NEW YORK (Reuters) – When you see soda on sale at the supermarket, do you run screaming into the parking lot in a panic? Or do you buy six? This is the analogy Peter Palion, a certified financial planner in New York, uses to calm worried clients about volatili... More »
(Reuters) – Cirque du Soleil Entertainment Group said on Thursday it has laid off almost all of its workforce, except the support team, as social distancing due to the coronavirus pandemic forced the Montreal-based circus company to cancel shows. The job cuts ... More »
BERLIN (Reuters) – Bavaria’s Passion Play, staged every decade since the 1630s when villagers thanked God for the end of the plague, has been postponed for two years due to the coronavirus, organizers in the German village of Oberammergau said on Thursday. Abo... More »
BOSTON (Reuters) – Billionaire investor William Ackman, who has long worried about risks posed by the coronavirus, called on the Trump administration on Wednesday to seal off the country for 30 days and said stocks would “soar” if such restrictions were impose... More »
FRANKFURT (Reuters) – The European Central Bank launched 750 billion euro emergency bond purchase scheme in a bid to stop a pandemic-induced financial rout from shredding the euro zone’s economy and raising fresh concerns about the currency bloc’s viability. W... More »
DUBAI (Reuters) – The United Arab Emirates on Thursday suspended all sporting events to prevent the spread of coronavirus, raising doubts about whether the Dubai World Cup horse race meeting would go ahead this month. Many professional and amateur sporting eve... More »
LONDON (Reuters) – Deutsche Bank slashed its forecast for Germany’s economy on the coronavirus fallout, saying it now expected the euro zone’s largest economy to contract between 4-5% in 2020 while industrial production could shrink by 10%. “Within days lockdo... More »
PARIS (Reuters) – The European Central Bank’s new bond purchase scheme will help reduce the risk of fragmentation between euro zone states, France’s finance minister said on Thursday. “The plan that the European Central Bank announced is the right one,” Bruno ... More »
PARIS (Reuters) – French President Emmanuel Macron on Thursday gave his full backing for the European Central Bank’s (ECB) latest monetary stimulus measures aimed at helping the euro zone fight the global coronavirus crisis. “Full support for the exceptional m... More »
HONG KONG (Reuters) – A hedge fund manager in Hong Kong has publicly apologised after a parody video of him licking his finger and wiping it on a hand rail in a metro car went viral, sparking anger in the city which is grappling to contain an outbreak of the n... More »
NEW YORK (Reuters) – Lives are on hold all over the world as we distance ourselves socially to contain the coronavirus, but bills still pile up. Some countries, like Italy and France, already enacted mortgage and rent relief, but U.S. measures are still being ... More »
LONDON (Reuters) – Borrowing costs in the United States, euro zone, Britain and Japan surged on Wednesday after two days in which governments across the globe announced trillions of dollars of spending to support locked-down economies frozen by the coronavirus... More »
LONDON (Reuters) – A rush to sell global bonds in the past week has now rippled into the world of exchange-traded funds with some of the most actively traded seeing the most bulging gaps relative to the value of underlying holdings in years. Exchange-traded fu... More »
NEW YORK (Reuters) – Applications for unemployment insurance are skyrocketing across the United States. In Ohio, the number tripled from last week through Sunday, up to 12,000, according to the state’s governor. Calls to the Unemployment Law Project of Washing... More »
(Reuters) – Drugs used for treating arthritis are being tested as treatments for COVID-19, the disease caused by a new coronavirus, as researchers rush to find ways of helping patients and slowing the number of infections. Sanofi and Regeneron Pharmaceuticals ... More »
SYDNEY/CHICAGO (Reuters) – Airlines around the world said they would make more drastic cuts to their flying schedules, shed jobs and seek government aid after countries further tightened border restrictions because of the fast spreading coronavirus. The owner ... More »
