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MAS sets up US$60b swap facility with US Fed

The increased operations, which begin on March 23 and last through at least the end of April, will "improve the swap lines' effectiveness in providing us dolla...

MyGov website crashes amid virus pandemic News

Mr Robert said that didn't mean there was no need for tighter cyber security. After earlier blaming hackers for causing the MyGov website to crash, Government...

Oil falls back as Russian Federation rejects Trump's intervention in price war

The senators and Trump have been pressing the Saudi Arabian government to pull back on the oil price war between them and Russian Federation. Texas's main oil...

U.S. Senate to vote on coronavirus relief bill on Monday: McConnell

They emerged without an agreement. The speaker of the House of Representatives, Nancy Pelosi, said earlier on Sunday that Democrats in that chamber will begin c...

US Treasury secretary says coronavirus relief plan calls for $4 trillion

Pritzker told CNN on Sunday. "We think we can stabilize the economy", Mnuchin said . "Mnuchin downplayed a question about a possible recession, calling it ...

InfoNews: McDonald's closes restaurants amid coronavirus pandemic

McDonald's added it will work with the local community groups to distribute food and drink from their restaurants in the coming days. Past year saw McDonald...

How're you keeping warehouse workers safe, US Senators ask Bezos

This is the second time the e-commerce giant announced an improvement in pay for its workers in a week. Workers at the facility told The Atlantic that employ...

New Class Action Lawsuit Accuses Purell Of Misleading Customers

The FDA cited several ad campaigns that were created claiming that Purell could prevent the flu, ebola, norovirus and other potentially deadly diseases. The l...

Bank of England cuts rates to 0.1%, ramps up bond-buying

It added that the decision is in line with the 11 March 2020 measures, which included reducing the United Kingdom countercyclical buffer rate to 0%. Furthermo...

Stocks finish volatile session higher, Dow up 1%

The dash for cash has strained markets. But the world's largest central banks announced their latest efforts to support financial markets and the economy. On ...

Sen. Loeffler under fire for improper trading after coronavirus hearing

Richard Burr (R-NC) to resign for purportedly dumping up to $1.7 million in stock after receiving confidential coronavirus briefings. "I relied exclusivel...

United Kingdom to pay firms not to sack workers over coronavirus

Growing numbers of United Kingdom firms are teetering on the brink of collapse amid the lockdown measures, threatening widespread job losses as demand for goods...

COVID-19 Outbreak: Emirates to Suspend All Passenger Flights from March 25

Emirates, one of the world's biggest worldwide airlines, is suspending all flights to France, Germany, Nigeria, New York and New Jersey due to the coronavirus ...

Australian banks announce $84b loan relief package for businesses

It would apply to more than $100 billion worth of existing loans, and would "pour $8 billion back into small business's pockets". "This is a multi billion dol...

Cabinet okays ₹48,000-cr. plan for electronics manufacturing

Cabinet has approved production linked-incentives for electronics companies. "The Union cabinet has approved a scheme on promotion of medical device parks ...

Mega Millions Numbers Drawn

The Powerball drawings are held every Wednesday and Saturday at 10:59 p.m. ET and the ticket sales cut off around one to two hours before the drawing, depending...

Push for total shutdown as second stimulus package revealed

As a result, major beaches across Sydney , including Bondi, Coogee and Maroubra, were closed on Sunday. Workers whose income has fallen by at least 20% due t...

ECB’s Lagarde launches €750 billion in emergency bond purchase scheme

ECB President Christine Lagarde overruled objections from Germany and the Netherlands to adopt a historic "no-limits" commitment to shore up the region's econo...

Uber, Ola suspend share-ride service in India

Founders John Zimmer and Logan Green said in an email to drivers, "those who would like to help neighbors get to grocery stores, workers to hospitals and care...

Price of oil at an 18 year low

However, the Kremlin on Friday said that Russian Federation and Saudi Arabia have good relations when it comes to oil markets and Moscow does not need anyone el...

Powerball (Australia) Lottery for March 19, 2020; check winning numbers

But did anyone win the Powerball drawing? Nobody won the Powerball jackpot last night, which was estimated to be $130 million with a cash option of $101.1 m...

President Trump wins Republican presidential primary in Illinois, GOP nomination

Weld and Trump have many differences of opinion, particularly on social issues. "Without that we will truly have lost our compass". The announcement came af...

Coronavirus: 81-year-old woman dies in Australia, death toll reaches 7

Morrison on Friday confirmed that state governments were working on providing similar relief for renters. Earlier this week these gatherings were limited to few...

Starbucks temporarily closing most locations in Canada due to coronavirus

A few exceptions will be made for stores that are located near hospitals so that the cafes can still serve frontline health workers and first responders. Most c...

IKEA To Temporarily Close Store Tomorrow

Thank you for your patience and understanding. He said: "These are extraordinary times and I know that, like all of us here at IKEA , many of you are conce...

Wall Street advances at end of blistering week

Dollar funding markets have come under extreme stress as businesses around the world build USA dollars war chests to weather the coronavirus storm. Investor...

Air New Zealand gets gov't bailout amid COVID-19 outbreak

Air New Zealand has received government assistance to the tune of NZ$ 900 million . Shattered airways have been left counting the price of authorities' help...

Dow drops 1,500 points as oil price plunge shocks markets

Veuer's Chloe Hurst has the story! CNBC's Jim Cramer breaks down why he worries Amazon, Walmart and Costco may be the only retailers left after the coronav...

UK Government orders hospitality sector to shut down

The grant will be backdated to 1 March and available from next week. Sunak also announced that small businesses would be able to defer next quarter's Value-...

Tesla to idle plant after Musk’s days-long duel with officials

The company says it's now changing course because continued operation was challenging for employees and suppliers. Earlier in the week, Elon Musk , Tesla's c...