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UK extends job retention scheme for four months

The UK has extended its flagship job retention scheme by four months, but warned employers they will soon have to share the cost. Julian Satterthwaite reports......»»

Category: videoSource: REUTERSMay 12th, 2020Related News

Consumer prices drop by most since 2008

U.S. consumer prices plunged in April by the most since the Great Recession. As Fred Katayama reports, a drop in demand for gasoline and services as Americans stayed home during the coronavirus crisis dragged down the index......»»

Category: videoSource: REUTERSMay 12th, 2020Related News

"Hamilton" film gets fast-tracked to Disney+

A movie version of Lin-Manuel Miranda's Broadway mega-hit musical 'Hamilton' will start streaming on Disney+ one year ahead of its originally planned release date for movie screens. Conway G. Gittens has the details......»»

Category: videoSource: REUTERSMay 12th, 2020Related News

Hyatt to lay off 1300 workers

Hyatt Hotels said it would lay off 1,300 people globally as it tries to cope with the coronavirus crisis, which has virtually halted global travel by keeping people indoors. Fred Katayama reports......»»

Category: videoSource: REUTERSMay 12th, 2020Related News

Future flying: wear a mask, ask permission to pee

Board a Ryanair plane in the near future and you could be required to wear a mask and ask permission to use the toilet. Julian Satterthwaite reports......»»

Category: videoSource: REUTERSMay 12th, 2020Related News

Saudi Aramco net profit falls 25% as oil prices slide

Saudi Arabian state oil giant Aramco on Tuesday reported a 25% fall in first-quarter net profit, below analyst estimates. Ciara Lee reports.....»»

Category: videoSource: REUTERSMay 12th, 2020Related News

Musk says "ready for arrest," reopens plant against local order

Tes.....»»

Category: videoSource: REUTERSMay 12th, 2020Related News

Twitter launches labels, warnings on misleading COVID-19 information

Twitter will add .....»»

Category: videoSource: REUTERSMay 11th, 2020Related News

Nasdaq climbs for 6th day in a row

The Nasdaq rallied for day number six but the rest of the market was little changed with investors torn between a jump in global novel coronavirus cases and more economies set to reopen. Conway G. Gittens has the market round-up......»»

Category: videoSource: REUTERSMay 11th, 2020Related News

Not too late to bet on consumer stocks: advisor

Feeling like you missed the bus on the rebound in tech and defensive stocks? Wealth advisor Dryden Pence says investors can still buy consumer discretionary and consumer staples stocks, and for those with a strong stomach, travel and leisure stocks......»»

Category: videoSource: REUTERSMay 11th, 2020Related News

Shale pioneer Chesapeake weighs bankruptcy filing

Debt-stricken Chesapeake Energy said Monday it was considering a bankruptcy filing as the shale driller struggled with an unprecedented rout in oil and gas prices caused by the pandemic. Fred Katayama reports......»»

Category: videoSource: REUTERSMay 11th, 2020Related News

Michigan factories reopen after coronavirus shutdown

Factories in Michigan can resume production on Monday, enabling North American automakers to bring thousands of idled employees in the state back to work more than six weeks after locking down to help control the spread of the coronavirus......»»

Category: videoSource: REUTERSMay 11th, 2020Related News

BA owner burning cash, says quarantine plan will make it worse

British Airway.....»»

Category: videoSource: REUTERSMay 11th, 2020Related News

As lockdown eases, Parisians go shopping again

Parisians hit the shops on Monday as lockdowns ease, bringing relief and hope for the country's desperate shopkeepers. Julian Satterthwaite reports......»»

Category: videoSource: REUTERSMay 11th, 2020Related News

As U.S. meat supplies dwindle, exports to China soar

U.S. President Donald Trump ordered meat processing plants to stay .....»»

Category: videoSource: REUTERSMay 11th, 2020Related News

Sustainable Business: Preserving Austrian glaciers

With its season cut short by the coronavirus pandemic, one of Austria's most popular glacial ski resorts is covering its glacier in protective fabric earlier than usual this year to help preserve it for a still uncertain reopening......»»

Category: videoSource: REUTERSMay 11th, 2020Related News

Midnight haircuts: France wastes no time getting back to work

Lockdown restrictions ease in France from Monday, with some buisinesses, factories and schools allowed to reopen. Some hairdressers didn't waste any time, opening seconds after midnight. Julian Satterthwaite reports......»»

Category: videoSource: REUTERSMay 11th, 2020Related News

Saudi Arabia triples VAT rate as oil revenues tumble

Saudi Arabia wil.....»»

Category: videoSource: REUTERSMay 11th, 2020Related News

Marriott profit plunges 92%

Marriott International's quarterly profit plummeted Monday, as bookings plunged due to coronavirus-led travel restrictions. But as Fred Katayama reports, the hotel operator says it has begun to see demand stabilize......»»

Category: videoSource: REUTERSMay 11th, 2020Related News

World"s second oldest airline, Avianca, goes bust

Latin America's second-largest airline, Avianca Holdings, filed for bankruptcy on Sunday after failing to meet a bond payment deadline, while its pleas for coronavirus aid from Colombia's government have so far been unsuccessful. Libby Hogan reports......»»

Category: videoSource: REUTERSMay 11th, 2020Related News