TBILISI (Reuters) – Georgia on Monday banned all foreigners from entering the country over coronavirus concerns the prime minister’s spokesman, Irakli Chikovani, told a briefing. Georgia has reported 33 confirmed cases of coronavirus. Source: https://www.reute... More »
BERLIN (Reuters) – Germany’s southern state of Bavaria on Monday announced a fund worth up to 10 billion euros ($11.21 billion) to help the region withstand the coronavirus outbreak, its premier said, declaring a state of emergency as the number of new cases c... More »
TOKYO (Reuters) – The Bank of Japan eased monetary policy on Monday by pledging to buy risky assets such as exchange-traded funds (ETF) at double the current pace, joining global central banks in combating the widening economic fallout from the coronavirus epi... More »
TAIPEI (Reuters) – Taiwan reported eight new cases of coronavirus on Monday, its biggest daily rise, though all of them involved people who had arrived from overseas. The total number of cases in Taiwan stood at 67. Among the latest cases were people returning... More »
HELSINKI (Reuters) – Finland’s largest opposition party on Monday stepped up criticism of the government as most schools and daycares remained open despite the coronavirus outbreak. “There are only four countries in the EU which have not closed schools. Respon... More »
ISLAMABAD/KABUL (Reuters) – Health authorities across South Asia reported rising tallies of coronavirus cases on Monday, raising the prospect of rapidly spreading outbreaks overwhelming poor medical facilities in a region that is home to a quarter of the world... More »
LONDON (Reuters) – British Prime Minister Boris Johnson will ask manufacturers to retool production to start making specialist health equipment including ventilators and will look at using hotels as emergency hospitals to cope with the coronavirus outbreak. Br... More »
BERLIN (Reuters) – The German economy ministry said it no longer expected an economic upswing in the first quarter because of the impact of the coronavirus on growth, with the economy unlikely to stabilize before the third quarter at the earliest. The economy ... More »
SYDNEY (Reuters) – The U.S. Federal Reserve and its global counterparts moved aggressively with sweeping emergency rate cuts and offers of cheap dollars to help combat the coronavirus pandemic that has jolted markets and paralyzed large parts of the world econ... More »
MADRID (Reuters) – Spanish ministers said on Monday that a state of emergency over the coronavirus which has shut down much of the country will have to be extended beyond an initial 15-day period, and the government was also considering closing borders. “Obvio... More »
TOKYO (Reuters) – The International Olympic Committee (IOC) will hold talks with heads of international sports organizations on Tuesday in response to the coronavirus outbreak, a source close to an international federation briefed on the issue said. With less ... More »
(Reuters) – The Bank of Japan eased monetary policy on Monday by pledging to buy risky assets such as exchange-traded funds (ETF) at double the current pace, joining global central banks in combating the widening economic fallout from the coronavirus epidemic.... More »
SYDNEY (Reuters) – Australia is considering a second round of economic stimulus, three sources familiar with the deliberations told Reuters, as Canberra accelerated efforts to contain the spread of the coronavirus that has now killed five people in the country... More »
SAN FRANCISCO (Reuters) – Google sister company Verily launched a website late on Sunday that invites adults in northern California to answer questions about their recent health and travel that could result in their getting a free coronavirus test. U.S. Presid... More »
TEGUCIGALPA (Reuters) – The Honduras was in a state of near lockdown on Monday after the government decided to send public and private sector workers home, temporarily call off flights, and suspend public transport to halt the spread of the coronavirus. The vi... More »
MEXICO CITY (Reuters) – Mexico’s health ministry reported more coronavirus cases on Sunday, urging people to maintain a “healthy distance” to avoid infection, even as the president held rallies in the country, shaking hands with and hugging dozens of people. I... More »
MEXICO CITY (Reuters) – Mexico’s health ministry late on Sunday rejected media reports that the country had registered its first coronavirus death, saying that the person reported to have died, businessman Jose Kuri, was alive but in critical condition. Earlie... More »
