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Honda, Fiat Chrysler aim to restart U.S., Canada auto production in May

Honda Motor Co and Fiat Chrysler Automobiles NV said on Monday they hope to restart U.S. and Canadian auto production in May amid the ongoing coronavirus pandemic......»»

Category: topSource: REUTERS7 hr. 55 min. ago Related News

World stocks jump on less dire virus data, oil falls after OPEC+ delay

World stock markets jumped on Monday, encouraged by slowdowns in coronavirus-related deaths and new cases in some global hot spots, while oil prices tumbled again due to a delay in talks between Saudi Arabia and Russia to cut supply......»»

Category: topSource: REUTERS7 hr. 55 min. ago Related News

OPEC+ likely to agree to cut production if U.S. joins effort: sources

Major oil producers includi.....»»

Category: topSource: REUTERS7 hr. 55 min. ago Related News

Airbnb secures $1 billion investment from Silver Lake, Sixth Street

Airbnb said on Monday private-equity firms Silver Lake and Sixth Street Partners would invest $1 billion in the U.S. home rental company through a combination of debt and equity......»»

Category: topSource: REUTERS7 hr. 55 min. ago Related News

Boeing suspending 787 production at South Carolina plant

Boeing Co said on Monday it would suspend production of its 787 airplane at its facilities in South Carolina amid the coronavirus pandemic......»»

Category: topSource: REUTERS7 hr. 55 min. ago Related News

Coronavirus spread may be leveling off in New York, New Jersey; vigilance urged

The gove.....»»

Category: topSource: REUTERS7 hr. 55 min. ago Related News

Monday"s big rally is premature: financial advisor

FiPlan Partners CEO Greg Powell says despite the big rally in stocks on Monday, equities could still head lower because corporate earnings will be weak as the unemployment spikes......»»

Category: videoSource: REUTERS8 hr. 55 min. ago Related News

Honda, Fiat Chrysler cancel all April U.S., Canadian auto production

Honda Motor Co and Fiat Chrysler Automobiles NV said on Monday they will extend their auto production shutdown in the United States and Canada to all of April......»»

Category: topSource: REUTERS9 hr. 55 min. ago Related News

Stocks jump as virus deaths slow; oil falls after OPEC+ delay

World stock markets jumped on Monday, encouraged by a slowdown in coronavirus-related deaths and new cases in some global hot spots, oil prices tumbled again due to a delay in talks between Saudi Arabia and Russia to cut supply......»»

Category: topSource: REUTERS9 hr. 55 min. ago Related News

Wall Street soars 7% on hopes of slowing coronavirus deaths

U.S. stocks rocketed higher on Monday, with each of the major indexes rallying about 7%, after a fall in the daily death toll in New York, the country's biggest coronavirus hot spot, fueled optimism a leveling off of the pandemic was on the horizon......»»

Category: topSource: REUTERS9 hr. 55 min. ago Related News

Allstate to return $600 million in auto premiums as pandemic cuts driving

U.S. insurer Allstate Corp said on Monday it would return more than $600 million in auto insurance premiums to customers as many Americans drive less due to "shelter-in-place" orders to curb the coronavirus outbreak......»»

Category: topSource: REUTERS9 hr. 55 min. ago Related News

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

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 ways to boost cash reserves ahead of their planned merger......»»

Category: topSource: REUTERS9 hr. 55 min. ago Related News

Capri furloughs all North America retail staff, sees stores opening around June 1

Capri Holdings Ltd will furlough all its 7,000 retail staff in North America due to the coronavirus outbreak and expects to reopen stores around June 1, the owner of Michael Kors and Versace brands said on Monday......»»

Category: topSource: REUTERS10 hr. 25 min. ago Related News

Wall Street surges on hopes of slowing coronavirus deaths

U.S. stocks surged on Monday, with each of the major indexes rallying more than 5%, after a drop in the daily death toll in New York, the country's biggest coronavirus hot spot, fueled hopes a leveling off of the pandemic was on the horizon......»»

Category: topSource: REUTERS10 hr. 25 min. ago Related News

Alaska"s RavnAir bankruptcy while awaiting government aid shows regional airlines" challenges

RavnAir Group, the largest regional .....»»

Category: topSource: REUTERS10 hr. 25 min. ago Related News

Airbus announces additional production pauses

Airbus said on Monday it had decided additional production pauses, in Germany and in the United States, in response to an industry-wide slowdown triggered by the coronavirus crisis......»»

Category: topSource: REUTERS10 hr. 25 min. ago Related News

Honda extends U.S., Canadian auto production halt through May 1

Honda Motor Co said on Monday it will extend its auto production shutdown in the United States and Canada through May 1......»»

Category: topSource: REUTERS10 hr. 25 min. ago Related News

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 bank for cash, easing concerns among banks about getting stuck holding the low interest loans......»»

Category: topSource: REUTERS10 hr. 25 min. ago Related News

NYSE in talks with SEC to ease listing rules during coronavirus volatility

The New York Stock Exchange said on Monday it was in talks with regulators to temporarily ease its listing requirements to take the strain off companies that may have fallen out of compliance due to the market rout spurred by the coronavirus......»»

Category: topSource: REUTERS10 hr. 25 min. ago Related News

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

A.....»»

Category: topSource: REUTERS10 hr. 25 min. ago Related News