Finance

Covid-19 infection levels across United Kingdom lowest since autumn

MORE NEWS THIS CATEGORIES

French watchdog orders Google to pay media groups copyright

Gingras said Google "will comply" with the order, while reviewing it and continuing negotiations . After the law came into effect a year ago, Google said t...

Tesla Prices Longer-Range Model 3 to Attract More China Buyers

The rear-wheel drive variant, with a driving range of over 600 kilometers before needing to be recharged, differs from the imported version which was all-wheel ...

California Woman Accused of 'Licking' $1800 Worth of Groceries

Unlike other Safeways in Northern California , this particular El Dorado County location sells a number of nongrocery items, mainly for tourists, at the front ...

European Union ministers make breakthrough on coronavirus economic response

A deal may still be possible on Thursday, said German Finance Minister Olaf Scholz. Italy and Spain had the backing of the majority of member states to keep...

Allstate to payback $600 million to auto insurance customers amid coronavirus pandemic

As such, it will refund auto insurance customers an average of 15 percent on premiums, based on the monthly premium for April and May. The rebates will be mad...

Consumer prices slump 0.4% as virus puts chill on spending

Economists polled by Reuters had forecast the CPI dropping 0.3% in March and climbing 1.6% year-on-year. The "core" price index for all items except food and ...

Virus brought worst picture since Great Depression

The Managing Director, IMF , Kristalina Georgieva , said it was already clear that global growth would turn sharply negative in 2020 as it would be revealed...

B.C. sees 7.2% unemployment rate for March: StatCan

The previous record was the 125,000 jobs lost in January 2009. "Countless more jobs will be lost if we can't urgently get employers the wage supports they nee...

Coronavirus stimulus checks could be distributed to some Americans today

What is the coronavirus stimulus check? . As checks are about to hit accounts, law enforcement officials worry crooks are going to try to pounce. "Economi...

Federal Reserve announces details for $2.3T Main Street Lending Program

That figure was down from the adjusted prior amount of 6.8 million, but the total of Americans who have asked for relief, mostly because of coronavirus-relate...

Oil rises in volatile trading as production deal nears

Global fuel demand has plunged by around 30 million bpd, or 30% of global supplies, as steps to fight the coronavirus have grounded planes, cut vehicle usage an...

Coronavirus: More than 9 million expected to be furloughed

British Airways became the latest firm set to furlough tens of thousands of workers this week, putting them on temporary paid leave funded through a new governm...

Fed rolls out $2.3 trillion plan to stabilize economy

JJ Kinahan, chief market strategist at TD Ameritrade, said in spite of the bad unemployment data, investors took heart from the Fed measures and from the tone o...

Tesla to Cut Employees' Pay as Much as 30% to Curb Costs

With a surprising first quarter delivery number on Thursday despite the Coronavirus outbreak , Tesla was able to impress it's investors while further encoura...

Canada lost 1 million jobs in March, unemployment rate rises to 7.8%

Employment declines were the largest in public-facing positions and jobs that make it hard to work from home. "Since historically the number of people in this...

Fed Unleashes Plan for Up to $2.3 Trillion in Muni, Business Aid

He said that had been a concern among some about runaway inflation when the Fed was conducting billions of dollars of bond purchases to support to the economy a...

Coronavirus putting world on track for new Great Depression, says WTO

In view of the uncertainty about the pandemic's duration and economic impact, Azevêdo said, WTO economists developed two plausible scenarios. In a brand new...

European Union ministers fail to agree coronavirus economic rescue

The debate over debt mutualization, risk and burden sharing, echoes the divisions that nearly tore the European Union apart during the sovereign debt crisis n...

Canada loses 1.0 million jobs in March as coronavirus hammers labor market

Seasonally adjusted data released by Statistics Canada on Wednesday showed that 20,900 fewer people were working in Saskatchewan in March, compared to Februar...

Another 6.6 million claim unemployment benefits

Thursday, April 9 at 7 p.m., New Jersey 101.5 is hosting a live discussion on surviving the coronavirus economy, and getting the help you need. This week's cl...

Walmart 'Ignored' Coronavirus Outbreak Where 2 Employees Died

The lawsuit filed in IL state court on Monday by the estate of Wando Evans says the Walmart store south of Chicago was not properly cleaned and employees were...

Trudeau promises 'relaxed' rules for wage subsidy, more support for student jobs

The Montreal-based airline said rehired employees will benefit from the subsidy for the length of the program - now slated to last for up to 12 weeks, retroacti...

Twitter CEO Jack Dorsey donates $1 bn to 'disarm' COVID-19

Dorsey is the chief executive of both Twitter and Square. "Why pull just from Square and not Twitter? ". "Why now? The needs are increasingly urgent, a...

Children to return to classrooms after holidays, PM says

Childcare centres have lost significant business in recent weeks as thousands of Australians have been working from home. PRIME Minister Scott Morrison says h...

Asian shares rise, echoing Wall St optimism on virus battle

USA equities markets are starting the week with a rally driven by hopeful signs that the spread of the coronavirus outbreak may be slowing in response to aggr...

COVID-19: Google knows how well we’re social distancing in B.C.

Well, it is the same data that is now being used to let health officials and administrations in which areas are crowded and which are not. Most people are avo...

Logan's Roadhouse fires all employees, closes all restaurants

Restaurant chain Logan's Roadhouse has fired all its employees. The move comes after the CEO of CraftWorks Holdings was sacked for passing along $7 million in...

Applications for the Canadian Emergency Response Benefit open tomorrow

Applications can be done online or by phone. "We're going to be announcing in the coming days how people in that situation will be able to apply and receive t...

Enforcement on up to 76,350,094 ADSs of Luckin Coffee Inc

The default comes after Luckin, a major rival to Starbucks in China, said last week that much of its 2019 sales had been fabricated, sending its shares to plung...

Russia, Saudi 'very close' to oil deal, says Moscow negotiator

OPEC and its allies postponed an emergency meeting, led by Saudi Arabia, where the oil cuts could be agreed upon. The meeting was moved to Thursday. "That's ...

Japan to declare state of emergency for Tokyo, other areas

Tokyo's metropolitan government has strongly urged people to stay at home as the city of almost 14 million has seen an uptick in the number of cases in recent ...

Tesla shows prototype of ventilator made out of vehicle parts

It may fall short and come too late. One of the recognizable parts used is the touchscreen display from the Model 3 . "We want to use parts that we know re...

Japan to declare a state of emergency

Tokyo Gov. Yuriko Koike said the city will start transferring patients with no or slight symptoms from hospitals to hotels and other accommodations to make roo...

Japan PM to declare state of emergency as early as Tuesday

Measures are expected to include a stay-at-home request for residents, but there will be no penalties for objectors. He noted that public transportation and gro...

Saudi Arabia, Russia to meet Thursday over oil

That comes as the International Energy Agency said that the deepest production cuts in the oil industry's history wouldn't be enough to steady a crude market in...