U.S. President Donald Trump delivers remarks to the news media

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FILE PHOTO: U.S. President Donald Trump delivers remarks to the news media during a meeting with bankers on COVID-19 Coronavirus response, inside the Cabinet Room at the White House in Washington, U.S., March 11, 2020. REUTERS/Tom Brenner

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Hungary to expand help for businesses hit by virus downturn

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By Marton Dunai BUDAPEST (Reuters) – Hungary will expand its government-subsidized scheme for shorter working hours to help firms weather the economic downturn caused by the coronavirus pandemic after business leaders complained the measures were too narrow in scope, a minister said. On April 6, the government announced a stimulus package amounting to 18%-20% of […]
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U.S. regulators discuss market conditions, financial resilience as coronavirus spreads

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By Katanga Johnson and Pete Schroeder WASHINGTON (Reuters) – The U.S. Treasury Department on Tuesday stepped up its response to growing fears the coronavirus could plunge the stock market into bear territory and have ripple effects across the financial system, convening an unscheduled call between the country’s top regulatory officials. Treasury Secretary Steven Mnuchin, Federal […]