World Business News - 澳纽网Ausnz.net聚合新闻


彩虹摄影





Coronavirus: 'I don't want a flight voucher, where's my refund?'

The airlines' trade body wants to give vouchers for cancelled flights but passengers are unhappy.

Source: BBC News - Business | 4 Apr 2020 | 10:05 am(NZT)

My Money: 'People have started leaving their houses again'

As part of a BBC blog series, Jen Smith talks us through one week as pandemic restrictions ease in Shenzhen.

Source: BBC News - Business | 4 Apr 2020 | 10:04 am(NZT)

Richmond Fed's Barkin: Employment numbers to get worse before getting better

U.S. employment numbers will get worse amid the ongoing coronavirus outbreak before getting better, Richmond Federal Reserve President Thomas Barkin said in an interview with Bloomberg News.

Source: Reuters: Business News | 4 Apr 2020 | 8:41 am(NZT)

U.S. airlines face deadline to apply for federal payroll grants

U.S. passenger and cargo carriers and airport contractors faced a deadline of 5 p.m. EDT (2100 GMT) on Friday to tap the federal government for up to $32 billion in payroll grants to keep workers employed while they ride out the economic toll of the coronavirus on their business.

Source: Reuters: Business News | 4 Apr 2020 | 8:39 am(NZT)

Wall Street falls as coronavirus cuts into U.S. payrolls

Wall Street's main indexes fell on Friday as the coronavirus abruptly ended a record U.S. job growth streak of 113 months, leaving little doubt that the economy is in a recession.

Source: Reuters: Business News | 4 Apr 2020 | 8:38 am(NZT)



American Airlines applies for U.S. payroll assistance grants

American Airlines, the largest U.S. airline, confirmed Friday it has applied to the U.S. Treasury for a chunk of the $25 billion payroll assistance grants approved by Congress last week.

Source: Reuters: Business News | 4 Apr 2020 | 8:35 am(NZT)

Global currency funds notch wins amid coronavirus volatility

Global currency fund managers racked up gains in the first quarter as they benefited from the extreme volatility that the coronavirus pandemic has stoked across financial markets.

Source: Reuters: Business News | 4 Apr 2020 | 8:33 am(NZT)

The watchdogs overseeing the $2.3 trillion U.S. bailout

Who's watching over the U.S. government's largest bailout in history - the $2.3 trillion in fiscal stimulus to fight the economic impact of the coronavirus?

Source: Reuters: Business News | 4 Apr 2020 | 8:23 am(NZT)

Exclusive: Amazon to delay Prime Day sales event due to coronavirus

Amazon.com Inc is postponing its major summer shopping event Prime Day until at least August and expects a potential $100-million hit from excess devices it may now have to sell at a discount, according to internal meeting notes seen by Reuters.

Source: Reuters: Business News | 4 Apr 2020 | 8:15 am(NZT)

JPMorgan says now accepting applications for federal loan program

JPMorgan Chase & Co , the largest U.S. lender by assets, started accepting at Friday midday applications for loans from the federal government's paycheck protection program, according to a post on the bank's website.

Source: Reuters: Business News | 4 Apr 2020 | 8:08 am(NZT)



Trump says Bank of America, others doing 'great job' on small-business loans

President Donald Trump hailed one of the country's largest banks, as well as many small lenders, for making small business emergency loans on the first day of a new U.S. coronavirus economic relief program.

Source: Reuters: Business News | 4 Apr 2020 | 8:06 am(NZT)

Fed Chair Powell spoke with Trump as central bank geared up for virus response

Federal Reserve Chair Jerome Powell had two previously undisclosed phone calls with U.S. President Trump in February, calendars released on Friday show, including a brief call during the last week of the month when it was becoming clearer that the coronavirus would likely have more than a transitory effect on the U.S. economy.

Source: Reuters: Business News | 4 Apr 2020 | 7:54 am(NZT)

Deep oil output cuts won't offset unprecedented demand loss: IEA

Deep output cuts by OPEC and other oil producing nations will not prevent a huge build up of crude, the head of the IEA said on Friday, urging the world's richest economies to discuss broader ways to stabilise oil markets.

Source: Reuters: Business News | 4 Apr 2020 | 7:47 am(NZT)

OPEC+ debates biggest-ever oil cut as pandemic crushes demand

OPEC and its allies are working on a deal for an unprecedented oil production cut equivalent to around 10% of global supply, an OPEC source said, after the U.S. president called on producers to stop the market rout caused by the coronavirus pandemic.

Source: Reuters: Business News | 4 Apr 2020 | 7:47 am(NZT)

Small businesses worry coronavirus loans ‘too risky’

Owners of small businesses tell the BBC they still have concerns about the government’s loan scheme.

Source: BBC News - Business | 4 Apr 2020 | 7:30 am(NZT)

Coronavirus: Skinningrove British Steel production paused

Sites at Lackenby and Darlington are not affected and no job losses are planned.

Source: BBC News - Business | 4 Apr 2020 | 5:43 am(NZT)

Coronavirus: What does it mean if I've been furloughed by work?

