U.S. automakers to extend shutdown into April: sources
Detroit’s Big Three automakers plan to extend a current shutdown of vehicle production in North America into April as the coronavirus pandemic continues, people briefed...
White House not considering three-month tariff deferral: Navarro
The White House’s top trade advisor denied on Tuesday that the Trump administration was considering a three-month deferral of tariff payments on imported goods to...
Explainer: Trump has little power to restart U.S. economy
U.S. President Donald Trump on Tuesday said he wants the U.S. economy to reopen by Easter Sunday, April 12, despite the rapid spread of the...
Qantas shares soar on financing deal as rivals cut more capacity
Qantas Airways Ltd on Wednesday secured A$1.05 billion ($627.8 million) against its aircraft fleet to help it ride out the coronavirus crisis, sending shares up...
Oil ekes out gains as U.S. stimulus hopes lift global markets
Oil prices extended gains for a third session on Wednesday, rising alongside broader financial markets on hopes Washington will soon approve a massive aid package...
Thyssenkrupp to cut 3,000 jobs at steel unit by 2026
The German elevator-to-car parts conglomerate Thyssenkrupp will cut 3,000 jobs at its steel unit by 2026 as part of a wage deal it struck with...
Asian shares track Wall Street surge as U.S. stimulus hopes grow
Asian shares extended their rally on Wednesday in the wake of Wall Street’s big gains as U.S. Congress appeared closer to passing a $2 trillion...
Two more NYSE floor traders test positive for coronavirus: memo
At least two more New York Stock Exchange floor traders tested positive for the coronavirus on Tuesday despite measures taken to prevent people infected by...
Trump administration debates 90-day tariffs deferral: Bloomberg News
The administration of U.S. President Donald Trump is debating if it should defer payments of duties on imported goods from around the world for three...
Exclusive: Boeing plans 737 MAX production restart by May – sources
Boeing Co plans to restart 737 MAX production by May, ending a months-long halt triggered by a safety ban on its best-selling jet after fatal...