Business
Latest stories
Federal Reserve Convenes as Virus Puts U.S. Recovery on Edge

The Federal Reserve meets next week amid mixed signals on the health of the US economy, with some sectors bouncing back from the coronavirus-caused downturn and others struggling.

W140 Full Story
Jordan to Reopen to 'Low Risk' Countries in August

Jordan will reopen its airports to commercial flights next month after a near five-month shutdown imposed to stem the spread of the coronavirus, an official said Sunday.

W140 Full Story
Russian Central Bank Cuts Key Rate over Virus Impact

Russia's central bank on Friday cut its key rate by 0.25 points to 4.25 percent -- its lowest in recent history -- to speed economic recovery after coronavirus lockdowns.

W140 Full Story
U.S. Stocks Fall amid China Tensions, Intel Plunges

Wall Street stocks fell again in early Friday trade amid soaring U.S.-China tensions and weakness in technology shares, including in Intel, which plunged amid production delays.

W140 Full Story
U.S. New Home Sales Surge in June

Sales of new homes in the United States jumped 13.8 percent in June from the previous month, the Commerce Department said on Friday.

W140 Full Story
Eurozone Business Growth Turns Positive, Says IHS Markit

Business activity in the 19-nation eurozone is increasing for the first time since February, before the coronavirus lockdown, according to a survey of purchasing managers by IHS Markit.

W140 Full Story
Russia Jails Air Traffic Controllers over Total CEO Death

Russia on Thursday handed three air traffic controllers jail terms for the deaths of Total CEO Christophe de Margerie and crew members in a collision with a snowplow in Moscow.

W140 Full Story
Starved of Tourists, Paris Counts on Parisians to Pull Through

Stephane Manigold's bistro in western Paris is bustling this summer despite the coronavirus crisis that has emptied the capital of foreigners -- largely thanks to locals taking advantage of his newly created outdoor dining area.

W140 Full Story
Microsoft Sees Growth amid Pandemic Computing Demands

Microsoft on Wednesday reported rising revenues in the past quarter amid strong demand for cloud computing services from pandemic-hit businesses and consumers and big gains in its Xbox gaming operations.

W140 Full Story
Emirates to Cover Virus-Related Medical Costs

Emirates, the largest airline in the Middle East, will cover customers' coronavirus-related medical costs in a bid to "boost travel confidence", the Dubai Media Office reported Thursday.

W140 Full Story