It passed the US House of Representatives on Friday afternoon and US President Donald Trump signed it later in the day. After the White House and Senators agreed on a deal to aid businesses and millions of Americans hit by the health crisis, futures briefly surged but soon reversed course as traders said much of the stimulus had been priced into financial markets. [Full Article...]
The growth comes after Tesla moved gradually to stop production at its San Francisco Bay Area Plant at Fremont , continuing manufacturing days following local governments informed the firm that it was not an important company and had to abide by stay-at-home rules that now cover most of California. [Full Article...]
Rajkiran Rai G, chief executive, Union Bank of India said the bank was trying to ensure that basic necessities of its borrowers are maintained, including payment of employee salaries. These loans will be available to their Corporate clientele, MSMEs, Retail borrowers , Pensioners, and Self Help Groups. SBI was the first to launch a Covid Emergency Credit Line, which allowed borrowers to avail... [Full Article...]
FILE PHOTO: Aircrafts of Air France Airlines are seen on the tarmac at Paris Charles de Gaulle airport in Roissy-en-France following the coronavirus disease (COVID-19) outbreak in France March 24, 2020. The approval is conditional on the carriers charging fares no higher than those in place on February 1. Alexandre de Juniac , IATA's director general and chief executive said: "We are in... [Full Article...]
That meant there was doubt about whether a quorum would be present. U.S. Speaker of the House Nancy Pelosi walks to the floor of the House of Representatives . Even before the House voted on the bill, Pelosi was already advocating for additional legislation to address funding for testing and treatments, increase the amount of people who qualify for family and medical leave and provide stronge... [Full Article...]
The restaurant remained closed for several days while professional cleaning services worked to sanitize the restaurant. As management began working with Ontario Public Health to confirm the case, Hamilton Public Health Services learned of the incident through CBC News. [Full Article...]
Both contracts are down about 60 per cent so far this year. The ongoing pricing war between them along with weaker demand for oil in the wake of the coronavirus outbreak is putting significant pressure on oil, with Brent crude oil futures (CFD) slipping from its recent top of Dollars 53.90 a barrel (intraday high on 3 March 2020) to the present low of USD 24.52 per barrel (intraday low on 18 Mar... [Full Article...]
The Carnival-owned cruise line has followed Royal Caribbean by extending the suspension of operations due to the coronavirus outbreak around the world. During a press conference Thursday, President Trump said he would support cruise lines being forced to register in the U.S.to receive aid from the government, saying, "We're going to work very hard on the cruise line business and we're going to fig... [Full Article...]