NEW YORK (Reuters) – The mayors of New York City and Los Angeles, the two largest cities in the United States, on Sunday said they were ordering restaurants, theaters, bars and movie houses closed in an effort to slow the spread of the coronavirus. Any restaur... More »
(Reuters) – Abigail Disney, grand daughter of Walt Disney Co’s co-founder Roy Disney, slammed a Twitter post showing a huge crowd at Sunday night’s showing of ‘Happily Ever After’, a fireworks show in Florida’s Magic Kingdom theme park. “Are you … kidding me??... More »
(Reuters) – France international Eliaquim Mangala said that he is one of the five players and staff of La Liga side Valencia who have tested positive for the coronavirus. The 29-year-old’s team mate Ezequiel Garay on Sunday became the first La Liga player to c... More »
MELBOURNE (Reuters) – John Coates, the International Olympic Committee’s point man for the Tokyo Games, faces mandatory self-isolation when he returns to Australia from Europe this week as part of border controls to curb the spread of the coronavirus. Australi... More »
SEOUL (Reuters) – Technology giant Samsung Electronics has adopted electronic voting for the first time ever for this year’s annual general meeting (AGM) on March 18, urging shareholders to use it to help curb the spread of coronavirus. Samsung’s AGM is taking... More »
(Reuters) – Nike Inc, Lululemon Athletica Inc and Under Armour Inc on Sunday said they would close stores in the United States and other markets, joining a growing list of major retailers moving to help limit the spread of the coronavirus. The virus, which beg... More »
(Reuters) – The International Olympic Committee (IOC) must give athletes some “clarity, transparency and flexibility” by postponing the Tokyo Games over the coronavirus pandemic, British athlete Guy Learmonth has said. The flu-like virus which originated in Ch... More »
(Reuters) – Utah Jazz player Rudy Gobert, whose coronavirus diagnosis last Wednesday was the first domino that effectively shut down American sports, regrets not having taken the threat more seriously, he said in a social media post on Sunday. “I’ve been feeli... More »
WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Sunday officials will have a better idea this week of the total cost of a coronavirus aid package, but predicted it will likely be “significant but not huge.” Mnuchin told “Fox News Sunday” ... More »
JERUSALEM (Reuters) – Israel plans to use anti-terrorism tracking technology and a partial shutdown of its economy to minimize the risk of coronavirus transmission, Prime Minister Benjamin Netanyahu said on Saturday. Cyber tech monitoring would be deployed to ... More »
WASHINGTON (Reuters) – Alphabet’s Google (GOOGL.O) said on Saturday that it was working with the U.S. government to develop a nationwide website that would help Americans with questions about coronavirus symptoms, risk factors and testing. “We are fully aligne... More »
BERLIN (Reuters) – Bans on mass gatherings introduced to slow the spread of the coronavirus pandemic might have been expected to deal a death blow to musical life, but have instead prompted a boom in free online concerts. One musician to step up to the plate i... More »
MEXICO CITY (Reuters) – The filming in Mexico of a big budget Steven Spielberg-produced Amazon mini-series, starring Spanish actor Javier Bardem, has been suspended due to concerns about the coronavirus, according to a letter sent to cast and crew on Friday an... More »
BRUSSELS (Reuters) – Chinese billionaire and Alibaba co-founder Jack Ma has pledged to donate two million protective masks for distribution across Europe, with a first consignment arriving in Belgium late on Friday. A cargo plane loaded with 500,000 masks and ... More »
(Reuters) – The coronavirus pandemic has begun to impact the U.S. court system, halting civil and criminal jury trials in high-profile venues such as Manhattan’s federal court and delaying a $1 billion trial against Elon Musk that was slated to begin Monday. T... More »
LOS ANGELES (Reuters) – U.S. theater operators moved to prevent the spread of coronavirus and reassure audiences ahead of a weekend with options ranging from satirical thriller “The Hunt” to Pixar animated adventure “Onward” and faith-based film “I Still Belie... More »
