Cyclists ride through a nearly empty Times Square during the

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FILE PHOTO: Cyclists ride through a nearly empty Times Square in Manhattan during the coronavirus disease (COVID-19) outbreak in the Brooklyn borough of New York City, New York, U.S., March 31, 2020. REUTERS/Brendan Mcdermid

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U.S. farmers expected to get third tranche of trade aid despite Phase 1 deal: Perdue

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WASHINGTON (Reuters) – U.S. Agriculture Secretary Sonny Perdue said he expected U.S. farmers to receive a third and final tranche of trade-related payments even after a Phase 1 trade deal with China was signed, Bloomberg reported on Thursday. Washington and Beijing signed the pact on Wednesday, setting trade tensions between the two economic giants on […]
Business

Car manufacturing at lowest point since Second World War

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The number of cars made in Britain fell to its lowest point since the Second World War during April, down 99.7% compared to the same month last year. Just 152 cars were built for export and 45 for customers in the UK during the month, according to figures from the Society of Motor Manufacturers and […]
World News

Exclusive: Germany ran world’s largest current account surplus in 2019: Ifo

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By Rene Wagner BERLIN (Reuters) – Germany’s current account surplus remained the world’s largest last year despite trade tensions, the Ifo economic institute said on Monday, in an estimate likely to renew criticism of Chancellor Angela Merkel’s fiscal policies. The Ifo calculations, reported exclusively by Reuters ahead of publication by the economic institute, put Germany’s […]