Still, some did succeed in at least getting the process started. Bank of America alone said 75,000 small businesses had applied for $7 billion of loans. Small businesses can apply for loans up to $2 m...
Factory activity in the country grew at its slowest pace in four months as the impact of the coronavirus pandemic weighed on sentiment, clouding the business confidence outlook, a survey showed on ...
The president also said in the scorching letter , "I've known you for many years, but I never knew how bad a Senator you are for the state of NY, until I became President". The United States has a ...
Service dogs will still be allowed. The Minneapolis-based retailer also said Thursday it will start monitoring the number of shoppers in each store and limit them if necessary. Employees will only a...
In the report, the ADB cut its 2020 growth forecast for Asia to 2.2 per cent from 5.5 per cent estimated in September a year ago. With the domestic outbreak of COVID-19, Sri Lanka's growth projectio...
Disney will pay the cost of employee healthcare premiums. One of the largest companies in the world, this decision will leave thousands of Disney employees on unpaid furlough. Disney also shared that ...
GettyThe coronavirus pandemic has led to the government stimulus package. "Under pressure from activists around the country and our allies in Congress, the Trump Administration has reversed course...
Rishi Sunak is understood to be planning changes that will ban onerous terms and conditions being imposed by banks, and relax other rules to help make the scheme more accessible. The Government has n...
Originally HSBC shareholders would receive 21 USA cents of dividend per share by 14 April, but now the bank will not resume dividend payment at least till next year. "Now would be the ideal time...
Disney is donating supplies to hospitals and medial professionals that are in need. Disney's ponchos were given to Medshare , a humanitarian aid organization that distributes garments to those in n...
Officially the Coronavirus Job Retention Scheme, it started on March 1 and is open to employers in the United Kingdom for at least the next three months. Can I actually work for my employer if they ac...
However, McConnell noted the outbreak in China came up right as the Senate was tied down on the impeachment trial. "I think if the American people do that, they're the ones who have been telling u...
Both benchmarks fell to their lowest levels in 18 years on Monday, with WTI briefly dipping below US$20 a barrel . Saudi Arabia's crude supply rose on Wednesday to a record of more than 12 millio...
Sitton said he will soon speak with Saudi Energy Minister Prince Abdulaziz bin Salman. Oil markets have been under pressure ever since early March, when Saudi Arabia and Russian Federation were ...
Initial jobless claims in Arkansas for the week ending March 28 were 26,944, almost triple the amount reported in the previous week. As the world creeps toward 1 million confirmed cases of the C...
Foreign Ministry spokeswoman Hua Chunying on Thursday defended as "open and transparent" China's response to the virus first identified in December in the central Chinese city of Wuhan . Meanwhile, i...
The figure topped all analyst estimates and compared with a median projection of 3.76 million. Unemployment claims have spiked to 6.65 million across the country, the Department of Labor said in a...
The BBC also reports that BA has reached a separate agreement with its pilots, who will take a 50 per cent pay cut over two months. Under the agreement, up to 80% of BA employees will be placed on f...
On Tuesday evening in Washington, Trump said the US would meet with Saudi Arabia and Russian Federation with the goal of staunching the historic plunge in oil prices, and has raised the issue directly...
Crude futures in NY were lower on Wednesday, following a record decline in the first quarter. Oil prices declined on Wednesday as concerns of supply glut and weaker demand rattled the market. In a...
The company believes that the unauthorized access started in mid-January this year with the help of the credentials of two employees at a franchisee property in Russian Federation. Upon discovery, we ...
Only the Netherlands recorded a PMI above the 50.0 no-change level in March, though growth here was marginal. Analysts had expected it to rise to 45.5. New export orders received by Chinese manufact...
Until further notice, Costco will be open from 8:00 a.m. until 9:00 a.m. Tuesday through Thursday for members ages 60 and older, and those with physical impairments. Home Depot also said Wednesday tha...
Virgin Australia Holdings Ltd. asked the government for a A$1.4 billion (US$863 million) loan to get through the coronavirus crisis. Virgin Australia has gone into a trading halt pending a fur...
The falling prices have threatened higher-cost oil drillers in the United States and around the globe with bankruptcy. Saudi Arabia, in response, offered deep discounts on its product, in a move tha...
The figure is a marked rebound from 35.7 in February - the worst since China began recording the data in 2005. New export orders remained below the 50 mark last month, alongside imports, reflecting ...
Catalan business group Foment del Treball called for further measures to cushion the blow from the enforced shutdown and said the state should cover 75% of labour costs incurred during the period by c...
According to a report by CNBC , the decision was made so Walmart can detect which workers may possibly be infected with the coronavirus . There are almost 4,700 Walmart stores in the US, with abou...
New data from the Energy Information Administration reveals that with many Americans staying at home and practicing social distancing, gas demand dropped dramatically - from 9.7 million b/d to 8.8 mil...
Abbott Laboratories sailed more than 10 percent higher after receiving USA approval for a diagnostic test that can detect coronavirus in minutes. United States stock markets opened higher on Monday,...
Meanwhile, a US Navy hospital ship with 1000 beds arrived in port in NY to help relieve the crisis gripping the city. France deployed two specially equipped trains to transport coronavirus patient...
Holland America Line will reimburse cancellation fees for air and other arrangements for travel to and from the cancelled cruise (this does not apply to chartered sailings). Guests will be contacted ...
The airline will be executing a company-wide cost reduction and capital deferral program that will target at least $500 million. Additionally, Rovinescu, as well as Michael Rousseau, deputy chief ex...
Messi said an agreement was delayed because the team was "looking for a formula" to help the club and workers. Lionel Messi of Barcelona scores his sides third goal from a free kick during the ...
The prime minister said he would continue to work from home to set an example for Canadians who are being asked to stay at home. Initially, the federal government said it would increase its wage sub...