NEW YORK (Reuters) – George Curtis is facing a severe financial crisis. He has to be out of his Swarthmore College dorm room by Sunday. He lost his campus job and cannot travel home to Montana from the Philadelphia-area liberal arts college because he is not f... More »
PARIS (Reuters) – Paris’ famed Moulin Rouge cabaret, the Louvre museum and the Eiffel Tower were among top tourism landmarks that closed their doors on Friday after the government banned gatherings of more than 100 people to curb the spread of coronavirus. The... More »
MEXICO CITY (Reuters) – The Guadalajara International Film Festival, set to kick off in Mexico’s second biggest city late next week, will be postponed until further notice due to coronavirus fears, event organizers announced on Friday. The decision to suspend ... More »
JERUSALEM (Reuters) – Muslims gathered in smaller-than-usual numbers at al-Aqsa mosque in Jerusalem on Friday after religious authorities decided to keep Islam’s third holiest site open for prayers but enact health measures to prevent the spread of the coronav... More »
NEW YORK/BOSTON/LONDON (Reuters) – Bridgewater Associates LP, the Ray Dalio-led hedge fund giant famous for making money during the 2008 financial crisis, has posted mixed returns amid the coronavirus-led market turmoil, according to an investor with direct kn... More »
BERLIN (Reuters) – Germany must do all it can to avoid an economic crisis over the coronavirus and should emulate an ex-European Central Bank president who was key in containing the euro zone debt crisis, a senior ally of Chancellor Angela Merkel said on Thurs... More »
AMSTERDAM (Reuters) – The Dutch national gallery, the Rijksmuseum, and the nearby Van Gogh museum, two of the Netherlands’ premier tourist attractions in Amsterdam, will be closed to the public at least until March 31 due to the coronavirus epidemic. Their ann... More »
MOSCOW/BRUSSELS (Reuters) – A joint Russian-European mission to send a rover to Mars has been postponed by two years because its final phase has been compromised by the coronavirus outbreak in Europe, the European and Russian space agencies said on Thursday. T... More »
NEW YORK (Reuters) – Blackstone Group Inc and Apax Partners LLP are among the buyout firms that have had to delay their annual meetings with their private equity fund investors or carry them out remotely because of travel restrictions imposed amid the global o... More »
JERUSALEM (Reuters) – Paramedics dressed in head-to-toe protective gear stood guard at dedicated polling stations where Israelis under quarantine from the coronavirus voted in Monday’s election. One by one, voters in face masks and gloves who have been isolate... More »
SEOUL/GAPYEONG, South Korea (Reuters) – The founder of the church at the center of South Korea’s coronavirus outbreak apologized on Monday after one of its members tested positive for the virus and infected many others, calling the epidemic a “great calamity”.... More »
LISBON (Reuters) – Portugal registered its first two cases of the new coronavirus on Monday, SIC television channel reported. It said one case was discovered in a man who had recently traveled to Italy and another one in a man who had returned from Spain. Both... More »
SYDNEY (Reuters) – Australia’s chief medical officer said on Monday it was no longer possible to completely prevent people with the coronavirus from entering the country, citing concerns about outbreaks in Japan and South Korea. Australia, one of the first cou... More »
PARIS (Reuters) – The Louvre museum in Paris shut its doors to art lovers and tourists for a second day on Monday as management held talks with workers over the risks associated with coronavirus. Queues quickly formed in the rain outside the world’s most visit... More »
LONDON (Reuters) – The Bank of England said it was working with Britain’s finance ministry and international partners to protect the banking system and Britain’s economy from the impact of the spread of coronavirus. Investors globally have priced in more stimu... More »
BERLIN (Reuters) – Lufthansa (LHAG.DE) said on Monday that it was suspending flights to China until April 24 and to Tehran until April 30 due to the coronavirus outbreak. Lufthansa said it was also adjusting its flights to northern Italy. It said Austrian Airl... More »
(Reuters) – The following is a list of international sports events hit by the outbreak of the new coronavirus: ATHLETICS ** The World Athletics Indoor Championships, scheduled for Nanjing from March 13-15, were postponed until next year. World Athletics is wor... More »
