American Airlines is looking into canceling up to 60% of its summer schedules as the pandemic continues to push demand down
With travel restriction in almost all countries around the world are in place as part of the effort to contain ...
Oil slightly recovers after Trump said a deal between Saudi Arabia and Russia might be reached in a ‘few days’
President Trump's latest statements inspired the oil market to jump 10% on Thursday. Crude oil futures slightly recovered from weeks ...
Here are the states that suffered the most unemployment due to COVID-19 pandemic
As the coronavirus pandemic continues to afflict the entire world, industries and markets are profoundly affected by government policies that ...
Kynikos Associates founder warns investors against ‘virus stocks’
Kynikos Associates founder Jim Chanos warns investors about the possible drop in stock value of what he called "virus stocks," ...
China is underreporting COVID-19 cases, U.S. intelligence community says
A new report has revealed that the intelligence community told the White House that China and its government is purposely ...
IMF approves a new round of bilateral borrowing agreements to maintain $1 trillion lending capacity
A new round of bilateral borrowing has been approved by the board of the International Monetary Fund (IMF) from January ...
Facebook COO says they are ready for crisis because they learned from their mistakes
Facebook has learned from the lessons and the mistakes in the past, which prepared the tech giant to deal with ...
Oil prices are approaching ‘negative territory’ as production increases after OPEC+ cuts expire
As the coronavirus pandemic continues to paralyze business operations that require the government to implement draconian measures as the world ...
Ted Cruz: GOP senators warned Saudi Arabia against using oil as ‘economic warfare’ against Americans
Some GOP senators have recently "unloaded" on Saudi Arabian ambassador, demanding that the Middle East country cease weaponizing oil and ...
17% of all confirmed COVID-19 cases in the world comes from the US
The United States has charted an additional 8,407 COVID0-19 cases bringing the total infected individuals to 112,533, representing 17% of ...
The world economy is on ‘recession,’ says IMF chief
The COVID-19 has brought the global economy to a recession, International Monetary Fund (IMF) chief Kristalina Georgieva said Friday. However, ...
GM to cut 20% off pay of 69,000 employees amid promise to start production of critical-care ventilators
About 69,000 employees of General Motors worldwide will have their salary cut by 20% in an effort by the automaker ...
Trump signs $2 trillion coronavirus relief
President Donald Trump signed the $2 trillion coronavirus stimulus package on Friday, a law designed to provide relief to affected ...
GM announces the start of production of critical-care ventilators shortly after Trump’s tweets against CEO
General Motors and Washington-based Ventec Life Systems announced that efforts to begin production of critical-care ventilators are "already underway" and ...
$2 trillion coronavirus stimulus package passed by the House amid efforts to delay voting by Massie
After efforts of Rep. Thomas Massie, R-Ky, to delay the passage of the much awaited Coronavirus Stimulus Package, the House ...
COVID-19 infects more than half million people; WHO considers ‘airborne precautions’ for medical staff
SARS-CoV-2, a new strain of coronavirus that is responsible for the COVID-19 pandemic, can possibly be transmitted through the air, ...
Xi, Trump to work ‘closely together’ to fight against COVID-19
President Donald Trump has been in communication with Chinese President Xi Jinping as the two superpowers aim to work closely ...
Boeing CEO says he is confident that they will survive but seeks for $60 billion in government aid amid COVID-19 pandemic
Boeing CEO Dave Calhoun said that he is confident that the aeronautics company will survive the impacts of COVID-19 pandemic to ...
Retail analyst warns for the worst as coronavirus pandemic continues to spread worldwide
Retail stocks are amongst the most affected in the market as the continuous spread of the fatal coronavirus, also known ...
McDonald’s to close all UK stores amid COVID-19 pandemic
McDonald's is closing all of its stores in the United Kingdom and Ireland as a bid to limit social interaction ...
© Copyright 2020 PublicWire.com
