[ad_1] FILE PHOTO: The logo of Swiss logistics group Kuehne + Nagel is seen at its headquarters in Schindellegi, Switzerland October 17, 2018. REUTERS/Arnd Wiegmann ZURICH (Reuters) – Freight-forwarder Kuehne+Nagel (KNIN.S) may cut more than 20,000 jobs, with warehouse workers most affected, as the coronavirus-caused economic crisis hits shipping, controlling shareholder Klaus-Michael Kuehne said in

[ad_1] NEW YORK (Reuters) – The more than a century old car rental firm Hertz Global Holdings Inc (HTZ.N) filed for bankruptcy protection on Friday after its business all but vanished during the coronavirus pandemic and talks with creditors failed to result in needed relief. FILE PHOTO: A Hertz rental car sign is placed outside

[ad_1] FILE PHOTO: A worker leaves the Boeing Everett Factory, amid the coronavirus disease (COVID-19) outbreak, in Everett, Washington, U.S. March 23, 2020. REUTERS/David Ryder/File Photo (Reuters) – A group representing some of the largest U.S. employers has asked Congress for a year-long ban on mergers and acquisitions among hospitals and doctors groups that received

[ad_1] NEW YORK (Reuters) – An Uber customer on Friday asked a Manhattan federal judge to overturn an arbitration win for the company in a price-fixing case, arguing that the arbitrator only ruled in Uber’s favor because he was scared. FILE PHOTO: The Uber logo is displayed on a mobile phone in this picture illustration

[ad_1] FILE PHOTO: The Federal Communications Commission (FCC) logo is seen in Washington February 26, 2015. REUTERS/Yuri Gripas/File Photo WASHINGTON (Reuters) – A group of U.S. agencies on Friday asked the Federal Communications Commission (FCC) to reconsider its unanimous April 22 decision to allow Ligado Networks [MOSAV.UL] to deploy a low-power nationwide mobile broadband network,

[ad_1] FILE PHOTO: The Google logo is pictured at the entrance to the Google offices in London, Britain January 18, 2019. REUTERS/Hannah McKay/File Photo WASHINGTON (Reuters) – A range of business groups have made an 11th-hour appeal to U.S. President Donald Trump as he weighs whether to restrict temporary work visas, warning of negative economic

[ad_1] WASHINGTON (Reuters) – The United States said on Friday it would add 33 Chinese firms and institutions to an economic blacklist for helping Beijing spy on its minority Uighur population or because of ties to weapons of mass destruction and China’s military. FILE PHOTO: Flags of U.S. and China are placed for a meeting

[ad_1] (Reuters) – Unemployment rates rose and total employment fell in all 50 U.S. states and the District of Columbia in April as efforts to contain the coronavirus pandemic forced businesses to close across the country, the Labor Department said on Friday. FILE PHOTO: People who lost their jobs are reflected in the door of

[ad_1] WASHINGTON (Reuters) – A group representing many major automakers on Friday backed the Trump administration’s decision to weaken Obama administration fuel efficiency standards but said it opposed further reductions in requirements. FILE PHOTO: The Ford logo seen at the North American International Auto Show in Detroit, Michigan, U.S., January 15, 2019. REUTERS/Brendan McDermid/File Photo

[ad_1] FILE PHOTO: A United Airlines passenger jet takes off with New York City as a backdrop, at Newark Liberty International Airport, New Jersey, U.S. December 6, 2019. REUTERS/Chris Helgren/File Photo WASHINGTON (Reuters) – The U.S. Transportation Department said late Friday it had granted tentative approval to 15 airlines to temporarily halt service to 75

[ad_1] FILE PHOTO: United Airlines president Scott Kirby speaks before the departure of the “Flight for the Planet”, the most eco-friendly commercial flight in history of aviation, according to the airline, from O’Hare International Airport to Los Angeles, in Chicago, Illinois, U.S., June 5, 2019. REUTERS/Kamil Krzaczynski (Reuters) – United Airlines Holdings Inc said on

[ad_1] FILE PHOTO: Logos of car rental company Hertz are seen outside Paris Charles de Gaulle airport in Roissy-en-France during the outbreak of the coronavirus disease (COVID-19) in France May 19, 2020. REUTERS/Charles Platiau (Reuters) – Car rental firm Hertz Global Holdings Inc (HTZ.N) is preparing to file for bankruptcy as soon as Friday night

[ad_1] WASHINGTON (Reuters) – New Chinese national security restrictions imposed on Hong Kong could draw a U.S. revocation of the former British colony’s “special status” under U.S. law, a move that would have far-reaching trade and investment implications. U.S. businesses oppose any change in Washington’s recognition of Hong Kong as a sufficiently autonomous city, where

[ad_1] FILE PHOTO: Delta Air Lines passenger planes are seen parked due to flight reductions made to slow the spread of coronavirus disease (COVID-19), at Birmingham-Shuttlesworth International Airport in Birmingham, Alabama, U.S. March 25, 2020. REUTERS/Elijah Nouvelage (Reuters) – Delta Air Lines Inc (DAL.N) said here on Friday a care kit containing a disposable face

[ad_1] NEW YORK/LONDON (Reuters) – Oil prices tumbled and global equity markets fell on Friday as China’s move to impose a new security law on Hong Kong further strained U.S.-China relations and clouded economic recovery prospects. FILE PHOTO: Floor traders work space is seen on the trading floor after the closing bell, following traders testing