BEIJING/SHANGHAI (Reuters) – The Chinese city at the center of the coronavirus epidemic closed its first makeshift hospital, one of 16 hurriedly built to handle the epidemic, after it discharged the last recovered patients, state broadcaster CCTV reported on M... More »
SEOUL (Reuters) – South Korea reported on Monday 476 new coronavirus cases, taking its national tally to 4,212, as the government of Seoul sought a murder investigation into a controversial church at the center of the country’s outbreak. The new cases followed... More »
JAKARTA (Reuters) – Two Indonesians have tested positive for coronavirus after coming into contact with an infected Japanese national, President Joko Widodo said on Monday, marking the first confirmed cases in the world’s fourth-most populous country. The disc... More »
BANGKOK (Reuters) – Thailand has reported one new coronavirus case, bringing the total number of such cases in the country to 43 since January, a senior health official said on Monday. The new case is a 22-year-old Thai woman who works with another Thai patien... More »
BEIJING/SHANGHAI (Reuters) – Shares in HNA Group-controlled companies rose on Monday after the Chinese aviation and tourism conglomerate said it had asked the government to help it resolve liquidity risk caused by the coronavirus outbreak which has put heavy p... More »
SEOUL (Reuters) – South Korea reported 123 new coronavirus cases, taking the country’s total infections to 4,335, the Yonhap news agency said, citing health authorities. The updated numbers added to the 476 recorded earlier by the Korea Centers for Disease Con... More »
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank will take necessary steps to stabilize markets jolted by the coronavirus outbreak, bolstering speculation about coordinated global policy action. Kuroda’s comments, made i... More »
TOKYO (Reuters) – Japanese authorities have confirmed five more cases of coronavirus in Hokkaido, public broadcaster NHK said on Monday, days after the northern island declared a state of emergency. The new confirmed infections bring the total in Hokkaido to 7... More »
(Reuters) – The World Baseball Softball Confederation (WBSC) said on Monday it has postponed its final qualification tournament for the Tokyo Olympics to June because of the coronavirus epidemic. The six-team event, originally scheduled for April 1-5 in Taiwan... More »
PARIS (Reuters) – The coronavirus outbreak, which is grounding Chinese tourists, is costing the European tourism industry around one billion euros per month in lost revenue, EU industry chief Thierry Breton said on Monday. “Chinese tourists are not coming to E... More »
PARIS (Reuters) – G7 countries will take “concerted action” to limit the impact of the coronavirus outbreak on economic growth and their finance ministers will discuss by phone this week how best to act, French Finance Minister Bruno Le Maire said on Monday. “... More »
NEW YORK (Reuters) – The hit to U.S. corporate earnings from the coronavirus epidemic is getting harder and messier to predict. Wall Street strategists have been slashing forecasts as the impact from the virus is set to be felt far further than the first quart... More »
SEOUL (Reuters) – Hyundai Motor (005380.KS) reported its lowest monthly global sales in a decade in February as the coronavirus outbreak hurt demand, in what is the first major indicator of damage to the broader auto sector from the epidemic. It turned in a pr... More »
SYDNEY (Reuters) – Australian health officials said on Monday that a woman and a male doctor have contracted coronavirus – becoming the first cases of community transmissions in the country. New South Wales state Minister for Health Brad Hazzard said a 31-year... More »
AMSTERDAM (Reuters) – Nike’s European headquarters in the Netherlands will be closed on Monday and Tuesday after an employee was infected with the coronavirus. Dutch news agency ANP, citing an internal email, reported overnight that the office in Hilversum wou... More »
DUBAI (Reuters) – Kuwait’s Health Ministry announced 10 new cases of coronavirus in the country on Monday bringing the total number to 56, a ministry official said. The official, who was speaking during a news conference broadcast on state television, urged ci... More »
