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Airline SAS to cut, suspend U.S. flights

Reuters Business News - Fri, 03/13/2020 - 07:02
SAS said on Friday it would cut flights to some U.S. destinations and suspend traffic to others in the wake of new U.S. travel restrictions from March 14.
Categories: Reuters

North Macedonia bars foreigners arriving from 'high-risk countries' over coronavirus

Reuters Business News - Fri, 03/13/2020 - 07:01
North Macedonia's outgoing government barred public gatherings on Friday and said it would deny entry to foreign nationals arriving from "high-risk countries" affected by the coronavirus.
Categories: Reuters

Explainer: Keep calm and carry on - what is the logic behind Britain's coronavirus bet?

Reuters Business News - Fri, 03/13/2020 - 07:00
British Prime Minister Boris Johnson has cautioned that more families will lose their loved ones to the coronavirus but has taken a distinctly different approach to tackling the outbreak.
Categories: Reuters

UK's Johnson to talk to world leaders on coronavirus response: spokesman

Reuters Business News - Fri, 03/13/2020 - 06:58
British Prime Minister Boris Johnson will have conversations with other world leaders on Friday regarding the global response to the coronavirus outbreak, his spokesman said.
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Iraq puts Germany and Qatar on coronavirus entry ban list

Reuters Business News - Fri, 03/13/2020 - 06:47
Iraq has banned entry to travelers coming from Germany and Qatar, its health minister said on Friday, bringing the total number of countries on its entry ban list to 13 as it tries to stem the spread of coronavirus.
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Ethiopia confirms its first case of coronavirus

Reuters Business News - Fri, 03/13/2020 - 06:34
Ethiopia has confirmed its first case of the new coronavirus, the country's public health institute told Reuters on Friday.
Categories: Reuters

What you need to know about coronavirus today

Reuters Business News - Fri, 03/13/2020 - 06:33
Here's what you need to know about the coronavirus epidemic today:
Categories: Reuters

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

Reuters Business News - 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.
Categories: Reuters

Clamor grows for Trump to cut China tariffs in coronavirus response

Reuters Business News - 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.
Categories: Reuters

Romanian interim PM to enter quarantine after coronavirus contact

Reuters Business News - 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.
Categories: Reuters

Oil bounces 5% but set for biggest weekly thumping since 2008

Reuters Business News - 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.
Categories: Reuters

Zhang Yiming, founder of TikTok owner ByteDance, gears up for the global stage

Reuters Business News - 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.
Categories: Reuters

Dollar holds gains as European markets rebound after crash

Reuters Business News - 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.
Categories: Reuters

World stocks set for worst week since 2008 financial crisis

Reuters Business News - 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.
Categories: Reuters

Prominent figures join list of coronavirus cases as fears shred markets

Reuters Business News - 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.
Categories: Reuters

New Roche coronavirus test wins emergency U.S. approval

Reuters Business News - 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.
Categories: Reuters

U.S. companies draw on credit lines, fearing they may lose them

Reuters Business News - 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.
Categories: Reuters

Stimulus hopes pull stocks back from abyss

Reuters Business News - 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.
Categories: Reuters

After miracle recovery, Fukushima brewers look to the Games to push sake globally

Reuters Business News - 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.
Categories: Reuters

Policymakers ramp up support as coronavirus fears shred markets

Reuters Business News - 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.
Categories: Reuters
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