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ANZ's profits drop 27 per cent to $1.3 billion

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US Amazon workers strike for better conditions in pandemic

Amazon said the company has increased cleaning at its facilities and is conducting temperature checks for employees, according to a news release. The action...

Eurozone could face fresh financial crisis as economic activity hits record lows

Service sector output, which accounts for two-thirds of the national economy, plunged to 27 from 39.8. The manufacturing industry's metric dropped to 36.9 fro...

Tyson closes largest pork plant

A public hotline has been established for Iowans with questions about COVID-19. "Significant ramifications" are in store forTyson Foods with the closing of it...

Energy and mining help Toronto market higher as price of oil climbs

Even as depressing economic and health reports pile up, some investors are looking ahead to parts of the economy reopening as infections level off in some areas...

Nebraska sees almost 4,000 drop in jobless claims last week

IL received more than 757,000 initial unemployment claims from March 1 to April 18, according to state data . Without those adjustments - which economists us...

Coronavirus outbreak: What negative oil prices mean

ICE Futures Europe Ltd. confirmed Tuesday that it had taken steps to prepare for negative Brent pricing, while the Chicago Mercantile Exchange took similar meas...

Coronavirus: US unemployment claims hit 26.4 million

Another 4.4 million Americans filed for government jobless benefits for the first time last week, almost one million fewer claims than did so the previous week....

Another surge in United States unemployment applications is likely

The Department of Labor has streamlined the unemployment process after hiring 3,000 more employees to work the overwhelming number of claims filed over the pa...

Oil prices reach historic low

Also on rt.com Blame game, oil edition: ETFs, regulator failure, Wall Street fraud or Covid-19? . Storage facilities and even ocean tankers are filling up. The...

Record dive in German business activity shows 'shocking' coronavirus impact - PMI

The main focus is on U.S. Initial Jobless Claims report which is expected to show that 4.2 million of Americans filed for unemployment benefits, taking the to...

Trump disregards science as chaos overtakes coronavirus response

Trump's top adviser on the pandemic, Anthony Fauci, said mitigation strategies were working, setting the stage for states to re-open. Kemp responded in a ...

Brent crude oil price hits 21-year low amid glut

In spite of the rally, WTI for June delivery remains down 77 per cent year-to-date amid widespread demand destruction from the economic lockdown created to comb...

Sensex crashes 1,000 points, Nifty below 9,000 level

Infosys jumped over 3 per cent ahead of its quarterly earnings, scheduled to be announced later in the day. Similarly, the NSE Nifty was quoting 32.60 points,...

Another flight takes back Britons to home from Pakistan

Already, the British Airways has flown 65 rescue flights from different parts of the world by coordinating with travel operators and the respective government...

IRS stimulus check timeline: When do paper ones get mailed?

The IRS will automatically issue $1,200 economic stimulus payments soon. Young people who are 17 or 18 aren't eligible for the $500 payment for children, whil...

Brexit transition must be extended for two years, insists Scottish minister

However, there is still a transition period until the end of the year, so that practically nothing has changed in everyday life. Without a trade deal, Britain...

Record Oil Price Drops Send Stock Markets Diving, Too

The two major oil price benchmarks are Brent and West Texas Intermediate (WTI). A historic crash in crude prices is driving USA shale into full-on retreat...

Stimulus check deadline looms for Social Security recipients with dependents

Such individuals have a limited window to register to receive the $500-per-eligible-child checks added automatically to their economic impact payments, accordi...

Oil Prices to Double by Fall, Predicts Industry Watcher

U.S. West Texas Intermediate was down 25 cents or 2.2% at US$11.32. Oil slumped to less than US$16 a barrel on Wednesday, hitting its lowest since 1999, with ...

Oil prices, stocks tumble worldwide due to coronavirus

The Dow Jones Industrial Average fell 518 points, or 2.2%, to 23,132, and the Nasdaq was down 2.5% The losses were widespread, and all 11 sectors that make up...

NewsAlert: Annual inflation rate cooled in March to 0.9 per cent

Malaysian Statistics Department said in a statement that transport index, which contributed 14.6 percent of overall weight, decreased 8.9 percent in March, due ...

Twitter hits gold as oil prices hit rock bottom

That's right, the stuff that makes the world go round, the lifeblood of the global economy, was worthless. Third, storage facilities for unused oil are fillin...

Virgin Australia in administration but Velocity points "safe"

The airline called in administrators Deloitte after a board meeting of its global shareholders voted against providing more financial support. Tuesday's decis...

Covid-19: Government announces Future Fund to protect United Kingdom start-ups

Small and medium-sized firms specialising in research and development will be eligible for access to £750 million of grants and loans. Sunak said on Monday th...

Negative oil futures price reflects shock of pandemic

Oil markets turned upside down as the May WTI futures contract slipped into negative territory earlier this week. The most active crude oil contract for Jun...

Amazon warehouse workers plan nationwide protest this week to demand coronavirus protections

More protests are being staged around the country this week. While the company has consistently batted away suggestions of unfair or unsafe working conditions...

How major USA stock indexes fared Tuesday

All the major S&P 500 sector indexes fell 2%, with the energy index sliding for the seventh time in eight sessions a day after the WTI contract crashed below ze...

Donald Trump calls for U.S. oil industry bailout as prices plunge

Cathedral Energy Services Ltd . ( TSX: CET ), an operator of directional drilling services to United States and Canadian oil and natural gas companies will impl...

Stocks sink with crude, TSX closes at session low

The broad-based S&P 500 dropped 3.1 per cent to 2,736.56, while the tech-rich Nasdaq Composite Index sank 3.5 per cent to 8,263.23. Oil prices have collapsed ...

Bound 2021 Audi A3 sedan revealed

As mentioned earlier, the Audi A3 is expected to go on sale in the worldwide market in a few months from now, but India is expected to receive the vehicle only ...