Uber Eats waives delivery fee for independent restaurants as virus spreads
Uber Technologies Inc’s food delivery business, Uber Eats, said on Monday it would waive delivery fee for independent restaurants across the United States and Canada....
Oil slumps below $30 a barrel as coronavirus spreads, OPEC rancor remains elevated
Oil prices fell below $30 a barrel on Monday as the worldwide coronavirus outbreak worsened over the weekend, exacerbating fears that government lockdowns to contain...
U.S. airlines urgently need $50 billion in grants, loans – letter
A group representing major U.S. airlines said the industry needs $50 billion in grants and loans to survive the dramatic falloff in travel demand from...
Wall Street pounded as Fed’s shock move raises virus impact alarm
U.S. stock indexes plunged about 8% on Monday, as investors dumped risky assets for cash after the Federal Reserve’s drastic move to cut interest rates...
Uber Eats waives off delivery fee for independent restaurants amid virus outbreak
Uber Technologies Inc’s food delivery business, Uber Eats, said on Monday it would waive off delivery fee for independent restaurants across the United States and...
French carmaker PSA closes European factories due to virus spread
French carmaker PSA said on Monday the company will close its European factories until March 27 due to the coronavirus outbreak spread....
Exclusive: Airbus eyes contingency plan to slow or halt output – sources
Airbus has drawn up contingency plans to slow or stop production if France is placed under a further lockdown due to coronavirus, two people familiar...
Some European banks shut branches to limit coronavirus spread
Two of Germany’s largest banks have temporarily shut hundreds of branches, while Italian lenders have shortened opening hours as they grapple with staff shortages and...
White House drafting financial package for U.S. airlines: sources
The White House is drafting a financial assistance package is expected to include direct assistance, loans and tax relief in the wake of the steep...
Coronavirus: First test of a U.S. financial system 10 years in repair
A health emergency dismissed at first as a fleeting risk to the U.S. economy has turned into a full-on test of whether a decade of...