Millions unable to do their job due to coronavirus will have their wages paid by a new scheme.

Source: BBC News - Business | 4 Apr 2020 | 5:24 am(NZT)

Coronavirus: Debenhams set to appoint administrators

The department store chain says it is 'making contingency plans' amid the Covid-19 outbreak.

Source: BBC News - Business | 4 Apr 2020 | 5:16 am(NZT)



Coronavirus halts a decade of US jobs growth

American employers shed 701,000 jobs in March amid expectations there is worse to come.

Source: BBC News - Business | 4 Apr 2020 | 5:07 am(NZT)

Coronavirus: New Look delays supplier payments 'indefinitely'

The clothing retailer cancels new orders and tells firms they can pick up their stock.

Source: BBC News - Business | 4 Apr 2020 | 5:04 am(NZT)

Coronavirus: UK among economies risking record slump

Record falls in manufacturing and services activity point to recession, says a closely watched survey.

Source: BBC News - Business | 4 Apr 2020 | 5:02 am(NZT)

What does it mean to declare insolvency?

What does it mean when firms declare themselves insolvent?

Source: BBC News - Business | 4 Apr 2020 | 3:06 am(NZT)

Coronavirus: Sainsbury’s to ease shopping item restrictions

The supermarket lifts limits on some products but asks households to send only one adult to do the shopping.

Source: BBC News - Business | 3 Apr 2020 | 10:51 pm(NZT)

Coronavirus conman barges in on 83-year-old woman

Trading standards officers say old-fashioned doorstep crime is rising as virus concern is exploited.

Source: BBC News - Business | 3 Apr 2020 | 10:42 pm(NZT)

F.C.C. Chairman Recommends Approval of $26 Billion T-Mobile-Sprint Merger

Ajit Pai said the companies had won his support by making what he called “significant commitments” to expand rural broadband service, build a robust 5G network and sell off Boost Mobile.

Source: NYT > Business | 21 May 2019 | 2:19 am(NZT)

Google Restricts Huawei’s Access to Android After Trump Order

The move could hamstring the Chinese tech giant if it prevents the firm’s customers from getting the latest versions of services such as Maps and Gmail.

Source: NYT > Business | 21 May 2019 | 1:50 am(NZT)

‘They Were Conned’: How Reckless Loans Devastated a Generation of Taxi Drivers

Thousands of immigrants who were chasing the dream of owning a New York taxi were trapped in reckless loans by bankers who made huge profits, The Times found.

Source: NYT > Business | 21 May 2019 | 1:19 am(NZT)

As Thousands of Taxi Drivers Were Trapped in Loans, Top Officials Counted the Money

The government profited and looked away as thousands of immigrant taxi drivers in New York were ravaged by exploitative loans.

Source: NYT > Business | 21 May 2019 | 1:19 am(NZT)

Mediator: Kissing Babies, Loving Scrapple, Fighting Viral Hoaxes: ’20 Race’s New Routine

When it comes to disinformation, all signs suggest the 2020 presidential campaign will make 2016 look like a mere test run, our columnist writes.

Source: NYT > Business | 21 May 2019 | 12:37 am(NZT)

DealBook Briefing: Tech’s Cold War Just Started

Google, Qualcomm and Broadcom are among the companies that have reportedly frozen their supply of components and software to Huawei.

Source: NYT > Business | 20 May 2019 | 11:05 pm(NZT)

Deutsche Bank Staff Saw Suspicious Activity in Trump and Kushner Accounts

Anti-money-laundering specialists proposed filing “suspicious activity reports” about transactions connected to President Trump and Jared Kushner. Bank managers said no.

Source: NYT > Business | 20 May 2019 | 9:56 pm(NZT)

Whitney Houston’s Estate Plans a Hologram Tour and a New Album

The family of the singing star, who died seven years ago, has reached a deal with the marketing company behind the posthumous resurgence of Bob Marley.

Source: NYT > Business | 20 May 2019 | 9:00 pm(NZT)

Amazon Faces Investor Pressure Over Facial Recognition

Shareholders are voting on whether to push the tech giant to examine the human rights and financial risks of the surveillance technology.

Source: NYT > Business | 20 May 2019 | 9:00 pm(NZT)

In a Surprise, Japan’s Economy Grew in the First Quarter, Despite a Slowdown in China

But the strong figure masks lingering weakness, giving Prime Minister Shinzo Abe a mixed bag as he tries to strike a trade deal with the U.S.

Source: NYT > Business | 20 May 2019 | 5:53 pm(NZT)

Rain Much on Your Vacation? One Italian Island Offers Hotel Refunds

Tourists who visit Elba, off the coast of Tuscany, get one night back for every day during which it rains for more than two hours at a time.

Source: NYT > Business | 20 May 2019 | 4:18 pm(NZT)

TripAdvisor Modified Its Approach to Reviews and Sexual Assault. Did It Go Far Enough?

A woman assaulted by a tour guide says the company’s policies discourage reporting and keep travelers from finding out the truth.

Source: NYT > Business | 20 May 2019 | 3:36 pm(NZT)

















© 澳纽网 Ausnz.net