Fed mounts aggressive new steps to combat coronavirus hit to economy
The U.S. Federal Reserve on Monday said it would begin backstopping an unprecedented range of credit for households, small businesses and major employers in an...
Ford decides to halt production in India, South Africa on coronavirus impact
Ford Motor Co said on Monday it has decided to temporarily halt vehicle and engine production at its factories in India, South Africa, Thailand and...
Netflix to reduce traffic in Israel by 25% to help ISPs
Netflix said on Monday it would reduce network traffic in Israel over the next month following a government request to ease data congestion from people...
Ford to suspend production in India, South Africa due to coronavirus
Ford Motor Co said on Monday it will temporarily shut down vehicle and engine production at its factories in India, South Africa, Thailand and Vietnam...
Futures slide again as virus lockdown raises contraction fears
U.S. stock index futures tumbled on Monday on rising estimates of the economic damage from the coronavirus pandemic, with Goldman Sachs estimating a 24% plunge...
Coronavirus fears spark surge in a volatility index
A product that traders use to profit from surges in volatility has soared as coronavirus fears ravaged stocks, prompting concern about a plunge if the...
Airbus adds 15 billion euro credit line, scraps dividend
Airbus boosted its liquidity with a 15 billion euro ($16 billion) expanded credit facility on Monday while suspending its 2020 outlook in response to the...
Factbox: UK companies delay results after regulators relax reporting rules
British companies on Monday rushed to heed unprecedented calls by regulators to mothball their results so they can better assess how the coronavirus pandemic is...
Virus hit UK companies told to delay financial statements
Companies should not publish preliminary financial statements for at least two weeks to better assess how the coronavirus epidemic is affecting their business, Britain’s Financial...
Nestle CEO tells staff to get ready for coronavirus storm: memo
Food giant Nestle told employees to prepare for difficult times ahead and make all the necessary efforts to supply customers with the food and beverages...