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Hit by coronavirus, Fiat Chrysler, Peugeot seek to boost cash before merger
April 14, 2020April 8, 2020 kryptonalarms

Hit by coronavirus, Fiat Chrysler, Peugeot seek to boost cash before merger

Business

With their sales hammered by the coronavirus outbreak, car makers Fiat Chrysler and Peugeot’s owner PSA have postponed their shareholder meetings and are looking at

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Boeing suspending 787 production at South Carolina plant
April 13, 2020April 8, 2020 kryptonalarms

Boeing suspending 787 production at South Carolina plant

Business

Boeing Co (BA.N) said on Monday it would suspend production of its 787 airplane at its facilities in South Carolina amid the coronavirus pandemic. The

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Samsung first-quarter beats estimates; chips likely to prop up virus-hit second-quarter
April 12, 2020April 8, 2020 kryptonalarms

Samsung first-quarter beats estimates; chips likely to prop up virus-hit second-quarter

Business

Samsung Electronics Co Ltd (005930.KS) said on Tuesday its first-quarter operating profit likely managed to rise slightly from a slump a year earlier, as solid

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Fed says it will provide financing against new U.S. ‘payroll protection’ loans
April 11, 2020April 8, 2020 kryptonalarms

Fed says it will provide financing against new U.S. ‘payroll protection’ loans

Business

The Federal Reserve on Monday moved to bolster a new small-business lending program by allowing banks to turn those loans over to the U.S. central

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Trump says OPEC has not asked him for a U.S. oil production cut
April 10, 2020April 8, 2020 kryptonalarms

Trump says OPEC has not asked him for a U.S. oil production cut

Business

President Donald Trump said on Monday that OPEC had not pressed him to ask U.S. oil producers to reduce their output to support global prices,

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Coronavirus muddies U.S. economic data as business closures push down response rates
April 9, 2020April 8, 2020 kryptonalarms

Coronavirus muddies U.S. economic data as business closures push down response rates

Business

A near total closure of U.S. businesses as authorities try to control the spread of the novel coronavirus could make U.S. economic data unreliable in

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Hopes of progress against virus lift stocks; dollar falls
April 8, 2020 kryptonalarms

Hopes of progress against virus lift stocks; dollar falls

Business

World stock markets posted sharp gains on Tuesday as signs of progress in curbing the spread of the novel coronavirus in both Europe and the

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