BBC Business News

Coronavirus: RBS says revamped loan scheme will make 'big difference'

The revamped loan fund for ailing firms hit by the lockdown will have an immediate impact, RBS says.

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.

Government bails out bus firms to keep routes open

A £167m fund will cover the losses of bus companies to keep essential services running for key workers.

Coronavirus conman barges in on 83-year-old woman

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

Reuters UK Business

Trump touts Saudi-Russia oil deal to halt price war

The two top crude producers are said to slash output by as much as 15 million barrels a day - an unprecendented 15% of global supply. Ryan Brooks has more.

Wall St. gains as oil rally offsets jobless surge

Stocks gained ground on Thursday as hopes for a truce between Saudi Arabia and Russia propelled oil prices, taking some attention off a staggering record jump in unemployment claims. Conway G. Gittens has the numbers.

Stocks to buy in a recession: fund manager

Buy stocks of companies with low debt and consistent profitability, says Washington Crossing Advisors' Kevin Caron who believes the U.S. is already in a sharp recession.

Oil soars after Trump claims Saudi-Russia deal

Oil prices skyrocketed Thursday after President Trump said Saudi Arabia and Russia will announce a deal to cut global production that could reverse a crash in prices. Conway G. Gittens has more.

Market Investment

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