Factbox: Airlines’ steps to revive bookings hit by global coronavirus outbreak
In an effort to win over passengers hesitant about traveling in the midst of a spreading coronavirus outbreak, some airlines are offering free rebooking...
Read MoreAuthor: Reuters
Oil clambers higher as OPEC, allies move closer to deeper output cuts
Posted by Reuters | Mar 4, 2020 | World News |
Oil prices jumped 1.5% on Wednesday on hopes that major producers have made progress towards sealing an agreement to implement deeper output cuts aimed at offsetting the slump in demand caused by the global coronavirus...
Read MoreAsian shares struggle for traction as Fed cut fails to boost confidence
Posted by Reuters | Mar 3, 2020 | World News |
Asian shares struggled to find footing on Wednesday and bonds held stunning gains, as an emergency rate cut from the U.S. Federal Reserve seemed to stoke rather than soothe fears over the coronavirus’ widening global...
Read MoreResiliency test: How well can Chinese firms cope financially from a virus hit?
Posted by Reuters | Mar 3, 2020 | World News |
As companies in China gradually restart business following the extended Lunar New Year break, investors are fretting over the financial impact of the coronavirus outbreak that has squeezed cash flow and hammered revenues in many...
Read MoreAmazon confirms first coronavirus case among U.S. employees
Posted by Reuters | Mar 3, 2020 | World News |
Online retailer Amazon.com Inc said on Tuesday an employee in the United States tested positive for the coronavirus.
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