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Reuters: Business News

Last but not least: Exxon chops spending by New! 2020-04-07 08:15:54Exxon Mobil Corp on Tuesday throttled back a multi-year investment spree in shale, LNG and deep water oil production and will cut planned capital spe

In a first, China knocks U.S. from top New! 2020-04-07 08:14:11China was the biggest source of applications for international patents in the world last year, pushing the United States out of the top spot it has he

Oil rises as hopes build for global production New! 2020-04-07 07:55:55Oil prices clawed their way into positive territory on Tuesday as hopes that the world's biggest producers will agree to cut output outweighed analys

Honda furloughs U.S. workers until May 1 as New! 2020-04-07 07:53:58Honda Motor Co on Tuesday said that it had furloughed workers at its U.S. plants which will be closed until May 1 as demand for cars in the country h

Graphic: Oil majors cut 2020 spending by 22% New! 2020-04-07 07:48:30The world's biggest oil and gas companies are cutting spending this year following a collapse in oil prices driven by a slump in demand because of th

Coronavirus hopes propel stocks, euro higher New! 2020-04-07 07:45:21World stock markets enjoyed a second day of sharp gains on Tuesday as signs of progress against the coronavirus in both Europe and the United States a

Macy's finance chief Paula Price to step down New! 2020-04-07 07:40:01Department store chain operator Macy's Inc said on Tuesday Chief Financial Officer Paula Price would step down from the role next month after nearly

Futures surge on early signs of coronavirus slowdown New! 2020-04-07 07:21:16U.S. stock index futures bounced for a second straight day on Tuesday as risk appetite returned on tentative signs that the coronavirus outbreak was s

Online meal delivery firms knocked off course by New! 2020-04-07 07:16:57The lockdown of millions of people at home across the globe due to the coronavirus should have been the perfect recipe for success for the burgeoning

Global health fund calls for $8 billion to New! 2020-04-07 06:55:55A leading global health fund has asked international businesses and governments to provide $8 billion to support development and production of COVID-1

Samsung first-quarter beats estimates; chips likely to prop New! 2020-04-07 06:25:46Samsung Electronics Co Ltd said on Tuesday its first-quarter operating profit likely managed to rise slightly from a slump a year earlier, as solid c

VW plans to partially reopen plant in Spain's New! 2020-04-07 06:23:15German carmaker Volkswagen hopes to partially reopen its plant in Spain's Navarra region on April 20 after its closure in mid-March due to the coron

BBC News - Business

NMC Health lender applies to court for administration 2020-04-05 14:17:08The FTSE 100 firm has been under scrutiny for alleged unauthorised financial activities.

Coronavirus: ExCel U-turns on charging NHS for hospital 2020-04-05 08:36:44The owner of the centre will now cover costs for the NHS Nightingale Hospital.

Coronavirus: Tech firms summoned over 'crackpot' 5G conspiracies 2020-04-05 05:54:40Government will tell social media firms to take down posts more quickly after attacks on masts.

Coronavirus: 'I don't want a flight voucher, where's 2020-04-03 17:05:58The airlines' trade body wants to give vouchers for cancelled flights but passengers are unhappy.

My Money: 'People have started leaving their houses 2020-04-03 17:04:41As part of a BBC blog series, Jen Smith talks us through one week as pandemic restrictions ease in Shenzhen.

Small businesses worry coronavirus loans ‘too risky’ 2020-04-03 14:30:16Owners of small businesses tell the BBC they still have concerns about the government’s loan scheme.

Coronavirus halts a decade of US jobs growth 2020-04-03 12:07:01American employers shed 701,000 jobs in March amid expectations there is worse to come.

Coronavirus: New Look delays supplier payments 'indefinitely' 2020-04-03 12:04:02The clothing retailer cancels new orders and tells firms they can pick up their stock.

Coronavirus: UK among economies risking record slump 2020-04-03 12:02:50Record falls in manufacturing and services activity point to recession, says a closely watched survey.

What does it mean to declare insolvency? 2020-04-03 10:06:41What does it mean when firms declare themselves insolvent?

China's Luckin Coffee slumps on 'fake' data news 2020-04-03 03:22:55The company said its chief operating officer and other employees had fabricated financial information.

Coronavirus: Google reveals travel habits during the pandemic 2020-04-03 02:18:07It will regularly provide updates as to what types of places people are going to during the outbreak.

Economy

Dimon sees 'bad recession' after 'bad planning' for 2020-04-06 09:20:01The JPMorgan Chase CEO took a veiled swipe at the Trump administration and other U.S. leaders for failing to prepare for the outbreak.

Dems find a rallying cry: Trump tanked the 2020-04-06 04:29:23Framing a coherent economic argument that all the party’s factions can rally around is proving thorny.

Trump’s biggest 2020 pitch disintegrates 2020-04-03 11:24:33In just weeks, the president’s challenge has morphed from building on his predecessor’s economic record to rebuilding his own.

When Can America Reopen From Its Coronavirus Shutdown? 2020-04-02 19:55:08The answer depends how you weigh human health against the economy. We asked experts how to think about the tricky calculus.

The corporate bailout doesn't include the limits Democrats 2020-04-02 12:40:48Democrats promised strict limits on what corporations can do with the half-trillion dollars in loan money they're getting. But the Fed doesn't have

How Congress will keep an eye on $2 2020-04-01 19:52:48The rescue package establishes a series of oversight tools intended to guard against corruption.

Economists pan Pelosi’s proposal to lift cap on 2020-03-31 19:28:39The move wouldn’t give the economy much of a boost, they say.

House passes $2 trillion coronavirus package — but 2020-03-27 10:57:08Republican Rep. Thomas Massie threatened to delay passage of the bill.

‘Just damage containment’: Cost of the coronavirus shutdown 2020-03-26 18:42:43Millions of Americans are out of work, most others are slashing their spending and businesses are getting crushed.

How the $2 trillion deal came together — 2020-03-26 01:14:20Inside McConnell, Schumer and Mnuchin’s race to rescue the economy.

‘Have We Learned Nothing?’ 2020-03-25 12:56:32The Dems' Christmas-tree bailout pitch isn’t going anywhere, but tells us a lot about what we might be headed for.

The unthinkable: Is it time to shut down 2020-03-24 04:30:08Even lawmakers have started suggesting it's time for Wall Street to press pause to help calm the waters.


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