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| US core capital goods orders eke out surprise gain WASHINGTON (Reuters) - New orders for key U.S.-made capital goods unexpectedly rose in March, but the gains are unlikely to be sustainable amid the novel coronavirus outbreak, which has virtually shut down the country and contributed to a collapse in ... | |
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| US core capital goods orders post surprise gain in March WASHINGTON (Reuters) - New orders for key U.S.-made capital goods unexpectedly rose in March, but the gains are not likely to be sustainable amid the novel coronavirus outbreak, which has abruptly shut down the country and contributed to a collapse in ... | |
| Russia Cuts Interest Rate to Shore Up Faltering Economy MOSCOW—Russia's central bank cut its benchmark interest rate in a move to shore up the country's economy as it lurches toward a deep recession due to depressed oil prices and shutdowns over the spread of the coronavirus. The bank lowered its key rate ... | |
| Even Toyota Has to Pay More to Borrow in Japan TOKYO—Japanese companies such as Toyota Motor Corp. are paying more to borrow despite tens of billions of dollars in central-bank support, suggesting programs to help them ride out the new coronavirus might need to get even bigger. Toyota finance unit ... | |
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| Oil heads for steep weekly slide after coronavirus turmoil LONDON (Reuters) - Oil prices were broadly steady on Friday but headed for their third weekly loss as production shutdowns failed to keep pace with sliding demand due to the coronavirus crisis. FILE PHOTO: Crude oil storage tanks are seen in an aerial ... | |
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| Italy's Eni cuts targets, braces for coronavirus complexity MILAN (Reuters) - Italian energy group Eni lowered its forecast for production and investments on Friday and braced for "a complicated 2020" as the coronavirus crisis destroys oil and gas demand and hammers prices. FILE PHOTO: The logo of Italian energy ... | |
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