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S&P 500, Nasdaq rise as earnings take centre stage

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How major United States stock indexes fared Monday

The Dow dropped 582.05 points, or 3%, on Monday and remained on pace to clinch its worst calendar month since 1931. The Nasdaq Composite dropped 0.27 per cent t...

Transat laying off 70% of staff as it moves to suspend operations

The layoffs include flight crews and office workers. Tour and airline operator Transat AT says it has temporarily laid off 3,600 employees, or about 70 per ce...

Demand Destruction, Rising Production Could Push WTI Prices to $15

West Texas Intermediate ( WTI ), the New York-traded benchmark for U.S. crude prices, settled down $3.28, or almost 13 percent, on Friday at $22.63 per barrel. ...

Tesco launches recruitment drive for 20000 temporary workers

It's United Kingdom chief executive Christian Härtnagel said: "Our store colleagues are doing an incredible job at keeping our shelves stocked, and serving comm...

IMF Warns Coronavirus Recession Could be Worse than 2009

IMF Managing Director Kristalina Georgieva made the comments after a phone call of G20 finance ministers and central bank governors on Monday. Even more will be...

Boeing shuts Washington State factories

Operations would be reduced beginning Wednesday, Boeing President and CEO Dave Calhoun said in a statement , and production would be suspended for two weeks. I...

Gold rate today: Yellow metal falls below Rs 40,000 per 10 grams

It's not technical or fundamental - it's all panic". "The overall concern here is how much more gold do investors need to sell to cover living expenses - it's...

Federal Reserve starts unlimited bond purchases

The Fed announced that it was suspending its previous guidance on quantitative easing , which sought to buy "at least" $500 billion in U.S. Treasuries and ...

Supermarkets cut fuel prices by up to 12p a litre

Earlier this month, while it was expected that the retail prices of petrol and diesel may come down, the government had raised Rs 2 per litre increase in specia...

CVS Hiring 50K People

CVS said Monday it was hiring 50,000 people across the U.S. to try to keep up with demand, reports Reuters . CVS operates more than 9,900 pharmacies around t...

There is now a county in Virginia with average $1.50 gas price

GasBuddy reports that the average price of diesel fell 6.5 cents to $2.66 per gallon. Pennsylvania gas average at $2.35 today, down a penny overnight and dow...

Fed opens unlimited 'quantitative easing' to stabilize US economy

For the first time, the Fed will dip its toes into the corporate bond market by contributing to a lending facility that will be used to buy corporate bonds issu...

Government to take over all rail franchises for "at least" six months

Additionally, season ticket holders can claim a refund for the time not used on their tickets. Under the franchise system, the train operating companies (TOCs...

BOJ, other central banks to boost dollar supply

The Fed said the swaps, in which the Fed accepts other currencies in exchange for USA dollars, will for at least the next six months allow the central banks...

Price of oil at an 18 year low

Brent crude futures LCOc1 were down 32 cents, or 1.1%, at $28.15 a barrel by 1331 GMT. Brent is on track for a weekly loss of more than 16% and its fourth co...

Supermercati, Esselunga modifica orario, Centro Commerciale Vimodrone chiude domenica 22

Carrefour comunica di aver deciso di procedere ad una riduzione degli orari di apertura di tutti i nostri ipermercati, supermercati e negozi di prossimit...

Package: Trillion-dollar United States virus rescue package at risk

The package - likely the largest federal intervention in U.S. history - would cushion the blow for Americans and backstop ailing businesses, and would likely se...

Reserve Bank announces further measures to support economy

In a statement the Reserve Bank said the negative economic implications of the coronavirus outbreak had continued to intensify and the committee agreed that fur...

Coronavirus: sospensione multe e maggiore tempo per l'assicurazione

Eventuali sinistri che dovessero accadere nel periodo compreso fra la scadenza della vecchia copertura e l'attivazione della nuova, purché occorsi entro 30 gi...

US Congress leaders to meet Treasury Secretary ahead of stimulus bill vote

Those limits have led to massive layoffs and fears that many businesses will not survive the crisis. US Secretary of Treasury Steven Mnuchin attends a meeti...

McDonald's to close Irish restaurants

Starting Sunday, McDonald's Canada is no longer offering take-out service, and has closed the dining rooms at all restaurants due to the COVID-19 pandemic. "W...

Seattle retailer Amazon raises overtime pay for warehouse worker after Senators demur

The e-commerce giant also recently raised its base pay for these workers, up to $17-an-hour from $15, in an effort to reward current employees and entice new on...

No more sending tests to Manitoba: QEII able to confirm COVID-19

Premier Stephen McNeil has declared a provincial state of emergency, saying people are blatantly ignoring the calls for social distancing. "Municipal staff will...

Coronavirus: Bank of England announces interest rate cut to record-low 0.1%

Savers face further misery from the Bank of England base rate being slashed from 0.25% to a new historic low of 0.1%. This will have a knock on affect for peo...

Hotel staff sacked and told to leave accommodation after government virus advice

Amidst the ongoing coronavirus outbreak, Coylumbridge Hotel near Aviemore issued letters to staff, asking them to "vacate the premises immediately", but have ...

Coronavirus: Emirates to suspend all passenger flights

The airline will temporarily suspend all passenger flights by 25 March. However its cargo operations will continue. The airline has aimed to maintain passen...

Banks are 'playing their part in Team Australia'

ANZ is the only big bank that lowered variable rates for home loans. Furthermore, it introduced a two-year fixed rate of 2.19% for owner-occupiers paying prin...

Cabinet Approves Schemes To Boost Electronics Manufacturing

The Union Cabinet chaired by Prime Minister Narendra Modi has approved outlay of Rs 9,940 crore and Rs 3,820 crore for bulk drugs and medical devices, res...

Government announces $66 billion coronavirus stimulus package

Those businesses produce about a third of the country's annual economic output and employ more than 40% of the workforce, according to government statistics. An...

This Is How JLR Celebrates 50 Years Of Range Rovers, In Style!

The UK's largest carmaker said the suspension would come in place from next week and last at least until April 20, when it will be subject to a review of the "r...