[ad_1] (Reuters) – Wall Street ended mixed on Friday in a mostly tame finish to a week of strong gains, as investors gauged China-U.S. tensions and amid ongoing uncertainty about the pace of economic recovery from the coronavirus. FILE PHOTO: A worker cleans the floor of the New York Stock Exchange (NYSE) as the building

[ad_1] NEW YORK (Reuters) – Oil prices tumbled about 2% on Friday on rising U.S.-China tensions and doubts about how quickly fuel demand would recover from the coronavirus crisis. FILE PHOTO: A TORC Oil & Gas pump jack is seen near Granum, Alberta, Canada May 6, 2020. REUTERS/Todd Korol/File Photo Fuel demand plummeted in recent

[ad_1] (Reuters) – U.S. stock indexes moved in a flat-to-low range on Friday as investors gauged Sino-U.S. tensions amid continued uncertainty over the pace of economic recovery from the coronavirus. FILE PHOTO: The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York,

[ad_1] FILE PHOTO: People who lost their jobs are reflected in the door of an Arkansas Workforce Center as they wait in line to file for unemployment following an outbreak of the coronavirus disease (COVID-19), in Fort Smith, Arkansas, U.S. April 6, 2020. REUTERS/Nick Oxford -/File Photo/File Photo (Reuters) – Unemployment rates rose and total

[ad_1] DeWITT COUNTY, Texas (Reuters) – Royalties from oil pumped on Paul Ruckman’s land allowed the South Texas retiree to build a six-bedroom, seven-bathroom vacation home. He had plenty left over, and donated some of it to Helena, Texas, an 1800s ghost town that draws hundreds to historic buildings and gunfight re-enactments. FILE PHOTO: A

[ad_1] The leaping deer trademark logo is seen on John Deere equipment at a dealership in Taylor, Texas, U.S., February 16, 2017. REUTERS/Mohammad Khursheed (Reuters) – Deere & Co (DE.N) on Friday forecast a sharp fall in full-year profit as farmers and ranchers struggle to bring their goods to market because of coronavirus-led restrictions, crushing

[ad_1] A building of the Geely Auto Research Institute is seen in Ningbo, Zhejiang province, China August 4, 2017. REUTERS/Aly Song BEIJING (Reuters) – China’s Geely will explore the possibility of deeper cooperation with German luxury automaker Daimler AG (DAIGn.DE), its Chairman Li Shufu said on Friday. Geely built a 9.69% stake in Stuttgart-based Daimler

[ad_1] FILE PHOTO: The logo of Renault carmaker is pictured at a dealership in Les Sorinieres, near Nantes, France, February 19, 2020. REUTERS/Stephane Mahe PARIS (Reuters) – Renault (RENA.PA) could disappear if it does not get help very soon to cope with the fallout from the coronavirus crisis, France’s Finance Minister Bruno Le Maire said

[ad_1] FILE PHOTO: General view of the Roche building in Welwyn Garden City, following the outbreak of the coronavirus disease (COVID-19), Welwyn Garden City, Britain, May 14, 2020. REUTERS/Paul Childs ZURICH (Reuters) – Pharmaceutical group Roche (ROG.S) has acquired U.S.-based Stratos Genomics to further develop DNA-based sequencing for diagnostic use, it said on Friday. “The

[ad_1] FILE PHOTO: A TORC Oil & Gas pump jack is seen near Granum, Alberta, Canada May 6, 2020. REUTERS/Todd Korol/File Photo TOKYO (Reuters) – Oil prices slumped on Friday after China’s decision to omit an economic growth target for 2020 renewed concerns that the fallout from the coronavirus pandemic will continue to depress fuel

[ad_1] FILE PHOTO: The Google logo is pictured at the entrance to the Google offices in London, Britain January 18, 2019. REUTERS/Hannah McKay/File Photo (Reuters) – Institutional Shareholder Services (ISS) has recommended shareholders of Google-parent Alphabet Inc to vote “against” the company’s proposed executive pay at its annual meet in June, according to a report

[ad_1] (Reuters) – Wall Street ended lower on Thursday, a day after hitting two-month highs, on a fresh wave of China-U.S. tensions that raised doubts about the trade deal reached early this year between the world’s two largest economies. President Donald Trump said the United States would react strongly if China imposes national security laws

[ad_1] (Reuters) – Lauren Taylor is figuring out what’s required to run a mattress store in the age of a deadly pandemic. FILE PHOTO: Lauren Taylor poses for a photo in a Holder Mattress store in Carmel, Indiana, U.S., May 18, 2020. Picture taken May 18, 2020. Nicole Zaremski/Holder Mattress/Handout via REUTERS As of May

[ad_1] NEW YORK (Reuters) – Global benchmark Brent rose more than 1% on Thursday to its highest since March, supported by lower U.S. crude inventories, OPEC-led supply cuts and recovering demand as governments ease coronavirus restrictions on people’s movements. FILE PHOTO: Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019. REUTERS/Nick Oxford/File

[ad_1] FILE PHOTO: A Southwest Airlines Boeing 737 MAX 8 aircraft is pictured in front of United Airlines planes, including Boeing 737 MAX 9 models, at William P. Hobby Airport in Houston, Texas, U.S., March 18, 2019. REUTERS/Loren Elliott (Reuters) – Southwest Airlines Co (LUV.N) will continue to limit bookings on its flights through at