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Updated: 4 years 27 weeks ago
BOJ watching developments, ready to respond further: Kuroda
Bank of Japan Governor Haruhiko Kuroda said on Thursday that the central bank was dealing with the coronavirus's impact on the economy and that he was ready to respond with further steps without hesitation.
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Oil slumps as U.S. bans travel from Europe over pandemic
Oil prices sank again on Thursday along with the broader market after the United States banned travel from Europe following a World Health Organization declaration that the coronavirus outbreak is now a pandemic.
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Bombardier CEO Alain Bellemare to step down
Canada's Bombardier Inc said late Wednesday Chief Executive Officer Alain Bellemare would step down and be replaced by former company executive and Hydro-Quebec CEO Eric Martel.
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U.S. will loan $50 billion to small businesses, defer taxes to fight coronavirus, Trump says
The United States will give individuals, and small and mid-sized businesses a three-month tax holiday to try to fight the economic impact of the novel coronavirus, President Donald Trump said Wednesday night.
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Stocks plummet after Trump bans travel from Europe to contain coronavirus blow
Global shares crumbled on Thursday after U.S. President Donald Trump stunned investors by announcing a temporary travel ban from Europe in an effort to curb the spread of the coronavirus, threatening more disruptions to businesses and the world economy.
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Oil slumps 6% as U.S. bans travel from Europe over coronavirus pandemic
Oil prices slumped again on Thursday amid a broader market rout after the United States banned travel from Europe following a declaration that the coronavirus outbreak is now a pandemic.
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Stocks tumble after Trump bans travel from Europe to contain virus blow
Global shares crumbled on Thursday after U.S. President Donald Trump said the United States will suspend all travel from Europe as he unveiled measures to contain the coronavirus epidemic that has extracted a heavy human and economic toll worldwide.
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Japan's Sharp files patent infringement lawsuit against U.S. TV brand Vizio
Japan's Sharp Corp said on Wednesday it has filed a patent infringement lawsuit against U.S. TV brand Vizio Inc and two others, seeking an injunction to ban one of Vizio's TV products in the United States.
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Carl Icahn lifts stake in Occidental Petroleum to nearly 10%: WSJ
Activist investor Carl Icahn has increased his stake in Occidental Petroleum Corp to almost 10%, scaling up his fight to take control of the oil producer, the Wall Street Journal (WSJ) reported on Wednesday.
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Oil falls sharply as U.S. bans travel from Europe over pandemic
Oil prices fell again on Thursday, adding to steep losses in the previous session after the U.S. banned travel from Europe following a declaration that the coronavirus outbreak is now a pandemic.
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Bear market fears grip global shares as pandemic declared, eyes on Trump
Global shares were set for a rocky ride on Thursday as investors tally the economic damage of coronavirus, a day after the U.S. Dow Jones industrials entered bear market territory and world health officials declared the virus a pandemic.
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Wall Street tumbles, Dow confirms bear market
Wall Street stocks plunged on Wednesday, with the Dow confirming a bear market for the first time since the financial crisis after the World Health Organization called the coronavirus outbreak a pandemic.
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Exclusive: Boeing to separate 737 MAX wire bundles before jet's return to service - sources
Boeing Co plans to separate 737 MAX wiring bundles, flagged by regulators as potentially dangerous, before the jet returns to service, two people familiar with the matter told Reuters on Wednesday.
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Factbox: U.S. companies add cash, credit lines as coronavirus leaves markets rattled
U.S. companies rushed to bulk up their cash reserves amid market turmoil fueled by the global coronavirus outbreak and a plunge in oil prices.
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U.S. oil company workers make big, bad retirement bet: their own stock
Employees at the largest U.S. oil companies have lost around $5 billion in retirement savings since the end of 2018 because of outsized bets on their own slumping stock, according to a Reuters analysis of company disclosures, a trend exacerbated by the recent crash in oil prices.
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Wall Street tells Trump financial system strong, ready to support borrowers
The U.S. banking industry is strong and ready to help businesses and consumers weather economic fallout from the fast-spreading coronavirus, Wall Street chief executives told President Donald Trump during a meeting at the White House on Wednesday.
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Coronavirus raises fears of U.S. auto sales slowdown, but production not suffering yet
Fears of a U.S. sales slowdown in auto showrooms due to the coronavirus outbreak that has spread globally are appearing in analysts' forecasts, but industry executives said the pandemic has yet to affect demand or factory production.
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Cost of General Electric credit insurance rises along with coronavirus concerns
The cost to insure General Electric Co debt has shot up to levels last seen in 2018, possibly reflecting concern about the company's exposure to coronavirus-induced declines in interest rates, air travel and global growth.
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Exclusive: Boeing to separate potentially risky 737 MAX wire bundles before jet's return to service - sources
Boeing Co plans to separate 737 MAX wiring bundles, flagged by regulators as potentially dangerous, before the jet returns to service, two people familiar with the matter told Reuters on Wednesday.
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