GENEVA (Reuters) – Countries with significant active spread of coronavirus must prevent amplifying events, as opening up without the virus being under control would be a “recipe for disaster”, the World Health Organization said on Monday. WHO director-general ... More »
ALGIERS (Reuters) – Algerian authorities said on Monday they will carry out further measures to ease a coronavirus lockdown from Sept. 1, including lifting a ban on some cultural activities such as reopening museums and libraries. Nurseries would also be reope... More »
WASHINGTON (Reuters) – A small group of demonstrators held a noisy protest outside the Washington condo of Postmaster General Louis DeJoy amid growing concerns that he is gutting the U.S. Postal Service to help President Donald Trump win reelection in November... More »
BOSTON (Reuters) – Investor Fredric Zaino, who spent 15 years at hedge fund Millennium Management, has launched his own firm and plans to invest in micro-, small- and mid-cap public and private companies focusing on biotech, real estate and consumer products. ... More »
BEIRUT (Reuters) – Before he went missing on Aug. 4, Ghassan Hasrouty, an employee of Beirut’s giant grain silos for 38 years, thought he was working in the safest place in the city. The reinforced concrete walls and underground rooms were his shelter for many... More »
DUBAI (Reuters) – Saudi information security company Elm is to acquire digital services company Tabadul from Saudi Arabia’s sovereign wealth fund, Elm said in a statement on Sunday. The Public Investment Fund (PIF) also owns Elm and was considering an initial ... More »
LONDON (Reuters) – Irish peacemaker John Hume was a “political giant” who did so much to help bring an end to the Troubles in Northern Ireland, British Prime Minister Boris Johnson said on Monday. Hume, a key Roman Catholic architect of Northern Ireland’s 1998... More »
(Reuters) – Lordstown Motors has agreed to go public through a merger with blank-check company DiamondPeak Holdings in a deal that values the electric pickup truck start-up at pro forma equity value of $1.6 billion, the companies said on Monday. The combined c... More »
HONG KONG (Reuters) – Hong Kong reported 80 new coronavirus cases on Monday, dropping below 100 infections for the first time in 12 days, as a team of Chinese officials began preparations for widespread testing in the global financial hub, which has seen a res... More »
LONDON (Reuters) – Britain is closely watching rises in coronavirus cases in other European destinations such as France and Germany after slapping a 14-day quarantine on travellers from Spain at the height of the summer vacation season. The imposition of a Bri... More »
LONDON (Reuters) – Britain will drop its policy of requiring people returning from the Spanish Canary Islands or Balearics to quarantine for two weeks, the Sun newspaper said on Monday. On Saturday, Britain announced a 14-day quarantine on travellers from Spai... More »
HONG KONG (Reuters) – Hong Kong banned gatherings of more than two people on Monday, closed down restaurant dining and introduced mandatory face masks in public places, including outdoors, as it tries to rein in a new coronavirus outbreak. The measures, which ... More »
MILAN (Reuters) – Activist hedge fund TCI Fund Management, which is challenging the Italian government over the forced sale of Atlantia’s Autostrade per l’Italia (ASPI) unit, said on Friday the value of Autostrade could be between 11 and 12 billion euros. “I b... More »
SYDNEY (Reuters) – Australia faces an avalanche of business failures in its transport and hospitality sectors after government subsidies end in September, insolvency lawyers and economists say, while some argue that so-called ‘zombie’ firms should be allowed t... More »
MOGADISHU (Reuters) – The head of Somalia’s military escaped unhurt and one civilian was killed on Monday when a suicide attacker drove a bomb-laden car into a convoy in the capital Mogadishu, according to a military spokesman and an ambulance service. The al ... More »
BARCELONA/LLEIDA (Reuters) – The leader of the Spanish region of Catalonia called on residents of an area that has seen a surge in coronavirus cases to stay at home, despite a ruling by a judge who threw out a mandatory lockdown order for the district of 160,0... More »
(Reuters) – Ride-sharing company Uber Technologies Inc has agreed on a deal to buy food-delivery app Postmates Inc in a $2.65 billion all-stock agreement, Bloomberg News reported bloom.bg/2Z0TVcd late Sunday, citing people familiar with the matter. The deal ha... More »
TOULOUSE, France (Reuters) – French company Sogeclair Aerospace (SCLR.PA) said on Tuesday that it was eyeing up to 245 job cuts in France, as the country’s aerospace sector reels from the hits to business caused by the coronavirus crisis. A spokesman said the ... More »
PARIS (Reuters) – Air France (AIRF.PA) wants to cut more than 7,500 job positions between now and 2022, reported BFM TV and Agence France Presse on Wednesday, citing trade union sources. Air France is preparing voluntary layoffs in response to the coronavirus ... More »
LEICESTER, England (Reuters) – Britain has imposed a stringent lockdown on the English city of Leicester following a local flare-up of the novel coronavirus, overshadowing Prime Minister Boris Johnson’s attempts to nudge the country back to normality. The Unit... More »
PARIS (Reuters) – The European Union will plough more money into rocket launches, satellite communication and space exploration to preserve its often unsung successes in space and keep up with US and Chinese ambitions, its space chief said on Sunday. Over the ... More »
