Old Navy boss to take the helm at Gap

(Reuters) – Apparel retailer Gap Inc <GPS.N> on Thursday named long-time executive Sonia Syngal as its…

Airlines face $100 billion-plus virus hit, discounts ‘wouldn’t do any good’

By David Shepardson and Aradhana Aravindan WASHINTGON/SINGAPORE (Reuters) – The coronavirus epidemic could rob passenger airlines…

Bank of Canada sees rate cut cushioning the economic blow of coronavirus

By Fergal Smith TORONTO (Reuters) – The Canadian economy’s resilience could be “seriously tested” by a…

Stocks tumble as coronavirus cases rise rapidly outside China

By Herbert Lash NEW YORK (Reuters) – Global equity markets tumbled and the dollar slid on…

OPEC raises stakes with Russia, seeks biggest oil cut since 2008 crisis

By Ahmad Ghaddar, Shadia Nasralla and Rania El Gamal VIENNA (Reuters) – OPEC pushed on Thursday…

Lebanon state prosecutor blocks order to freeze assets of 20 banks

By Laila Bassam and Ellen Francis BEIRUT (Reuters) – Lebanon’s state prosecutor suspended an order on…

Investors fret over risks to U.S. corporate credit as coronavirus spreads

By Kate Duguid and Megan Davies NEW YORK (Reuters) – Investors are growing increasingly worried that…

Traders shipped to suburbia as banks activate coronavirus firewalls

By Pamela Barbaglia, Lawrence White and Thyagaraju Adinarayan LONDON (Reuters) – Traders at the world’s biggest…

Boeing 737 MAX certification flight could come within ‘a few weeks’: FAA administrator

WASHINGTON (Reuters) – U.S. Federal Aviation Administration chief Stephen Dickson said on Thursday he thinks a…

HP rejects Xerox’s raised takeover offer of $35 billion

(Reuters) – HP Inc <HPQ.N> on Thursday rejected Xerox Holdings Corp’s <XRX.N> raised takeover bid of…

U.S. dollar at two-month low as traders see more Fed rate cuts

By Saqib Iqbal Ahmed NEW YORK (Reuters) – The U.S. dollar slipped to a fresh eight-week…

U.S, energy chief does not see coronavirus hitting China purchases under trade deal

WASHINGTON (Reuters) – U.S. Energy Secretary Dan Brouillette said on Thursday he does not expect the…