Bank of England says top banks should not pay bonuses

LONDON (Reuters) – The Bank of England welcomed moves by Britain’s biggest banks to suspend dividends…

Trump signs off on deferring tariffs for most-favored nations for three months

WASHINGTON (Reuters) – President Donald Trump has signed off on a plan to defer U.S. tariffs…

Senators urge U.S. airlines to issue ticket refunds after bailout

By David Shepardson WASHINGTON (Reuters) – Nine Democratic U.S. senators on Tuesday urged the chief executives…

Stocks fall, close out biggest quarterly drop since 2008

By David Randall NEW YORK (Reuters) – Global stock markets fell in volatile trading on Tuesday,…

U.S. dollar weakens as Fed measure weighs

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell against a basket of major currencies…

UniCredit says top managers to forego entire 2020 bonus pay

MILAN (Reuters) – Italy’s biggest bank by assets, UniCredit SpA <CRDI.MI>, said on Tuesday its top…

Oil ends March with biggest monthly and quarterly losses ever

By Devika Krishna Kumar NEW YORK (Reuters) – Crude oil benchmarks ended a volatile quarter with…

Architect of Trump tax cut may run $500 billion coronavirus loan program

By David Lawder WASHINGTON (Reuters) – U.S. Deputy Treasury Secretary Justin Muzinich, an architect of the…

Special Report: The Mask Middlemen – How pop-up brokers seek big paydays in a frenzied market

By Joseph Tanfani and Josh Horwitz (Reuters) – Brian Kolfage, a Florida military veteran, recently convinced…

Trump holds call with U.S. internet, mobile phone providers

By David Shepardson and Steve Holland WASHINGTON (Reuters) – President Donald Trump spoke with the biggest…

SocGen, Natixis skip 2019 dividends, may consider payments in second half

PARIS (Reuters) – French banks, Societe Generale and Natixis joined a cohort of European peers that…

Chanel turns its workshops to making face masks against coronavirus

(This Mar 29 story corrects number of staff, clarifies they are in France.) PARIS (Reuters) –…