Monday, September 21, 2015

Global Business


It's crunch time for the European Union (EU) as it strives to stem a virus-led downturn that could eclipse

Iran warns US against disrupting oil shipments to Venezuela

Iran’s foreign minister on Sunday warned the US against

Oil-hungry Asian nations pounce on low prices to build stockpiles

Some oil-hungry Asian nations are taking advantage of the

Samsung fears fall in profit as pandemic hits sales

Samsung Electronics Co on Wednesday said its operating profit

India stocks rally on hints of pandemic easing

India markets rallied on Tuesday, mirroring an easing up in wider investor sentiment in line with the coronavirus pandemic

Ten non-OPEC+ producers invited to Thursday talks

Ten oil producing nations from outside the OPEC+ alliance including the United States have been invited to a meeting

China knocks US from top spot in global patent race

China was the biggest source of applications for international patents in the world last year, pushing the United States

Japan comes out with $994b stimulus to ease virus worries

Japan has announced a record 108.2 trillion yen ($994b) stimulus package to shield the economy from the coronvirus' widening

US economy will eventually reopen

The Trump administration is aiming to reopen the U.S. economy when the nation's top health experts give the go-ahead,

'Millions of aviation jobs at risk'

Global airlines said 25 million jobs across the world could be at risk from the coronavirus travel downturn, as

Oil falls after Saudi Arabia, Russia delay meeting

Oil prices fell on Monday after Saudi Arabia and Russia delayed a meeting to discuss output cuts that could

Governors plead for food stamp flexibility amid pandemic

Yvonne Knight, who has respiratory problems that make her especially vulnerable in the coronavirus pandemic, can't buy groceries online

All firms to get 75% wage subsidy for local employees

Firms in all sectors will have 75 per cent of their local employees' wages subsidised for the month of

Dimon rule out suspending 2020 dividend due to COVID-19

JPMorgan Chase & Co (JPM.N) could consider suspending dividend for 2020 due to the ongoing coronavirus crisis, Chief Executive

Coronavirus patients rush to join studies of Gilead drug

The new coronavirus made Dr. Jag Singh a patient at his own hospital. His alarm grew as he

Singapore M&A deals shrink 22.4% to $14.7 billion

Singapore's mergers and acquisitions (M&A) activity have slowed sharply as the coronavirus outbreak brought disruption and turmoil to business

Canada, US farms face crop losses due to foreign worker delays

Mandatory coronavirus quarantines of seasonal foreign workers in Canada could hurt that country's fruit and vegetable output this year,

Grocery workers are key during the virus

Every day, grocery workers are restocking toilet paper, eggs, produce and canned goods as fast as the items fly

Trump threatens tariffs on oil imports to 'protect' US energy workers

US President Donald Trump said on Saturday he would impose tariffs on crude imports if he has to "protect"

The daily woes of airlines, and the crew still working

When Reuters photographer Carlos Barria boarded American Airlines flight 4511 from Washington Reagan National Airport to New Orleans on

Corona beer producer halts brewing over coronavirus

Two Mexican brewers, including the producers of Corona beer, have said they are reducing production because of the health

How one Silicon Valley factory keeps running in the age of coronavirus

The managers at Green Circuits - a small Silicon Valley electronics factory - thought they would have to close

United slashes NY-area flights due to virus

United Airlines (UAL.O) said late Saturday it will drastically reduce flights to two New York City airports amid the

Coronavirus puts clutch of countries in junk rating danger zone

Being stripped of one's investment grade credit rating is a chastening moment for any government, but the crushing economic

Virtual oil summit planned amid ongoing market volatility

Leaders of the global oil industry are planning a crucial "virtual" summit next Monday amid ongoing volatility in crude

Amazon in contact with coronavirus test makers Inc has been in contact with the CEOs of two coronavirus test makers as it considers how to

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