New York Mayor Bill de Blasio speaks after the USNS Comfort pulled into a berth in Manhattan during the outbreak of coronavirus disease (COVID-19), in the Manhattan borough of New York City, New York, U.S., March 30, 2020. REUTERS/Carlo Allegri
Related Articles
Germany eyes post-virus stimulus package
By Michael Nienaber BERLIN (Reuters) – Germany is working on a post-coronavirus stimulus package to put Europe’s biggest economy back on track once the outbreak is contained, ministers said on Tuesday. Chancellor Angela Merkel’s cabinet on Monday agreed a package worth over 750 billion euros ($810 billion) to mitigate the direct impact of the pandemic, […]
Coronavirus takes toll on global M&A as $1 billion deals disappear
By Kane Wu HONG KONG (Reuters) – For the first time since September 2004, no merger and acquisition deal worth more than $1 billion was announced worldwide last week, according to data provider Refinitiv, as the new coronavirus stifles global M&A. The dearth of mega deals comes as countries across the world have shut down […]
U.S. auto sales in May encourage Detroit plan to rebuild inventories
DETROIT (Reuters) – Several automakers on Tuesday reported stronger-than-expected May sales in the United States, and the Detroit automakers said they will work through their annual summer shutdowns to rebuild inventories as demand recovers from coronavirus shutdowns. The U.S. auto sector has reopened assembly plants following the shutdown and automakers that reported May sales said […]