U.S. Senate bill to grant airlines bailout to weather coronavirus
The U.S. Senate will vote on Wednesday to give the U.S. aviation industry $58 billion in aid, half in the form of grants to cover...
U.S. auto sales in states with coronavirus lockdown orders to drop 80%: analysts
Vehicle sales in U.S. states that implemented lockdown orders to curb the spread of coronavirus will drop 80% or more, analysts said on Wednesday....
Who needs Instacart? U.S. farmers expand food deliveries during coronavirus outbreak
Farmers in rural America are expanding food delivery services to meet rising demand from consumers seeking to isolate themselves during the coronavirus pandemic and frustrated...
Wall Street surges for second day as investors await $2 trillion aid package
Wall Street rallied for a second straight session on Wednesday as the U.S. Senate neared a vote on a $2 trillion package to support businesses...
Volkswagen expects car market to recover in summer: FAZ
Volkswagen expects the car market in Germany to recover in the summer after the auto maker was forced to suspend output due to the coronavirus...
U.S. set to grant automakers a lifeline — but no bailout
The $2 trillion economic rescue package before the U.S. Senate on Wednesday would send the federal government to the auto industry’s rescue for the second...
Softbank-backed Ola seeks relief for drivers and taxi firms in India
Indian ride-hailing company Ola, backed by Softbank Group , wants loan waivers for drivers and a delay in tax payments to make up for coronavirus-related...
U.S. coronavirus stimulus bill adds billions in support for farmers
The U.S. coronavirus stimulus bill that U.S. senators will vote on would add $14 billion to the Agriculture Department’s Commodity Credit Corp spending authority, and...
Wall Street gains ahead of Senate vote on $2 trillion aid package
Wall Street rose in choppy trading on Wednesday, building on the previous session’s gains, as the U.S. Senate neared a vote to clear a $2...
U.S. stocks seesaw as vote awaited on stimulus deal
U.S stocks seesawed on Wednesday, digesting the previous session’s huge rebound, with investors torn as optimism about an imminent $2 trillion coronavirus package was offset...