Coronavirus sinks U.S. payrolls, more pain awaits
The U.S. economy shed 701,000 jobs in March, abruptly ending a historic 113 straight months of employment growth as stringent measures to control the novel...
3M to increase production of face masks after Trump order
3M Co said on Friday it would continue to increase the production of respirators, after U.S. President Donald Trump announced he was invoking the Defense...
Coronavirus brings record U.S. job growth to an end in March
The U.S. economy shed jobs in March, abruptly ending a historic 113 straight months of employment growth as stringent measures to control the novel coronavirus...
Exclusive: Spain’s coronavirus crisis stalls global fashion giant Inditex
Inditex has switched its clothes factories in Spain over to making medical supplies and its logistics hub has almost ground to a halt, effectively freezing...
OPEC+ debates biggest ever cut as virus destroys oil demand
OPEC and allies are working on a deal for an unprecedented production cut equivalent to around 10% of global supply, an OPEC source said after...
BMW CEO: working to safeguard liquidity during coronavirus crisis
BMW Chief Executive Oliver Zipse said the carmaker is focussing on preserving the health of its balance sheet and workforce which have come under strain...
Business booms for coffin-makers in coronavirus-hit France
Two hauliers load their lorries with what is fast becoming a precious commodity in France as the coronavirus pandemic takes its dreadful toll – coffins....
Ford says Europe manufacturing ops to remain suspended at least until May 4
Ford Motor Co said on Friday the temporary suspension of vehicle and engine production at most of its European manufacturing sites is expected to run...
Factbox: Oil analysts sceptical about Saudi-Russian ‘deal’
U.S. President Donald Trump is stoking the possibility of Saudi Arabia and Russia negotiating oil output cuts as the coronavirus outbreak hammers demand....
Brent oil rises above $32 on hopes of output deal
Benchmark Brent crude oil futures rose as high as $33.05 a barrel on Friday on rising hopes of a new global deal to cut global...