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: EasyJet lands $1.87 billion state-backed loan as it looks to ease COVID cash crunch

Renewed COVID-19 lockdowns have heaped more pressure on already struggling airlines......»»

Category: topSource: marketwatchJan 11th, 2021

China’s Crackdown on Alibaba and Ant Drive $200 Billion Tech Selloff

Once hailed as the standard-bearers of China’s economic and technological ascendancy, Alibaba and its compatriots now face increasing pressure from regulators worried about the speed with which they’re amassing clout Ali.....»»

Category: topSource: timeDec 28th, 2020

Gap warns of a cash crunch, suspends paying rent

Gap warned on Thursday it may not survive the next 12 months intact and would need to borrow more funds in the face of widespread coronavirus shutdowns that have crippled the business of clothing retailers globally......»»

Category: videoSource: reutersApr 23rd, 2020

As coronavirus causes cash-flow crunch, Central Ohio craft brewers face SBA loan tab of $11.8 million

Central Ohio craft brewers have $11.8 million in active loans, but incoming federal assistance has owners breathing at least a little easier......»»

Category: topSource: bizjournalsApr 9th, 2020

U.S. excludes some Chinese medical products from tariffs

The U.S. Trade Representative's office said it granted on Thursday exclusions from import tariffs for some medical products imported from China, including face masks, stethoscope covers and blood pressure cuff sleeves......»»

Category: topSource: reutersMar 13th, 2020

Why China Sales Are Wrecking Ford Stock

Ford may face its worst year in a decade as coronavirus spreads around the world. The U.S. market may be difficult, but it is China that could erode the numbers at a frightful level......»»

Category: blogSource: 247wallstMar 12th, 2020

Fed faces fresh pressure to act, boosts repo operations

The Federal Reserve lifted the amount of temporary cash it’s willing to provide markets as pressure intensifies for the U.S. central bank to tackle the risk of a worldwide credit crunch. The Federal... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 10th, 2020

Market Extra: Here’s how investors say policymakers could help businesses survive a coronavirus cash crunch

Market participants are wondering what measures that policymakers could take to ameliorate pressure on corporations facing a potential cash crunch......»»

Category: topSource: marketwatchMar 9th, 2020

Ford and GM Face Their Worst Year in a Decade

General Motors and Ford may face their worst year in a decade as coronavirus spreads around the world. While the U.S. market may be difficult for them, it is China that could erode their numbers at a........»»

Category: blogSource: 247wallstMar 9th, 2020

Trump administration exempts face masks and medical gowns from import tariffs as coronavirus spreads

U.S. trade officials have exempted medical gowns, protective masks and other healthcare products made in China from trade-war-related import tariffs as demand soars amid the coronavirus crisis......»»

Category: worldSource: nytMar 6th, 2020

Explainer: Why automakers are on a drive to sell electric cars in Europe

Carmakers are under pressure in Europe to sell more electric cars or face huge fines for breaching new emissions rules aimed at tackling global warming......»»

Category: topSource: reutersMar 3rd, 2020

Factbox: U.S. business forecasts earnings pressure as coronavirus spreads

As the coronavirus epidemic spreads in China and beyond, U.S. companies will see profits stagnate in 2020, according to a Goldman Sachs report......»»

Category: topSource: reutersFeb 27th, 2020

Dow craters over 1,000 points as coronavirus spreads

U.S. equity markets were under severe pressure Monday morning following a surge in the number of coronavirus cases outside China......»»

Category: topSource: foxnewsFeb 24th, 2020

Dow craters almost 1,000 points as coronavirus spreads

U.S. equity markets were under severe pressure Monday morning following a surge in the number of coronavirus cases outside China......»»

Category: topSource: foxnewsFeb 24th, 2020

Workers at 6 US hospitals reveal how they respond to potential coronavirus cases — including face shields and negative-pressure isolation chambers

Athit Perawongmetha/Reuters A new coronavirus that originated in Wuhan, China has infected a dozen people in the US. Staff at six US hospitals told Business Insider how they are handling potential coronavirus pa.....»»

Category: topSource: businessinsiderFeb 7th, 2020

China central bank unexpectedly cuts reverse repo rates to help economy as virus spreads

China's central bank unexpectedly lowered the interest rates on reverse repurchase agreements by 10 basis points on Monday, as authorities stepped up measures to relieve pressure on the economy from a rapidly spreading virus outbreak......»»

Category: topSource: reutersFeb 2nd, 2020

Photos show hundreds of people queuing up for face masks across Asia, as coronavirus spreads

Getty As the Wuhan coronavirus continues to grip several countries across Asia, hundreds of people are queueing up in front of hospitals and pharmacies to buy face masks. Locals in Singapore, Hong Kong, and China are taking to social media to sh.....»»

Category: topSource: businessinsiderJan 30th, 2020

Market Snapshot: U.S. stock futures tumble as China coronavirus spreads, worries escalate

Wall Street is braced for losses at the start of the weekend amid deepening worries over China’s coronavirus,with the death toll and the number of infected soaring. That’s as markets kick off a huge week for earnings......»»

Category: topSource: marketwatchJan 27th, 2020

As Coronavirus Spreads, Sensitive China, US, Global Economies Face Great Risks

The Wuhan Coronavirus has escaped China, with the number of cases and the death toll rising. The economic impact beyond the loss of life and suffering is real in many stocks, sectors and local........»»

Category: blogSource: 247wallstJan 26th, 2020

Metals Stocks: Gold prices retreat as coronavirus threatens China buying

Gold futures on Tuesday trade lower, facing pressure as one of the commodity’s biggest buyers face a viral outbreak that could hurt buying of physical gold at a peak holiday period......»»

Category: topSource: marketwatchJan 21st, 2020