China’s March official factory activity unexpectedly expands after steep contraction
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...
Airlines plan furloughs; Air New Zealand sees smaller carrier in a year
Major global airlines projected layoffs, furloughs and capacity cuts over the next few months, with Air New Zealand on Tuesday warning it expected staffing levels...
Amazon’s FBA service waiving two weeks of March storage fees: email
Amazon.com Inc’s Fulfillment by Amazon (FBA) service will waive two weeks of storage fees in March, according to an email seen by Reuters....
Coronavirus shows U.S. too dependent on cheap medical imports, USTR says
U.S. Trade Representative Robert Lighthizer on Monday said the United States would seek to promote more domestic manufacturing of key medical supplies in light of...
Crude rises after U.S., Russia agree to oil market talks
Oil recovered some ground on Tuesday as U.S. President Donald Trump and Russian President Vladimir Putin agreed to discuss stabilizing energy markets, but prices remain...
Dollar gains on Japanese demand before fiscal year end, pandemic weighs on mood
The dollar rose against the yen on Tuesday as Japanese investors and companies rushed to cover a shortage of the U.S. currency before their fiscal...
Airbnb to pay out $250 million to hosts to help ease coronavirus cancellation pain
U.S. home rental firm Airbnb said on Monday it was allocating $250 million to help offset losses by hosts around the world whose guests have...
Airlines line up furloughs; Air New Zealand sees smaller carrier in a year
Major global airlines projected layoffs, furloughs and capacity cuts over the next few months, with Air New Zealand warning that it expected staffing levels to...
Instacart workers strike as labor unrest grows during coronavirus crisis
Some of the roughly 200,000 workers at U.S. online grocery delivery company Instacart said they were striking on Monday as labor unrest grows globally over...
Spirit cancels New York, Connecticut, New Jersey flights after CDC warning
Low-cost U.S. carrier Spirit Airlines Inc said on Monday it will cancel all flights to and from New York, Connecticut and New Jersey after U.S....