By Florence Tan and Shadia Nasralla SINGAPORE/LONDON (Reuters) – The minimal impact on oil prices from a global deal for record output cuts showed that oil producers have a mountain to climb if they are to restore market balance as the coronavirus shreds demand and sends stockpiles soaring, industry watchers said. After several days of […]
By Nupur Anand and Aftab Ahmed MUMBAI/NEW DELHI (Reuters) – The Indian government has asked all state-owned lenders to extend emergency credit lines to corporate borrowers, three government and banking sources said, as it rushes to tackle the fallout from the coronavirus outbreak that has grounded business across the globe. Banks have been asked to […]
WASHINGTON — President Joe Biden on Friday signed a bipartisan bill to extend government funding for three weeks to give Congress more time to reach an overdue deal financing federal agencies through the rest of the fiscal year, the White House announced. The Senate approved the measure Thursday by a bipartisan 65-27 vote, five more […]
