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U.S. insurers want taxpayers to back pandemic coverage for businesses
By Suzanne Barlyn(Reuters) - The U.S. insurance industry is promoting the idea of an insurance plan backed by the federal government…
Dollar slips as optimism holds ahead of Fed
By Tom WestbrookSINGAPORE (Reuters) - The dollar was on the back foot on Wednesday as the slowing spread of the coronavirus and moves to…
Futures jump with focus on earnings, easing of lockdowns
By C Nivedita(Reuters) - U.S. stock index futures rose on Tuesday after a round of quarterly earnings reports brought upbeat signs from…
Asia stocks set to rise as Wall Street jumps on lockdown easing hopes
By Chibuike OguhNEW YORK (Reuters) - Asian stocks were set for gains on Tuesday after a strong Wall Street session as easing lockdown…
U.S. imposes new restrictions on exports to China
(Reuters) - The United States on Monday posted rule changes that impose new restrictions on exports to China, including aircraft components…
Adidas misses forecasts with 93% profit plunge, warns on sales
BERLIN (Reuters) - Adidas (DE:ADSGn) reported a 93% plunge in first-quarter profit and sales off 19%, missing forecasts, and warned of a…
U.S. economy faces historic shock, with 16% joblessness possible, Trump adviser says
By Tim AhmannWASHINGTON (Reuters) - The shuttering of the U.S. economy due to the coronavirus pandemic is a shock of historic…
Japan’s MUFG bank plans more staff cuts, totalling 8,000 by 2023: Yomiuri
TOKYO (Reuters) - The banking arm of Mitsubishi UFJ Financial Group Inc (T:8306)is planning to reduce staffing levels by another 2,000…
Facebook’s big India deal portends a bruising time for SoftBank-backed Paytm
By Sankalp Phartiyal and Nupur AnandNEW DELHI/MUMBAI (Reuters) - Facebook's (O:FB) $5.7 billion investment in Reliance (NS:RELI)…
Coronavirus clouds Intel outlook, despite short-term bump from PC buying
By Stephen Nellis and Munsif Vengattil(Reuters) - Intel Corp (O:INTC) on Thursday forecast second-quarter earnings below Wall Street…