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Reliance to sell some April-loading crude cargoes in a rare move: Report

Mukesh Ambani's Reliance has offered various grades of Middle East crude for sale in Asia's spot market, including grades such as Abu Dhabi's Murban crude and Qatar's al-Shaheen crude.

E-commerce giants face disruption in operations amid lockdown: Report

Since Wednesday, when the lockdown bega, most of Amazon India's 60 plus fulfilment centres across India were shut, and the company is still in talks with state authorities to swiftly reopen warehouses

Singapore Airlines gets $13 bn lifeline from Temasek amid Covid-19 outbreak

Many governments worldwide have already stepped in to help airlines amid the virus-induced travel slump, with the United States offering $58 billion in aid

RBI pulled out its bazooka to tackle Covid-19 slowdown: Experts on rate cut

The RBI said it was maintaining its "accommodative" stance, and would keep its position "as long as necessary" to revive growth, while ensuring inflation remained within target

Covid-19: Big banks reassure staff on layoffs owing to future uncertainty

There could be a sudden surge in activity once cities re-open, people get back to work and markets normalize in a few months - leaving banks unprepared if they fire staff that seem unnecessary now

Dow wraps up strongest three days since 1931; S&P 500 surges 6.24%

The Dow finished up 21% from its Monday low, establishing it in a bull market, according to a widely used definition. It was the index's strongest three-day percentage increase since 1931

SAIL facing order cancellations, re-scheduling due to lockdown: Report

The steel companies were facing logistics issues, on one hand, and dealing with lower demand as most of the user industries were reeling from the impact of the lockdown.

Banks plan to shut down most branches during coronavirus lockdown: Report

India is still very much a cash society and banks have been exempted from a 21-day lockdown that began this week as they are considered an essential service

As slowdown bites, Airbnb seeks extension of $1-bn debt facility from banks

Airbnb's revenue in 2019 exceeded $4.8 billion, up 35% on year, excluding any foreign exchange impacts

New York sees glimmer of progress against coronavirus, New Orleans worsens

The rate of hospitalizations in New York has slowed in recent days, Cuomo said, with numbers he called "almost too good to be true." But he said much more work needed to be done

Wall Street bonuses to plunge 30%, layoffs likely as Covid-19 hits markets

Johnson did not estimate cuts to specific businesses, but he said headcount could be reduced by up to 10% and could include retail divisions

Covid-19 impact: Amazon won't require sellers to repay loans until April 30

Merchants of popular items from toys to apparel have worried that the temporary ban on stocking goods in Amazon warehouses

Cybersecurity experts come together to fight coronavirus-related hacking

One of four initial managers of the effort, Marc Rogers, said the top priority would be working to combat hacks against medical facilities and other frontline responders to the pandemic

S&P 500 rallies for second day as investors await $2 trillion aid package

The Dow Jones Industrial Average rose 2.39% to end at 21,200.55 points, while the S&P 500 gained 1.15% to 2,475.56

Flipkart to resume sales of products after assurance on staff's safety

Flipkart halted all shopping on its website and mobile app early on Wednesday, only hours after PM Narendra Modi ordered a 21-day nationwide lockdown to counter the spread of the coronavirus

Indian LNG importers issue force majeure notices as gas demand slumps

Top gas importer Petronet LNG has served a force majeure notice on Qatargas and is seeking delayed delivery of cargoes.

Govt likely to unveil Rs 1.5 trn stimulus for coronavirus downturn: Report

The stimulus plan could be as large as Rs 2.3 trillion, but final numbers were still in discussion, says the report

Covid-19: India's outsourcing sector struggles with work-from-home scenario

That raises questions about whether one of India's showpiece industries can function smoothly amid the coronavirus crisis.

Boeing planning to restart production of 737 MAX by May, says Report

Boeing ceased production of the jet in January as it struggled to win regulatory approvals and accrued a backlog of 400 undelivered jets

One-fifth of US firms in China resume normal ops amid Covid-19: Survey

"This is one of the areas that I think provides some sense of optimism," the chamber's president, Alan Beebe, said at a news conference accompanying the survey's release