More UK banks join scheme to help virus-hit small firms

(Reuters) – Britain has approved four new lenders to offer government-backed loans to struggling small businesses…

U.S. approves $168 billion of small business loans under coronavirus plan: Kudlow

WASHINGTON (Reuters) – The United States has approved 661,000 loans to small businesses totaling $168 billion…

Saudi-Mexican clash halts record oil cut deal despite Trump pressure

By Vladimir Soldatkin, Alex Lawler and Rania El Gamal MOSCOW/LONDON/DUBAI (Reuters) – Top oil nations struggled…

Trump to unveil council to re-open the country after coronavirus pandemic

WASHINGTON (Reuters) – U.S. President Donald Trump said on Friday that he will soon be announcing…

U.S. Treasury wants major airlines to repay part of grants, give up warrants: sources

WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin told major airlines on Friday he wants them…

IMF’s Georgieva creates external advisory panel on pandemic

WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva on Friday announced the creation of…

Trump agrees to help Mexico meet global oil cut target

By Jeff Mason and Dave Graham WASHINGTON/MEXICO CITY (Reuters) – U.S. President Donald Trump said on…

U.S. six-month deficit rises to $744 billion ahead of virus budget storm in April

By David Lawder WASHINGTON (Reuters) – The United States racked up a $744 billion budget deficit…

Russia expects oil cuts of 5 million bpd on top of OPEC+

MOSCOW (Reuters) – Russian Energy Minister Alexander Novak said on Friday he expected oil production cuts…

Fed policymakers working to limit damage as pandemic puts U.S. economy on pause

By Jonnelle Marte and Howard Schneider (Reuters) – The U.S. economy was on a strong footing…

How COVID-19 affected U.S. consumer prices in March

By Dan Burns (Reuters) – Coast-to-coast shutdowns of businesses and stay-at-home orders from the effort to…

Lebanon’s Hariri attacks government over draft economic plan

By Tom Perry BEIRUT (Reuters) – Former Lebanese prime minister Saad al-Hariri on Friday criticised the…