How the U.S. could intervene to weaken its surging dollar
NEW YORK (Reuters) – A blistering dollar rally has revived speculation that the U.S. may rein in its currency if the buck goes much higher. The dollar has jumped about …
Business
Ford joins GE, 3M in speeding up ventilator, respirator production
(Reuters) – Carmaker Ford Motor Co (F.N) on Tuesday jumped into the emergency push by major U.S. manufacturers to produce thousands of ventilators and respirators needed to help combat the …
Nike's revenue beats as North America, Europe offset China sales drop
(Reuters) – Nike Inc (NKE.N) beat Wall Street estimates for quarterly revenue on Tuesday, powered by demand in North America and Europe that blunted the first drop in China sales …
Investors eye cracks in $4.4 trillion U.S. ETF market as sell-off rages
NEW YORK (Reuters) – Wild swings in asset prices have thrown a spotlight on liquidity in corners of the $4.4 trillion market for U.S. exchange-traded funds, which have played a …
Bank of England says coronavirus tougher than banks' stress test
LONDON (Reuters) – The shock from coronavirus to banks is set to be greater but less prolonged than lenders faced in last year’s stress test and the financial system remains …
Volkswagen to halt production in Russia due to supply shortage from Europe
MOSCOW (Reuters) – Volkswagen (VOWG_p.DE) will suspend its car production in Russia over a supply shortage caused by the coronavirus outbreak in Europe, Volkswagen Group Rus said on Tuesday. Production …