China's current account was kept basically balanced and within a reasonable range in the first quarter of this year despite the coronavirus pandemic, and the outbreak will not affect the current account in the medium-to-long term, the foreign exchange regulator said on Friday.
Hong Kong's Cathay Pacific Airways Ltd will lay off 286 cabin crew based in the United States and furlough 201 pilots based in Australia and Britain, it said on Friday, as the coronavirus pandemic has virtually halted global travel.
World stock markets made a super-charged sprint towards an 11% weekly gain on Friday - their second best of all time - after President Donald Trump laid out plans to gradually reopen the coronavirus-hit U.S. economy following similar moves elsewhere.
The CARES Act passed by Congress is putting one-time payments into the hands of millions of Americans. But if you have outstanding private debt, that money could be taken from you. Some states have laws to prevent that.
Orange , France's biggest telecoms operator, said on Friday it would cut its dividend for the 2019 financial year by 30% and that it would review dividend policy for the 2020-2023 period in the wake of the coronavirus outbreak.
Asian stocks gained on Friday as President Donald Trump's plans to gradually re-open the U.S. economy outweighed concerns over data that showed China suffered its worst economic contraction on record due to the coronavirus outbreak.
Volvo Cars will reopen its Torslanda factory and offices in Sweden next week after overhauling its production processes to help prevent coronavirus infections, following a three week shutdown caused by the pandemic, the carmaker said on Friday.
Oil prices were mixed on Friday after the weakest Chinese economic data in decades showed the impact of the coronavirus pandemic, offsetting some earlier gains on optimism for President Donald Trump's early plans to revive the U.S. economy.
Air fares have fallen as much as 30% since the start of the year in North America and Europe, according to the first of a new series of industry data, while stabilising on a smaller decline in Asia where some coronavirus lockdowns are being eased.
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(This story contains language that some readers might find offensive in the 21st paragraph)
A new breed of trading algorithms has deftly navigated the turbulence in currency markets caused by the coronavirus pandemic, driving up demand for robots and potentially reshaping the world of foreign-exchange dealing beyond the crisis.
Shares of Tata Consultancy Services Ltd rose as much as 7.9% on Friday as investors shrugged off the software service firm's warning on coronavirus risks to focus on sales wins and its promise to push ahead with hiring this year.
Amazon does not know when its warehouses in France might reopen but hopes it can be soon, the head of its French business said on Friday.
Oil prices were mixed on Friday after the weakest Chinese economic data in decades showed the impact of the coronavirus pandemic, offsetting some earlier gains on optimism for President Donald Trump's early plans to revive the U.S. economy.