New Indian rules to ensure scrutiny of investments from companies based in neighbouring countries, especially during the coronavirus outbreak, will also apply to Hong Kong, two senior government sources told Reuters on Monday.
Yum China's KFC fast food chain will begin selling plant-based fried chicken for the first time in China over a limited time period, it said on Monday.
Four Swedish and Danish subsidiaries of Norwegian Air have filed for bankruptcy due to the ongoing coronavirus crisis which has grounded most of the company's fleet, the budget carrier said on Monday.
Halliburton Co on Monday joined its bigger rival Schlumberger in taking impairment hits in the first quarter and issued a bleak outlook for North America as oilfield providers grapple with an unprecedented decline in oil prices.
Brazil appears set to embark cautiously on unconventional monetary policy using small interventions to tackle dysfunction in bond markets, as it does with foreign exchange, but the severity of the crisis may ultimately force it to emulate the dramatic steps taken in the United States and Europe.
Japanese tyremaker Bridgestone Corp said on Monday it will suspend operations at its 11 domestic plants, including 8 tyre factories, from late April to early May to cope with dwindling demand due to the coronavirus pandemic.
Developing countries may be the hardest hit economically by the coronavirus, International Monetary Fund managing director Kristalina Georgieva said on Monday, adding the IMF stands ready to help.
The S&P 500 and the Dow Jones headed lower on Monday following a strong two-week rally as oil prices crashed and investors grew cautious at the start of a week that is likely to bring more dismal quarterly earnings reports and economic data.
The $2.2 trillion historic stimulus package Congress passed in March beefed up unemployment benefits. But an avalanche of claims have overwhelmed state offices, leaving many people unable to access the money.
As we enter the second week of deployment of the coronavirus stimulus checks, many Social Security beneficiaries should have received their money, while others are still waiting. Here's the latest on the timing of those payments and whether you should update the information the government has on file.
Energy traders bailed out of the expiring May U.S. oil futures contract in a frenzy on Monday, sending the contract to a record of almost $1 a barrel, as few buyers are willing to take delivery of actual physical barrels of oil because there is no place to put the crude.
The motorway unit of Italian infrastructure group Atlantia is considering tapping government-backed liquidity to temper the impact of coronavirus on its business, two sources with knowledge of the matter said on Monday.
Vivendi's shareholders approved on Monday the payment of a dividend of 0.60 euro per share for the fiscal year 2019, with 99.52% of shareholder votes supporting the plan.
Crowdfund Insider | JD Alois | Apr 20, 2020 In a widely anticipated move, HM Treasury announced a new package of bailout programs for early-stage ventures that did not qualify for programs initially set into place to support the COVID-19 battered economy. There have been profound concerns that younger, entrepreneurial firms that require ongoing funding
Volkswagen AG said on Monday it will keep its factories in Brazil, South America's top auto producer, shut through the end of the month, but that a decision has not been made on whether it will reopen them in May or later.