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Updated: 4 years 28 weeks ago

Czech government bans most travel in and out of country to fight coronavirus

Fri, 03/13/2020 - 06:32
The Czech government has imposed a ban on foreigners entering the country and Czechs traveling abroad as of Monday as it tries to curb the coronavirus outbreak, Prime Minister Andrej Babis said on Friday.
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Clamor grows for Trump to cut China tariffs in coronavirus response

Fri, 03/13/2020 - 05:25
As President Donald Trump scrambles for new ways to cushion the economic blow from the fast spreading coronavirus, industry groups, lawmakers and even some government officials are reviving a previous request: cut tariffs on Chinese and other imported goods.
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Romanian interim PM to enter quarantine after coronavirus contact

Fri, 03/13/2020 - 05:19
Romanian interim prime minister and Liberal Party leader Ludovic Orban will quarantine himself after coming into contact with one of his party's senators who was later confirmed to have the coronavirus, he said on Friday.
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Oil bounces 5% but set for biggest weekly thumping since 2008

Fri, 03/13/2020 - 05:18
Oil prices were up more than 5% on Friday but set for their worst weekly drubbing since the 2008 financial crisis as investors fretted over the coronavirus knocking demand and plans by producers to boost output.
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Zhang Yiming, founder of TikTok owner ByteDance, gears up for the global stage

Fri, 03/13/2020 - 05:09
The founder of China's ByteDance, owner of the wildly successful TikTok app, has for years aspired to make ByteDance the first Chinese firm to rival U.S. internet giants on the global stage. On Thursday Zhang Yiming made a key move to achieve that.
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Dollar holds gains as European markets rebound after crash

Fri, 03/13/2020 - 04:37
The dollar stood tall on Friday as investors rushed to buy the currency amid deepening panic over the coronavirus epidemic, while the euro nursed losses after the European Central Bank underwhelmed investors by not cutting rates.
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World stocks set for worst week since 2008 financial crisis

Fri, 03/13/2020 - 04:29
World stocks were set on Friday for their worst week since the 2008 financial crisis, with coronavirus panic-selling hitting nearly every asset class and investors fretting that central bank action may not be enough to soothe the pain.
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Prominent figures join list of coronavirus cases as fears shred markets

Fri, 03/13/2020 - 03:41
Canadian Prime Minister Justin Trudeau's wife, Australia's minister for home affairs and a Chelsea soccer player are among new cases of the coronavirus that has infected almost 135,000 people and killed more than 4,900 worldwide.
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New Roche coronavirus test wins emergency U.S. approval

Fri, 03/13/2020 - 03:31
The U.S. Food and Drug Administration (FDA) issued emergency authorization for a faster coronavirus test made by Swiss diagnostics maker Roche , a move aimed at boosting screening capacity to help contain the growing epidemic.
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U.S. companies draw on credit lines, fearing they may lose them

Fri, 03/13/2020 - 03:17
Banks have hundreds of billions of dollars in credit lines extended to corporate America. Some companies are no longer banking on them.
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Stimulus hopes pull stocks back from abyss

Fri, 03/13/2020 - 03:00
Stocks plunged on Friday with coronavirus panic selling hitting nearly every asset class, before finding some kind of floor as hopes turned to a U.S. stimulus package.
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After miracle recovery, Fukushima brewers look to the Games to push sake globally

Fri, 03/13/2020 - 02:59
The earth in Fukushima still trembled when Yoshihiro Miyamori drove in the dark towards his sake brewery. When he got back after midnight, he found smashed sake bottles and a crack in the wall of the building. It was March 11, 2011.
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Policymakers ramp up support as coronavirus fears shred markets

Fri, 03/13/2020 - 02:47
Governments and central banks readied more emergency measures to tackle the economic impact of the coronavirus on Friday, helping financial markets pare some of their steep losses, while more major events were canceled or postponed.
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What you need to know about the coronavirus today

Fri, 03/13/2020 - 02:42
Here's what you need to know about the coronavirus epidemic today:
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Oil rises over 3% but set for biggest weekly thumping since 2008

Fri, 03/13/2020 - 02:42
Oil prices were set for their worst weekly drubbing since the 2008 financial crisis, despite rising over 3% on Friday, as investors fretted over evaporating demand from the coronavirus pandemic and a production ramp-up by top producers.
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Buffett-backed Chinese EV maker BYD says making 5 million masks daily to fight virus

Fri, 03/13/2020 - 02:29
Chinese electric vehicle maker BYD said on Friday it is making 5 million masks a day to fight the coronavirus pandemic that has killed nearly 3,200 people in China.
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Canada's Trudeau to be in isolation after wife tests positive for coronavirus

Fri, 03/13/2020 - 02:02
Canadian Prime Minister Justin Trudeau will be in isolation for two weeks after his wife, Sophie, tested positive for coronavirus on Thursday, and the outbreak prompted the province of Ontario to shutter schools to limit the spread.
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United States approves coronavirus test in race to boost screening capacity

Fri, 03/13/2020 - 01:39
The U.S. Food and Drug Administration issued emergency authorization for a coronavirus test made by Swiss diagnostics maker Roche , a move aimed at boosting screening capacity to help contain the growing epidemic.
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Oil rises 2% but set for biggest weekly thumping since 2008

Fri, 03/13/2020 - 01:28
Oil prices were set for their worst weekly drubbing since the 2008 financial crisis, despite eking out a 2% on Friday, as investors eyed evaporating demand from the coronavirus pandemic and a production ramp-up by top producers.
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SoftBank unveils $4.8 billion buyback after stock tumble, pressure from Elliott

Fri, 03/13/2020 - 01:27
SoftBank Group Corp is buying back up to $4.8 billion of its shares after their recent slump, a move that partially met the demand of activist fund Elliott but failed to soothe investors panicking from the coronavirus pandemic.
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