News

Part of plans for gradual reopening of UK economy in coming months

Australian home price growth slowed sharply in April as a coronavirus lockdown caused a sudden pullback in both buyers and sellers, and worse is to come as a spike in unemployment eats into incomes.

Boeing Co has no plans to seek additional funding through the capital markets or from the U.S. government at this time, the planemaker said in a statement on Thursday.

Light on debt and cash rich, Macau's Galaxy Entertainment is bleeding $3 million daily in operating cost as the coronavirus crisis upends its casino business. Such a jolt could sink most companies - a risk not taken lightly by global policymakers who have delivered various measures over the past two months...

The United States Oil Fund LP, the largest oil-focused exchange-traded product (ETP) in the country, said it may not be able to meet its investment objective of reflecting the spot prices of oil any longer, according to a filing on Thursday.

Data reinforce concerns that Covid-19 has exposed inequalities between ethnic groups

ROME/AMMAN, May 1 (Thomson Reuters Foundation) - When Fathy called his family back home in Egypt a week ago, they asked him to send money, as he had for the past year. But he had none, having lost his job as a car painter in the United Arab...

Molina Healthcare Inc would buy Magellan Complete Care, Magellan Health Inc's unit that provides managed-care health plans, for about $820 million, the healthcare insurer said https://reut.rs/2KNshrl on Thursday.

Visa Inc on Thursday decided to pull its full-year outlook on rising unemployment numbers and more people conserving cash during the COVID-19 pandemic even while posting a second-quarter profit that rose 4%.

Australian shares were set to tumble on Friday, tracking a broad sell-off on Wall Street overnight amid profit-taking and as dismal U.S. unemployment data again highlighted the economic pain from the coronavirus pandemic. The local share price index futures ...