Abbott Laboratories Inc said on Thursday a recent ramp up in coronavirus tests production would help it ride out a tough current quarter as the outbreak chokes demand for its other diagnostic kits.
Oil prices ticked up on Thursday after sharp losses in the previous session, with investors hoping that a big build-up in U.S. inventories may mean producers have little option but to deepen output cuts as the coronavirus pandemic ravages demand.
Southwest Airlines Co has approached unions representing pilots, flight attendants, mechanics and other employees to discuss potential concessions to prepare for a slow industry recovery, a company official told Reuters on Thursday.
A record 22 million Americans have sought unemployment benefits over the past month, with millions more filing claims last week, almost wiping out all the job gains since the Great Recession and underscoring the toll on the economy from extraordinary measures to control the novel coronavirus outbreak.
China's long-term growth potential will not be affected by the short-term impact of the coronavirus pandemic, a spokesman for the National Bureau of Statistics said on Friday.
The dollar hit a one-week high on Thursday as investors fled to safe-haven assets following the release of weekly U.S. jobless data showing a record 22 million Americans have sought unemployment benefits in the last month.
Crowdfund Insider | JD Alois | April 16, 2020 Benchmarking Study Tallies $304.5 Billion in Alternative Finance Transaction Volumes During 2018 The Cambridge Centre for Alternative Finance (CCAF), part of the University of Cambridge Judge Business School, has published the single most comprehensive report on the evolution of alternative finance. The benchmarking report provides unique
Abu Dhabi’s Etihad Airways has the full support of its state shareholder as it plans a partial resumption of passenger flights from May 1, its chief executive Tony Douglas said on Thursday.
China's economic performance in the second quarter of this year is expected to be much better than in the first, the National Bureau of Statistics said on Friday.
Ford Motor Co said on Thursday that its China vehicle sales in the first three months this year fell 34.9% from a year earlier to 88,770 units, as coronavirus epidemic hit demands in the world's biggest auto market.
Real estate investment in China fell 7.7% in the first three months of 2020 from a year earlier, official data showed on Friday.
China's industrial output fell a less steeper-than-expected 1.1% in March from a year earlier, data from the National Bureau of Statistics showed on Friday, as the coronavirus crisis and strict containment measures severely disrupted the world's second-largest economy.
What is an investor to do in the face of unpredictable events like coronavirus? Instead of trying to "beat" the market, the key is to only take the amount of risk you can afford to take financially and psychologically. There are four important principles to follow.
Royal Caribbean Cruises Ltd said on Wednesday it would lay off or furlough about 26% of its workforce in the United States, affecting nearly 1,300 of its more than 5,000 employees in the country, as the coronavirus chokes international travel.
U.S. crude prices fell to an 18-year low and Brent lost more than 6% on Wednesday after the United States reported its biggest weekly inventory build on record, while global demand is expected to fall to quarter-century lows due to the coronavirus pandemic.