Hit by coronavirus, Fiat Chrysler, Peugeot seek to boost cash before merger
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
Category: Business
Boeing suspending 787 production at South Carolina plant
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
Samsung first-quarter beats estimates; chips likely to prop up virus-hit second-quarter
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
Fed says it will provide financing against new U.S. ‘payroll protection’ loans
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
Trump says OPEC has not asked him for a U.S. oil production cut
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,
Coronavirus muddies U.S. economic data as business closures push down response rates
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
Hopes of progress against virus lift stocks; dollar falls
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