By Rajesh Kumar Singh CHICAGO (Reuters) – Charlie Straface, president of Norwegian aluminum maker Norsk Hydro’s North American extrusion operations, convenes a coronavirus task force every other day to draw up cost-cutting measures to offset declining revenues and protect the unit’s cash balance during the economic slump related to the outbreak. With little clarity on […]
SINGAPORE (Reuters) – The dollar steadied on Monday after its steepest weekly loss in more than a month, as traders weigh the effect of inflation on the relative pace of looming rate hikes – with a wary eye on U.S. growth data and a European Central Bank meeting.FILE PHOTO: An employee of the Korea Exchange […]
SINGAPORE (Reuters) – The dollar was perched near multi-week highs on Friday, basking in its biggest gains in about a month after robust jobs data threw investors’ focus on to the strength of the U.S. recovery and on the possibility of it driving policy tightening.FILE PHOTO: A picture illustration shows U.S. 100-dollar bank notes taken […]
