Rolls-Royce to ditch targets and suspend dividend: FT
UK aero-engine maker Rolls-Royce will abandon its targets on profits, cash and deliveries, and suspend its dividend, due to the coronavirus outbreak, the Financial Times...
Oil prices decline $3 a barrel as market remains uncertain on supply outlook
Global benchmark oil prices traded $3 a barrel lower as the market opened for Monday’s trading session, reflecting fears of oversupply after Saudi Arabia and...
Boeing extends Washington state production shutdown indefinitely
Boeing Co said on Sunday it would extend the suspension of production operations at its Washington state facilities until further notice amid the coronavirus outbreak....
Boeing extends Washington state production shutdown
Boeing Co said Sunday it would extend its temporary suspension of production operations at its Washington state production facilities until further notice....
Oil prices under pressure from Saudi-Russia dispute, but tariffs provide support
Global benchmark oil prices are expected to open lower on Monday as a dispute between top crude exporters Russia and Saudi Arabia raises concerns of...
U.S. banks to defend dividend payments in stress tests: FT
U.S. banks are expected to defend their dividend payments when they submit their annual capital plans to the Federal Reserve on Monday for the upcoming...
Fed’s Bullard says another coronavirus economic relief bill may not be needed
A top official at the U.S. Federal Reserve said on Sunday the $2.3 trillion economic relief bill approved by Congress was appropriately sized and that...
How one Silicon Valley factory keeps running in the age of coronavirus
The managers at Green Circuits — a small Silicon Valley electronics factory — thought they would have to close when the San Francisco Bay Area...
Single passenger flights: The daily woes of airlines, and the crew still working
When Reuters photographer Carlos Barria boarded American Airlines flight 4511 from Washington Reagan National Airport to New Orleans on Friday for an assignment, he was...
Capital One says it won’t use CFTC waiver related to oil lending
U.S. lender Capital One Financial Corp said on Saturday it would not use a U.S. Commodity Futures Trading Commission (CFTC) waiver after commodity price volatility...