Luxury carmaker Ferrari said on Friday it would extend the shutdown of its two Italian plants and reopen on April 14, provided it had supplies, and update 2020 forecasts in May when it releases its first-quarter earnings.
A new OPEC+ deal to balance oil markets might be possible if other countries join in, Kirill Dmitriev, head of Russia's sovereign wealth fund said, adding that countries should also cooperate to cushion the economic fallout from coronavirus.
Nestle, the world's biggest food company, says it has made significant progress removing cocoa produced in protected forests in West Africa from its supply chain as pressure builds from consumers and governments for ethically sourced cocoa.
WASHINGTON - A U.S. recession may already be underway. Could it be worse?
U.S. stock index futures fell over 2% on Friday, a day after the S&P 500 and the Dow posted their best three-day run since the early 1930s, as the United States faced the prospect of becoming the next global epicenter of the coronavirus pandemic.
A global shortage of condoms is looming, the world's biggest producer said, after a coronavirus lockdown forced it to shut down production.
Stocks across the globe fell on Friday after a historic three-day run-up, with indexes poised to close the month and quarter with starkly negative performances.
Doubts about the fate of the U.S. economy in the face of the coronavirus hammered Wall Street again on Friday, halting its best three-day bounce in almost a century as the number of cases across the country skyrocketed.
UK-based airline Virgin Atlantic will ask the British government for a package of commercial loans and guarantees worth hundreds of millions of pounds, the Financial Times reported https://www.ft.com/content/c2d817d9-8a73-4bb8-89e7-e5ca67ed41d7 on Friday, citing people familiar with the matter.
Buried in the federal COVID-19 relief bill is a measure that allows you to take a $300 above-the-line deduction for giving to charity. Here's what it really might be worth to you.
India's Reliance Industries Ltd is seeking to sell some April-loading crude cargoes in a rare move as it plans to cut crude processing after the coronavirus pandemic hit global fuel demand, four sources said on Friday.
The economic stimulus bill, which received final congressional approval on Friday, would let qualifying businesses delay when they have to pay their share of payroll taxes. Here's what that means.
Foreign exchange company Travelex said on Friday it was shutting its UK bureaus for about eight weeks or more due to the coronavirus pandemic and that it was in talks with its stakeholders for continued access to funds.
With fewer planes flying and more security and traffic control officers testing positive for the coronavirus, airports are closing terminals, concessions and checkpoints, even while trying to retain jobs with the hope of a post-crisis pickup.
Goldman Sachs and Morgan Stanley said on Friday they had received the final regulatory approvals to take majority stakes in their China securities joint ventures, as Beijing continues to open its financial sector to foreigners.