Business

WASHINGTON (Reuters) – Republican U.S. senators from oil states who recently introduced legislation to remove American troops from Saudi Arabia said on Saturday they had spoken with three officials from the kingdom and urged them to take concrete action to cut crude output. FILE PHOTO: An employee rides a bicycle next to oil tanks at

FILE PHOTO: Air France planes seen on the tarmac at Paris Charles de Gaulle airport, March 24, 2020. REUTERS/Charles Platiau/File Photo PARIS (Reuters) – Air France KLM (AIRF.PA) has requested several billion euros of emergency funds from the French state while it negotiates a loan package from banks, which would be guaranteed by France and

FILE PHOTO – A logo of Honeywell is pictured on their booth during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 22, 2017. REUTERS/Denis Balibouse (Reuters) – Honeywell International Inc (HON.N) said on Friday it had renewed a revolving credit agreement for $1.5 billion, to be used for general corporate purposes

FILE PHOTO: U.S. President Donald Trump listens to a question during the daily coronavirus task force briefing at the White House in Washington, U.S., April 9, 2020. REUTERS/Jonathan Ernst WASHINGTON (Reuters) – U.S. President Donald Trump said on Friday that American airlines must be saved, as his administration prepares to give them details this weekend

FILE PHOTO: The Volkswagen Chattanooga Assembly Plant in Chattanooga, Tennessee November 4, 2015. REUTERS/Tami Chappell (Reuters) – Volkswagen AG (VOWG_p.DE) said Thursday it will furlough 1,500 workers at its U.S. assembly plant in Tennessee starting April 11 as the industry grapples with the ongoing coronavirus pandemic. The German automaker said the temporary emergency furloughs for

FILE PHOTO: A man crosses a nearly deserted Nassau Street in front of the New York Stock Exchange (NYSE) in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, New York, U.S., April 3, 2020. REUTERS/Mike Segar (Reuters) – U.S. stock index futures turned higher on

MELBOURNE (Reuters) – Crude futures rose on Thursday on expectations the world’s largest oil producers would agree to cut production at a meeting later in the day as the industry grapples with the coronavirus-driven collapse in global oil demand. FILE PHOTO: Oil pump jacks work at sunset near Midland, Texas, U.S., August 21, 2019. Picture

LONDON (Reuters) – World stocks turned negative on Wednesday as the coronavirus death toll mounted and euro zone finance minister failed to agree a rescue package to help economies recover from the impact of the outbreak. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April

NEW YORK (Reuters) – U.S. casino operator Wynn Resorts Ltd (WYNN.O) and automated teller machines maker NCR Corp (NCR.N) jointly raised $1 billion on Tuesday, in the first unsecured junk-rated bond offerings since the market was roiled by the coronavirus outbreak at the start of March. FILE PHOTO: An exterior view Wynn hotel-casino in Las

TOKYO (Reuters) – Oil rose on Tuesday amid hope that the world’s biggest producers of crude will agree to cut output as the coronavirus pandemic crushes demand, even as analysts warn a global recession may be deeper than expected and big production cuts will be needed. FILE PHOTO: An oil pump jack pumps oil in

(Reuters) – Allstate Corp (ALL.N), one of the largest U.S. auto insurers, said on Monday it would return more than $600 million in premiums to customers as many Americans drive less due to stay-at-home orders aimed at curbing the coronavirus outbreak. FILE PHOTO: A car moves along an empty highway during the coronavirus disease (COVID-19)

FILE PHOTO: A customer conducts a mobile money transfer, known as M-Pesa, at a Safaricom agent stall in Nairobi, Kenya October 16, 2018. REUTERS/Thomas Mukoya NAIROBI (Reuters) – Kenya’s leading telecom firm Safaricom (SCOM.NR) and South Africa’s Vodacom (VODJ.J) said on Monday that they had completed the acquisition of popular mobile money platform M-Pesa from

(Reuters) – United Airlines (UAL.O) said late Saturday it will drastically reduce flights to two New York City airports amid the coronavirus outbreak. FILE PHOTO: United Airlines passenger jets taxi with New York City as a backdrop, at Newark Liberty International Airport, New Jersey, U.S. December 6, 2019. REUTERS/Chris Helgren United said starting Sunday it

(Reuters) – Amazon.com Inc has been in contact with the CEOs of two coronavirus test makers as it considers how to screen its staff and reduce the risk of infection at its warehouses, according to internal meeting notes seen by Reuters. FILE PHOTO: A worker in a face mask walks by trucks parked at an

FILE PHOTO: The view of Tesla Inc’s U.S. vehicle factory which was open for business on March 18, despite an order by the Alameda county’s sheriff’s office to comply with a three-week lockdown in the San Francisco Bay Area, in order to rein in the spread of coronavirus disease (COVID), in Fremont, California, U.S., March

FILE PHOTO: U.S. President Donald Trump gestures with Jerome Powell, his nominee to become chairman of the U.S. Federal Reserve at the White House in Washington, U.S., November 2, 2017. REUTERS/Carlos Barria (Reuters) – Federal Reserve Chair Jerome Powell had two previously undisclosed phone calls with U.S. President Trump in February, calendars released on Friday