Business

FILE PHOTO: Logo of Airbus is pictured at the aircraft builder’s headquarters of Airbus in Colomiers near Toulouse, France, September 27, 2019. REUTERS/Regis Duvignau PARIS (Reuters) – Airbus (AIR.PA) on Wednesday cut production across the board to absorb the hit to manufacturing from the coronavirus crisis. In its largest ever production adjustment, the European manufacturer
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LONDON (Reuters) – World stock markets enjoyed a second day of sharp gains on Tuesday as signs of progress against the coronavirus in both Europe and the United States and more liberal helpings of stimulus kept investors charging back in. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange
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(Reuters) – Boeing Co (BA.N) said on Sunday it would extend the suspension of production operations at its Washington state facilities until further notice amid the coronavirus outbreak. FILE PHOTO: A worker leaves the Boeing Everett Factory, amid the coronavirus disease (COVID-19) outbreak, in Everett, Washington, U.S. March 23, 2020. REUTERS/David Ryder/File Photo The largest
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WASHINGTON (Reuters) – Who’s watching over the U.S. government’s largest bailout in history – the $2.3 trillion in fiscal stimulus to fight the economic impact of the coronavirus? FILE PHOTO: An empty street is seen during the outbreak of the coronavirus disease (COVID-19) in Brooklyn, New York City, U.S., March 27, 2020. Picture taken March
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WASHINGTON (Reuters) – Thousands of U.S. banks, including some of the country’s largest lenders, have said they may not participate in the federal government’s small-business rescue program due to concerns about taking on too much legal and financial risk, five people with direct knowledge of industry discussions told Reuters. FILE PHOTO: U.S. Secretary of the
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A view shows empty shelves at a Carrefour supermarket as people began stockpiling food in Monaco as France grapples with an outbreak of coronavirus disease (COVID-19), March 13, 2020. REUTERS/Eric Gaillard PARIS (Reuters) – French supermarket retailer Carrefour (CARR.PA) and Uber Eats announced a new delivery service on Wednesday, aimed at helping Parisians buy essential
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(Reuters) – U.S. printer maker Xerox Holdings Corp (XRX.N) walked away from its $35 billion hostile cash-and-stock bid for HP Inc (HPQ.N) on Tuesday, after the coronavirus outbreak weighed on its campaign to take over the PC and printing equipment manufacturer. FILE PHOTO: The company logo for Xerox is displayed on a screen on the
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DETROIT (Reuters) – U.S. new vehicle sales likely drove off a cliff in March as the coronavirus pandemic pounded consumer confidence and shuttered dealerships across much of the country, and sales are likely to take a further beating in April as social distancing guidelines remain in place. FILE PHOTO: Automobiles are shown for sale at
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FILE PHOTO: The corporate logo of WPP is seen in this picture from 2018, obtained July 12, 2019. WPP/Handout via REUTERS LONDON (Reuters) – WPP (WPP.L), the world’s biggest advertising company, said it was pulling its dividend and share buyback, and withdrawing its guidance for 2020 after it saw an increasing number of cancelations from
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