By Lewis Krauskopf NEW YORK (Reuters) – U.S. stock index futures tumbled to open trading on Sunday, hitting their daily down limit, after the Federal Reserve took drastic action to cushion the economic blow from the escalating coronavirus. The U.S. central bank slashed rates back to near zero, restarted bond buying and joined with other […]
By Stefanie Eschenbacher and Devika Krishna Kumar MEXICO CITY/NEW YORK (Reuters) – Mexico is playing a risky game of hide and seek with the oil market. To frustrate speculators and contain an annual bill of more than $1 billion, Mexico is going to new lengths to mask its attempts to insure its revenue from oil […]
(Reuters) – Delta Air Lines Inc <DAL.N> said on Wednesday it was extending the suspension of all flights between the United States and China from April 30 to May 31 due to the coronavirus outbreak. It also extended the suspension for some destinations in South Korea and Japan to the same date and said it […]
