Markets

Citigroup Inc will provide more than 75,000 employees globally with a special compensation award to help ease the financial burden of the coronavirus pandemic, Chief Executive Michael Corbat told staff in a memo seen by Reuters.

Boeing Co said on Monday it will halt production temporarily at its Washington state twin-aisle jetliner factory due to risks from coronavirus, confirming an earlier Reuters report.

General Motors Co said on Monday it is studying the feasibility of building ventilators under its partnership with Ventec Life Systems at the No. 1 U.S. automaker's Kokomo, Indiana, plant to help combat the coronavirus outbreak.

PARIS: English teacher Carole Detemple had three days to tear up the teaching playbook as she knew it and create a virtual classroom in which to educate pupils confined to their Paris apartments by the coronavirus. As she swaps the whiteboard for a webcam, the pandemic sweeping Europe is...

LONDON: Rich governments scrambling to defend their economies from the coronavirus are being urged to coordinate to ward off a long-lasting global recession and future waves of infections from poorer nations. The head of the OECD group of advanced economies said the coordination ought to exceed ...

Russian Prime Minister Mikhail Mishustin on Monday gave the authorities five days to develop a system to track people who have come into contact with anyone with coronavirus by using mobile phone geolocation data.

Uber Technologies Inc Chief Executive Officer Dara Khosrowshahi on Monday sought US government's support for its independent drivers and delivery workers in the coronavirus stimulus package.

Uber Technologies Inc Chief Executive Officer Dara Khosrowshahi on Monday sought U.S. government's support for its independent drivers and delivery workers in the coronavirus stimulus package.

PG&E Corp said on Monday its utility unit agreed to plead guilty to 84 involuntary manslaughter counts in connection with the 2018 Camp Fire, the most destructive fire in California's history.

General Electric Co 's aviation unit plans to cut its total U.S. workforce by about 10per cent, Chief Executive Officer Larry Culp said on Monday, as airlines delay purchases amid the coronavirus pandemic.