[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

[ad_1] WASHINGTON (Reuters) – Millions more Americans filed for unemployment benefits last week as backlogs in processing claims continue to be cleared and disruptions from the novel coronavirus unleash a second wave of layoffs, pointing to another month of staggering job losses in May. The Labor Department’s weekly jobless claims report, the most timely data

[ad_1] FILE PHOTO: People who lost their jobs wait in line to file for unemployment following an outbreak of the coronavirus disease (COVID-19), at an Arkansas Workforce Center in Fayetteville, Arkansas, U.S. April 6, 2020. REUTERS/Nick Oxford/File Photo WASHINGTON (Reuters) – Millions more Americans filed for unemployment benefits last week as backlogs continue to be

[ad_1] BERLIN (Reuters) – Lufthansa (LHAG.DE) is in advanced talks over a 9 billion euros ($9.9 billion) state bailout that would see Germany take a 20% stake in its flagship airline, as countries battle to save an aviation industry hammered by the coronavirus pandemic. FILE PHOTO: Aircraft of the German carrier Lufthansa are parked on

[ad_1] TOKYO (Reuters) – Oil rose on Thursday to its highest since March, supported by lower U.S. crude inventories, OPEC-led supply cuts and recovering demand as governments ease restrictions on people’s movements imposed due to the coronavirus crisis. FILE PHOTO: Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019. REUTERS/Nick Oxford/File Photo/File

[ad_1] BOSTON/WASHINGTON (Reuters) – U.S. authorities on Wednesday arrested a former U.S. Army Special Forces soldier and another man in Massachusetts wanted by Japan on charges that they enabled the escape of former Nissan Motor Co boss Carlos Ghosn out of the country. Former U.S. Green Beret Michael Taylor, 59, and his son, Peter Taylor,

[ad_1] TOKYO (Reuters) – Oil prices advanced on Thursday as a drawdown of U.S. crude inventories and output cuts by major producers helped ease concerns about a supply glut, though lingering fears over the global economic fallout from the COVID-19 pandemic capped gains. FILE PHOTO: Pump jacks operate at sunset in Midland, Texas, U.S., February

[ad_1] FILE PHOTO: Former Nissan chairman Carlos Ghosn gestures during a news conference at the Lebanese Press Syndicate in Beirut, Lebanon January 8, 2020. Picture taken January 8, 2020. REUTERS/Mohamed Azakir TOKYO (Reuters) – Nissan Motor Co said on Thursday it still reserves the right to take further legal measures in the case of its

[ad_1] FILE PHOTO: Aircraft of the German carrier Lufthansa are parked on the tarmac, as the spread of the coronavirus disease (COVID-19) continues, at the airport in Frankfurt, Germany March 24, 2020. REUTERS/Ralph Orlowski/File Photo BERLIN (Reuters) – Airline Lufthansa (LHAG.DE) said on Thursday it is in advanced talks with the German government’s economic stabilisation

[ad_1] FILE PHOTO: A Ford Motor assembly worker works on a 2018 Ford F150 pick-up truck at Ford’s Dearborn Truck Plant during the 100-year celebration of the Ford River Rouge Complex in Dearborn, Michigan U.S. September 27, 2018. REUTERS/Rebecca Cook/File Photo DETROIT (Reuters) – Ford Motor Co (F.N) on Wednesday closed two U.S. assembly plants

[ad_1] NEW YORK (Reuters) – Oil prices climbed over 3% on Wednesday on signs of improving demand and a drawdown in U.S. crude inventories, but gains were capped by worries over the economic fallout from the coronavirus pandemic and weak refining margins. FILE PHOTO: The sun sets behind an oil pump outside Saint-Fiacre, near Paris,

[ad_1] OTTAWA (Reuters) – There will be no cap on the size of Canada’s emergency loans to large companies harmed by the coronavirus pandemic but there will be multiple restrictions, the government said on Wednesday, as it recommended wearing masks in public for the first time. FILE PHOTO: Canada’s Prime Minister Justin Trudeau arrives to

[ad_1] (Reuters) – Wall Street’s main indexes surged and the Nasdaq hit its highest level in three months on Wednesday as investors clung to hopes of a recovery from a coronavirus-fueled slump amid signs of more stimulus for ailing sectors. The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan

[ad_1] FILE PHOTO: Former Nissan chairman Carlos Ghosn attends a news conference at the Lebanese Press Syndicate in Beirut, Lebanon January 8, 2020. REUTERS/Mohamed Azakir/File Photo BOSTON (Reuters) – U.S. authorities on Wednesday arrested a former special forces soldier and another man wanted by Japan on charges that they enabled the escape of former Nissan

