BEIJING (Reuters) – China’s foreign exchange reserves fell less than expected in February as the yuan weakened on fears over the fast spreading coronavirus epidemic and its severe impact on economic activity. The country’s foreign exchange reserves – the world’s largest – fell $8.779 billion in February to $3.107 trillion, central bank data showed on […]
BERLIN (Reuters) – German cabin crew union Ufo and Lufthansa <LHAG.DE> on Friday agreed on dates for further talks in a dispute over pay and working conditions among other issues and added there would be no strikes from now until at least the end of negotiations. In a joint statement, they said they had also […]
By Karen Brettell and Ross Kerber (Reuters) – Bond investors are beginning to absorb a mushrooming supply of Treasury securities issued to pay for the new coronavirus stimulus plan, but how seamlessly the new debt is digested may depend on whether it is short or longer-term. President Donald Trump last Friday signed into law a […]
