As customers hoard pot brownies, North American weed firms see lockdown boost
Cannabis sales are touching new highs as customers across the United States and Canada stockpile weed to prepare for long spells of isolation because of...
Coca-Cola to suspend production in India amid coronavirus lockdowns
Coca-Cola’s India unit said on Tuesday it has temporarily suspended production at its manufacturing facilities across the country following widespread lockdowns to halt the spread...
Dollar falls after Fed QE, on fiscal stimulus hopes
The dollar fell broadly on Tuesday after the U.S. Federal Reserve on Monday committed to buy an unlimited amount of bonds and as investors were...
Aston Martin to temporarily shut UK manufacturing facilities
British luxury carmaker Aston Martin said on Tuesday it would suspend production at its UK manufacturing facilities starting Wednesday until April 20 to cope with...
Oil rises on Fed steps to support economy, hopes of U.S. aid package
Oil rose about 2% on Tuesday after the U.S. Federal Reserve said it would take step to bolster the economy and on growing hopes the...
Wall Street bounces on hopes of $2 trillion stimulus, Boeing boost
Wall Street bounced from three-year lows on Tuesday on hopes of a major fiscal stimulus to blunt the economic damage from the coronavirus pandemic, while...
U.S. new home sales fall; January revised sharply up
Sales of new U.S. single-family homes fell in February after surging in the prior month, and could decline further because of the coronavirus pandemic, which...
Bombardier halts most operations in Canada due to coronavirus
Bombardier pulled its 2020 outlook on Tuesday and said it would halt all non-essential work at most of its Canada-based operations until April 26 to help...
Spirit AeroSystems suspends Boeing-related production for two weeks
Spirit Aerosystems , Boeing Co’s largest supplier, is temporarily suspending production for the airplane maker at many of its facilities in the United States for...
Comcast shuts theme parks, delays film distribution due to COVID-19
Comcast Corp on Tuesday warned of a hit to its results from the coronavirus outbreak as it shut all its theme parks and delayed distribution...