U.S. eases criminal record provision in coronavirus business loan program
FILE PHOTO: U.S. President Donald Trump signs the Paycheck Protection Program and Health Care Enhancement Act financial response to the…
World shares stem losses as fresh lockdown fears fade
NEW YORK (Reuters) – Global equity markets bounced back on Friday as investors took in stride the U.S. Federal Reserve’s…
UK’s Johnson eyes relaxation of COVID lockdown, extra spending
Britain’s Prime Minister Boris Johnson leaves 10 Downing Street, following the outbreak of the coronavirus disease (COVID-19), London, Britain, June…
Shanghai Junshi Biosciences in human tests for coronavirus antibody drug
BEIJING (Reuters) – Shanghai Junshi Biosciences has started an early-stage study in China to test a potential antibody treatment against…
China reports three new coronavirus cases after first day with none
FILE PHOTO: Volunteers in protective gear measure the body temperature of a man at the entrance of a residential compound…
Fed mulls firmer rate guidance, adding dates or goals, minutes show
(Reuters) – Federal Reserve policymakers last month opened a broad debate over what they can and should to do to…
Discontent bubbles in Spain even though coronavirus cases wane
MADRID (Reuters) – Spain’s fragile left-wing coalition sought support from political foes to extend a state of emergency on Wednesday…
U.S. auto industry to begin reopening plants in recovery from pandemic
(Reuters) – The U.S. auto industry is slowly returning to life, with vehicle assembly plants scheduled to reopen on Monday…
France coronavirus death toll rises to 28,108: ministry
FILE PHOTO: People walk on the banks of the river Seine after France began a gradual end to a nationwide…
China reports seven new coronavirus cases, up from five a day earlier
People wearing face masks are seen at Wuhan Railway Station, in Wuhan, the Chinese city hit the hardest by the…
China reports eight new COVID-19 cases, up from four a day earlier
FILE PHOTO: Residents wearing face masks line up for nucleic acid testings at a residential compound in Wuhan, the Chinese…
UK’s COVID-19 death toll tops 38,000, worst in Europe
LONDON (Reuters) – The United Kingdom’s COVID-19 death toll topped 38,000 as of early May, by far the worst yet…
Wall Street Week Ahead: U.S. data deluge to underscore divide between roaring market, plunging economy
NEW YORK (Reuters) – A week packed with U.S. economic data is likely to provide investors with more evidence of…
Coronavirus deals U.S. economy Great Depression-like job losses, high unemployment
WASHINGTON (Reuters) – The U.S. economy lost a staggering 20.5 million jobs in April, the steepest plunge in payrolls since…
Michigan, California move to reopen factories as U.S. jobless ranks grow
DETROIT/SACRAMENTO, Calif. (Reuters) – Michigan and California, two U.S. manufacturing powerhouses, acted on Thursday to allow factories to reopen from…
U.S. unemployment rolls seen swelling as coronavirus restrictions bite
WASHINGTON (Reuters) – Millions more Americans likely sought unemployment benefits last week, suggesting a broadening of layoffs from consumer facing…
UK coronavirus death toll rises by 693 to 29,427
LONDON (Reuters) – Britain’s COVID-19 death toll has risen by 693 to 29,427, according to figures announced on Tuesday by…
New York’s Cuomo warns against ‘blindly’ reopening states
NEW YORK (Reuters) – New York Governor Andrew Cuomo on Saturday pushed back against what he called premature demands that…
Trump threatens new tariffs on China in retaliation for coronavirus
WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary…
Trump threatens new tariffs on China as U.S. mulls retaliatory action over virus
WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary…
UBS posts 40% first-quarter net profit rise as transaction levels jump
FILE PHOTO: The logo of Swiss bank UBS is seen in Zurich, Switzerland October 25, 2018. REUTERS/Arnd Wiegmann ZURICH (Reuters)…
As U.S. coronavirus death toll tops 51,000, handful of states move toward reopening
ATLANTA (Reuters) – With the U.S. coronavirus death toll topping 51,000 and nearly one in six workers out of a…
Political wrangling, controversy mark re-opening of U.S. states
ATLANTA (Reuters) – Governors of about half a dozen U.S. states pushed ahead on Tuesday with plans to partially reopen…
China reports 27 new coronavirus cases, death toll at 4,632 after data revisions
People wearing protective face masks leave work after office hours in Central Business District, as the spread of the new…
China crude oil runs hit 15-month low as virus cripples demand
BEIJING/SINGAPORE (Reuters) – China’s daily crude oil throughput in March sank to a 15-month low with state refiners maintaining deep…
Economists see uneven jobs recovery, high U.S. unemployment through 2021
WASHINGTON (Reuters) – The trillions of dollars in cash and loans unleashed by the Federal Reserve and U.S. political leaders…
Russia’s Putin, Saudi crown prince discuss OPEC+: Kremlin
MOSCOW (Reuters) – Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman discussed a planned OPEC+ reduction of…
How COVID-19 affected U.S. consumer prices in March
(Reuters) – Coast-to-coast shutdowns of businesses and stay-at-home orders from the effort to contain the new coronavirus pandemic took their…
Fed policymakers working to limit damage as pandemic puts U.S. economy on pause
(Reuters) – The U.S. economy was on a strong footing before the coronavirus pandemic and Federal Reserve officials are working…
U.S. six-month deficit rises to $744 billion ahead of virus budget storm in April
WASHINGTON (Reuters) – The United States racked up a $744 billion budget deficit in the first half of fiscal 2020,…
U.S. approves $168 billion of small business loans under coronavirus plan: Kudlow
