The U.S. economy is showing signs of a turnaround as businesses reopen, but the pace of the recovery is being slowed by large-scale outbreaks in some states and it could be years before the economy is back at full strength, New York Federal Reserve Bank President John Williams said...
LOS GATOS, California: Netflix will allocate 2 per cent, or about US$100 million, of its cash holdings to financial institutions and organizations that directly support African American communities in the United States, the streaming giant said on Tuesday. The company said in a blog post it will ...
LONDON: From a January lockdown in a Chinese province to 10 million infections worldwide, the coronavirus' march across the globe has buffeted markets at every step these past six months, roiling the very plumbing of the global financial system. Market panic and economic devastation from lockdowns ...
Citroen's latest C4 model will go on sale in the fourth quarter of this year, with the French carmaker aiming to expand in the compact car market, the head of PSA-owned Citroen told Reuters on Tuesday.
IPhone maker Apple, the target of EU antitrust investigations into key segments of its business, on Tuesday rejected accusations of market dominance, saying it competes with Google, Samsung and other rivals.
The Federal Reserve's promise in the early days of the coronavirus pandemic to flood the U.S. economy with trillions of dollars seemed like the proverbial central bank bazooka.
LONDON: More joined up rules may be needed across the payments sector after the collapse of Germany's Wirecard AG, Bank for International Settlements president Augustin Carstens said. Wirecard's demise has thrown a spotlight on payments, which is one of the fastest growing sectors in financial ...
U.S. index futures dipped on the last trading day of the second quarter on Tuesday as coronavirus-related worries and simmering U.S.-China tensions weighed on sentiment at the end of what is expected to be the S&P 500's best quarter since 1998.
Collapsing demand from rental car companies, corporations and government agencies has sapped U.S. auto sales during the coronavirus pandemic and a recovery will likely be slow, threatening auto workers whose jobs depend on fleet sales.
"This is white supremacy. This is institutionalized racism," Aaisha Joseph, an executive assistant in New York City, posted on Microsoft Corp's LinkedIn in early June, calling out the Black leadership vacuum at tech giants.
