Instant view: Fed cuts rates to buffer economy from coronavirus
The Federal Reserve cut interest rates for the second time in less than two weeks on Sunday in an emergency move to help shore up...
Trump congratulates Fed for rates cut, calls action ‘terrific’
U.S. President Donald Trump said the Federal Reserve’s decision on Sunday to cut interest rates was “good news” and “makes me very happy” as he...
Fed cuts interest rates to near zero, coordinates with other central banks to combat coronavirus
The U.S. Federal Reserve cut interest rates for the second time in less than two weeks on Sunday in another emergency move to help shore...
Goldman downgrades U.S. growth forecast for first and second quarter due to coronavirus
Goldman Sachs Group Inc has downgraded its U.S. growth forecast for the first and second quarters in the wake of the economic fallout from the...
Volkswagen says preparing to suspend production at Bratislava plant
Volkswagen is preparing to suspend operations at its manufacturing plant in Bratislava, the company said on Sunday, after Slovakia declared a state of emergency due...
Germany tries to halt U.S. interest in firm working on coronavirus vaccine
Berlin is trying to stop Washington from persuading a German company seeking a coronavirus vaccine to move its research to the United States, prompting German...
Delta suspends some London, Dublin flights after new U.S. travel restrictions
Delta Air Lines Inc said Sunday it will halt service to London from Detroit and Dublin flights from New York after the White House announced...
LVMH to make disinfectant gels to aid French coronavirus fight
Louis Vuitton owner LVMH said on Sunday that its cosmetics unit would manufacture large quantities of hand disinfectant gel to help stave off a nationwide...
Oil giants set health checks for critical staff, work-from-home rules
Major energy companies in the United States imposed work-from-home rules for office staff and began health checks for remote or critical workers as coronavirus spread...
Ford to shut Spanish factory for one week due to coronavirus outbreak
Ford said on Sunday it would shut its Spanish plant in the eastern region of Valencia for one week starting on Monday after three employees...