euro zone, Britain and Japan surged on Wednesday after two days in which governments across the globe announced trillions of dollars of spending to support locked-down economies frozen by the coronavirus.
As Wall Street extended its deep sell-off on Friday over fears about the coronavirus, the Dow Jones Industrial Average erased the last of the once sizeable gains it made under U.S. President Donald Trump.
NEW YORK: Trading on Wall Street was halted again on Wednesday (Mar 18) due to rising fear about the economic hit from the coronavirus in spite of massive government stimulus announcements. The 15-minute trading suspension was triggered by a seven per cent drop in the S&P 500, which was at...