FILE PHOTO: White House National Economic Council Director Larry Kudlow speaks during a “small business relief update” video conference call…
Siemens CEO rules out job cuts from coronavirus impact
FILE PHOTO: German engineering group Siemens CEO Joe Kaeser attends a news conference prior to the annual general meeting in…
Latest on the spread of the coronavirus around the world
(Reuters) – The U.S. government raced to build hundreds of makeshift hospitals to ease the strain on overwhelmed healthcare systems…
U.S. Senate races to agree on massive coronavirus relief package
WASHINGTON (Reuters) – The Republican-led U.S. Senate scrambled on Saturday to forge a bipartisan agreement on a $1 trillion-plus bill…
Factbox: Five statewide stay-at-home orders, 31% of U.S. economy
(Reuters) – The five U.S. states where governors have closed or have said they will soon be closing non-essential businesses…
Tunisia allocates $850 million to combat effects of coronavirus
FILE PHOTO: Tunisia’s Prime Minister Elyes Fakhfakh speaks during a handover ceremony in Tunis, Tunisia February 28, 2020. REUTERS/Zoubeir Souissi…
Spain warns the ‘worst is yet to come’ as coronavirus deaths surpass 1,300
MADRID (Reuters) – The Spanish government said on Saturday it would do whatever was needed to combat the coronavirus pandemic…
Swiss coronavirus cases surge, canton orders seniors to stay home
ZURICH (Reuters) – Switzerland on Saturday reported 6,100 coronavirus infections, 25% more than a day earlier, and 56 deaths, the…
Australia to impose 14-day self-isolation on international travelers
SYDNEY (Reuters) – Australia will impose 14-day self-isolation on international travelers arriving from midnight Sunday and ban cruise ships from…
World closes borders, restricts travel to contain coronavirus spread
(Reuters) – Countries around the world on Saturday continued to close borders, impose strict entry and quarantine requirements and restrict…
Beijing to send all travelers from abroad to central quarantine facility for 14 days
BEIJING (Reuters) – Anyone arriving to Beijing from abroad will be transferred directly to a central quarantine facility for 14…
China tightens quarantine, airport checks as imported coronavirus cases tick up
SHANGHAI/BEIJING (Reuters) – China has tightened checks on international travelers at Beijing airport and said it will centrally quarantine all…
Britain set to isolate over-70s as coronavirus deaths rise to 35
LONDON (Reuters) – Britain will isolate older people “within weeks” and force into quarantine anyone diagnosed with coronavirus, the government…
Malaysia virus tally hits highest in Southeast Asia due to mosque event
A customer wearing a protective mask, shops at a supermarket, following the outbreak of coronavirus, in Kuala Lumpur, Malaysia March…
Mnuchin says U.S. coronavirus aid bill cost should be significant, not huge
FILE PHOTO: U.S. Treasury Secretary Steven Mnuchin testifies before the Senate Finance Committee during a hearing on Capitol Hill in…
Israel to use anti-terror tech to counter coronavirus ‘invisible enemy’
JERUSALEM (Reuters) – Israel plans to use anti-terrorism tracking technology and a partial shutdown of its economy to minimize the…
China government spokesman says U.S. army might have brought virus to China
BEIJING (Reuters) – Chinese Foreign Ministry spokesman Zhao Lijian wrote on his Twitter account on Thursday that the U.S. military…
Coronavirus pandemic could be over by June if countries act, says Chinese adviser
BEIJING (Reuters) – The global coronavirus pandemic could be over by June if countries mobilize to fight it, a senior…
Mastercard to add 1,500 technology jobs in Ireland
DUBLIN (Reuters) – Mastercard Inc plans to hire 1,500 more staff in Dublin over the next three to five years,…
Exclusive: U.S. sees no material impact from virus on U.S.-China trade deal – for now
RIYADH (Reuters) – U.S. Treasury Secretary Steven Mnuchin told Reuters he does not expect the coronavirus outbreak to have a…
China’s Hubei province reports 93 new coronavirus deaths
BEIJING (Reuters) – The number of deaths in China’s central Hubei province from a coronavirus outbreak rose by 93 to…
U.S. flies 338 Americans home from cruise ship, including 14 with coronavirus
(Reuters) – More than 300 Americans who had been stuck on a cruise ship affected by the coronavirus were back…
Alibaba offers $2.86 billion in loans to firms hit by coronavirus outbreak
(This Feb 10 story refiles to add bylines) SHANGHAI (Reuters) – Alibaba Group Holdings (BABA.N) said on Monday its affiliate…
WTO gives somber goods trade outlook, sees virus threat
A traffic light is turned red in front of the WTO headquarters in Geneva, Switzerland, December 10, 2019. REUTERS/Denis Balibouse…
Euro zone ministers discuss fiscal boost options as virus worries weigh
BRUSSELS (Reuters) – Euro zone finance ministers discussed ways to pursue a more growth-friendly fiscal policy mix on Monday, in…
China coronavirus putting more pressure on pork supplies, prices: official
BEIJING/SHANGHAI (Reuters) – China’s coronavirus outbreak has delayed the launch of new pig breeding facilities and put even more pressure…
China virus claims second life off mainland, Macau casinos told to close
HONG KONG/BEIJING (Reuters) – The coronavirus outbreak claimed its first life in Hong Kong on Tuesday, compounding the international financial…
Factbox: How a virus impacts the economy and markets
(Reuters) – The outbreak of a new virus in China has sent shivers through world financial markets, with investors drawing…
CEO says Bank of America aims to ‘double’ its U.S. consumer market share: FT
FILE PHOTO: Bank of America CEO Brian Moynihan attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January…