[ad_1] The logo of French car manufacturer Renault is seen at a dealership of the company in Illkirch-Graffenstaden near Strasbourg, France, June 12, 2019. REUTERS/Vincent Kessler PARIS (Reuters) – French carmaker Renault (RENA.PA) will re-open its Normandy-based Sandouville plant in northwestern France on Friday, a trade union source told Reuters on Wednesday. Renault had suspended

[ad_1] FILE PHOTO – The Air France-KLM company logo is seen during the company’s half-year results in Paris, France, August 1, 2018. REUTERS/Benoit Tessier AMSTERDAM (Reuters) – A 2019 move by the Dutch government to buy a 14% stake in Air France-KLM (AIRF.PA) was not in accordance with the country’s laws, the Netherlands’ Court of

[ad_1] FILE PHOTO: Passengers board a Norwegian Air plane in Kirkenes, Norway October 26, 2019. REUTERS/Gwladys Fouche/File Photo OSLO (Reuters) – Budget airline Norwegian Air (NWC.OL) has secured a long-sought credit guarantee from Norway’s government after completing a debt restructuring, it said on Wednesday, allowing it to survive in a slimmed-down version. Following the grounding

[ad_1] BOSTON (Reuters) – What would seem like a sure win for elite investors – early bets on companies racing to make face masks, hand sanitizer and other coronavirus-related protective products – turned out to be a relatively unpopular strategy and one with surprisingly mixed results. FILE PHOTO: Various N95 respiration masks at a laboratory

[ad_1] WASHINGTON (Reuters) – Asian stocks struggled to extend the week’s rally on Wednesday and gold and bonds firmed as a sceptical press report dented some hopes for a COVID-19 vaccine and concerns about bumps in the global recovery from the pandemic returned. FILE PHOTO: A passerby wearing a protective face mask, following an outbreak

[ad_1] SEOUL (Reuters) – Oil prices dipped on Wednesday as concerns over the lasting economic fallout from the coronavirus pandemic outweighed signs of improving demand and production cuts by major oil producers. FILE PHOTO: The sun sets behind an oil pump outside Saint-Fiacre, near Paris, France March 28, 2019. REUTERS/Christian Hartmann Brent crude futures for

[ad_1] FILE PHOTO: An Urban Outfitters store front is seen in Evanston, Illinois, U.S. May 13, 2016. REUTERS/Jim Young (Reuters) – Apparel retailer Urban Outfitters Inc (URBN.O) on Tuesday projected a 60% decline in same-store sales in the second quarter due to tepid demand recovery from the COVID-19 pandemic disruptions, sending its shares down 6%

[ad_1] FILE PHOTO: An employee walks past a Boeing 737 Max aircraft seen parked at the Renton Municipal Airport in Renton, Washington, U.S. January 10, 2020. REUTERS/Lindsey Wasson WASHINGTON (Reuters) – The Federal Aviation Administration said Tuesday it would require Boeing Co (BA.N) and other aircraft manufacturers to adopt new safety-management tools following two fatal

[ad_1] FILE PHOTO: The power station of the Volkswagen (VW) plant is pictured after VW starts shutting down production in Europe amid the outbreak of coronavirus disease (COVID-19) in Wolfsburg, Germany, late March 19, 2020. REUTERS/Fabian Bimmer FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) said it agreed with a German court to pay 9 million euros ($9.9

[ad_1] NEW YORK (Reuters) – Oil prices pulled back slightly on Tuesday as a U.S. Senate committee grilled Federal Reserve Chair Jerome Powell and Treasury Secretary Steven Mnuchin about aid packages intended to bolster the economy. FILE PHOTO: The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin

[ad_1] Aides wearing masks stand behind White House economic adviser Larry Kudlow as he speaks to reporters about the economic impact of the coronavirus disease (COVID-19) at the White House in Washington, U.S., May 15, 2020. REUTERS/Kevin Lamarque WASHINGTON (Reuters) – White House economic adviser Larry Kudlow said on Tuesday that President Donald Trump wants

[ad_1] U.S. President Donald Trump speaks with restaurant executives and industry leaders during a coronavirus disease (COVID-19) pandemic meeting in the State Dining Room at the White House in Washington, U.S., May 18, 2020. REUTERS/Leah Millis (Reuters) – U.S. President Donald Trump’s administration has awarded a $354 million contract to U.S.-based Phlow Corp to manufacture

[ad_1] FRANKFURT/DUESSELDORF (Reuters) – Thyssenkrupp could sell most of its steelmaking division, its CEO said on Tuesday, marking a historic reversal in strategy for the German conglomerate which has built its 200-year-old legacy as an industrial champion on the business. FILE PHOTO: Martina Merz, CEO of German conglomerate Thyssenkrupp AG, gestures during the annual shareholders