Amazon, Flipkart operations in India disrupted by lockdown: sources
E-commerce companies including Amazon and Flipkart are facing disruption in India just three days into a lockdown to fight the coronavirus pandemic, despite government assurances...
U.S. not bailing out airlines, Boeing not using federal money: Treasury Secretary
U.S. Treasury Secretary Steve Mnuchin said on Friday that the coronavirus economic stimulus bill set to soon pass the House of Representatives is not an...
Fed working ‘furiously’ on details for Main Street lending program: Kaplan
Dallas Fed President Robert Kaplan on Friday said small businesses can expect to be able to borrow money backstopped by the Fed “very quickly” under...
‘Maximum bearish’: funds in record rush to cash in past week
Investors rushed into cash and out of bonds at a record pace over the past week as the coronavirus pandemic caused mayhem in markets, BofA...
Nestle says cuts deforestation in its cocoa supply chain
Nestle, the world’s biggest food company, says it has made significant progress removing cocoa produced in protected forests in West Africa from its supply chain...
Oil falls as demands fears outweigh stimulus efforts
Oil prices fell on Friday as demand destruction caused by the coronavirus outweighed stimulus efforts by policymakers around the world and the United States faced...
Goldman, Morgan Stanley receive approvals for majority stakes in China ventures
Goldman Sachs and Morgan Stanley said on Friday they had received the final regulatory approvals to take majority stakes in their China securities joint ventures,...
Rolls-Royce to cut UK aerospace site activity for a week over coronavirus
Rolls-Royce will significantly reduce all non-essential activity at its civil aerospace sites in Britain for one week starting from midnight on March 27, due to...
ViacomCBS withdraws forecast as virus delays movie launches, sports events
ViacomCBS Inc on Friday withdrew its forecast for the year as the ongoing coronavirus pandemic and related lockdowns force the media conglomerate to delay movie...
ProSieben shares rally after CEO Conze’s departure
Shares in ProSiebenSat.1 Media rallied by 9% on Friday after the abrupt departure of Chief Executive Officer Max Conze ended a drama-filled tenure that unraveled...