Dollar gains, yuan steady after China PMI in cautious trade
The dollar rose against the yen on Tuesday as Japanese investors and companies rushed to cover a greenback shortage before their fiscal year end, but...
Asia shares inch up, China’s factories show flicker of life
Asian shares were closing out a calamitous quarter with a tentative rally on Tuesday as factory data from China held out the hope of a...
U.S. airlines must suggest possible compensation for cash grants: Treasury
Airlines must suggest possible compensation in return for government cash assistance and agree to conditions that include not cutting pay or laying off employees through...
Oil rebounds from 18-year lows after U.S., Russia agree to talks
Oil recovered ground on Tuesday after U.S. President Donald Trump and Russian President Vladimir Putin agreed to talks to stabilize energy markets, with benchmarks climbing...
China factory activity unexpectedly expands, but economy unable to shake off virus shock
Factory activity in China unexpectedly expanded in March from a collapse the month before, but analysts caution that a durable near-term recovery is far from...
Airlines must suggest possible U.S. compensation for grants: Treasury
Airlines must suggest possible compensation in return for government cash assistance and agree to conditions that include not cutting pay or laying off employees through...
U.S. senators scrutinize meat packers’ big profits during pandemic
U.S. senators are calling for investigations of record profit margins for beef processors like Tyson Foods and Cargill, after ranchers complained surging meat prices due...
China March factory activity unexpectedly expands, but outlook still grim
Factory activity in China unexpectedly expanded in March after contracting sharply to a record low, but the rapid global spread of the coronavirus is expected...
U.S. Air Force finds additional deficiency in Boeing’s aerial fuel system
The U.S. Air Force announced on Monday an additional deficiency in the KC-46 Pegasus aerial fuel system built by Boeing , classifying it at the...
Virgin Australia seeking government loan to weather coronavirus crisis
Virgin Australia Holdings Ltd said on Tuesday it is seeking a government loan of A$1.4 billion ($862.68 million) and exploring other options to get through...