TAIPEI (Reuters) – Chinese air force jets, including at least one bomber, briefly entered Taiwan’s air defence identification zone on Monday, before being warned off by its air force, the island’s military said, the eighth such encounter in two weeks. The enco... More »
LISBON (Reuters) – Negotiations between Portugal and Britain on an “air bridge” that would allow British tourists to dodge a mandatory COVID-19 quarantine upon returning home are still in progress and going well, Prime Minister Antonio Costa said on Monday. Po... More »
PALMA DE MALLORCA, Spain (Reuters) – Hundreds of sunseekers from Germany landed on the Spanish island of Mallorca on Monday, the first tourists allowed into the country since borders were shut in March to tackle the coronavirus pandemic. More than 1,500 German... More »
LONDON (Reuters) – British coastguards have located the wreckage of a U.S. fighter plane that crashed into the North Sea off the coast of northeast England on Monday but the pilot is still missing, the U.S. Air Force said in a statement. The F-15C Eagle from t... More »
(Reuters) – General Electric Co (GE.N) on Monday tapped the planemaking head of Brazil’s Embraer (EMBR3.SA) to run its key aircraft engines division on Monday, as the global aviation industry grapples with disruption caused by the COVID-19 pandemic. Irishman J... More »
CHICAGO (Reuters) – United Airlines (UAL.O) said on Monday it is pledging its MileagePlus frequent flyer program for a new $5 billion loan aimed at further buffering its liquidity, even as its cash burn rate slows thanks to a steady improvement in demand. So f... More »
(Reuters) – Honeywell International Inc, a major supplier of aerospace products, said Monday it launched an unmanned aerial systems business to bet on the autonomous aviation space – drones, air taxis, and unmanned cargo delivery vehicles. Stéphane Fymat, the ... More »
BEIJING (Reuters) – Delta Air Lines (DAL.N) has received approval from the Shanghai government to resume flights from June 18, a company spokeswoman said on Monday, paving the way for the carrier to resume services to China after months of suspension due to CO... More »
NEW YORK (Reuters) – Facebook Inc’s WhatsApp messaging service rolled out a system across Brazil on Monday that will allow users to send money to individuals or local businesses within a chat, attaching payment as they would a photo or video. WhatsApp tested t... More »
BEIJING (Reuters) – The Chinese Beidou navigation network will be complete this month when its final satellite goes into orbit, giving China greater independence from U.S.-owned GPS and heating up competition in a sector long dominated by the United States. Th... More »
SYDNEY/HONG KONG (Reuters) – Hong Kong will lead a $5 billion rescue of Cathay Pacific Airways (0293.HK), which like other airlines has been hit by a global travel slump triggered by the coronavirus pandemic. The government’s involvement in the recapitalisatio... More »
KUALA LUMPUR (Reuters) – Malaysia will ask Bangladesh to take back about 300 Rohingya refugees detained after a boat carrying them entered its waters this week, the southeast Asian nation’s defence minister said on Tuesday. Malaysia does not recognise refugee ... More »
JAKARTA (Reuters) – Indonesia has resumed domestic flights for all passengers provided airlines operate at 70% capacity and follow strict rules brought into force on Tuesday, when the country announced its biggest daily rise in cases of the novel coronavirus. ... More »
PARIS (Reuters) – French government and industry officials are negotiating a 1-billion-euro, privately led investment fund for small aerospace suppliers in which major manufacturers could invest 200 million euros, people familiar with the proposals said on Wed... More »
DUBAI (Reuters) – Abu Dhabi’s Etihad Airways has laid off hundreds of employees this month, including cabin crew, after the coronavirus pandemic forced it to ground flights, according to industry and company sources. The state-owned airline, which had 20,530 e... More »
SACRAMENTO, Calif. (Reuters) – Businesses in the San Francisco Bay Area may open for curbside retail and manufacturing, while fan-free professional sports events might be allowed as soon as June, as California continued to loosen coronavirus health restriction... More »
FRANKFURT (Reuters) – Worldwide electric car registrations are set to fall 18% this year, but those of combustion engine cars are set to drop even faster, analysts BloombergNEF (BNEF) said on Tuesday, as the automotive sector is hammered by the coronavirus cri... More »
LONDON (Reuters) – Travel group TUI (TUIGn.DE) will cut 8,000 jobs and look to shed 30% of its costs as it gears up for a July restart to European tourism, the German company said on Wednesday. Holiday plans have been put on hold in the face of travel restrict... More »
MADRID (Reuters) – The Spanish government ordered a two-week quarantine for all travellers coming into the country from May 15 in a bid to curb the spread of the novel coronavirus after one of the Europe’s strictest lockdowns helped slow down the epidemic in S... More »
BEIJING/WASHINGTON (Reuters) – U.S. President Donald Trump said on Monday he opposed renegotiating the U.S.-China “Phase 1” trade deal after a Chinese state-run newspaper reported some government advisers in Beijing were urging fresh talks and possibly invalid... More »
LONDON (Reuters) – Britain will on Tuesday announce changes to programme that is paying the wages of more than 6 million workers at businesses affected by the coronavirus, its health minister said. Britain’s finance minister, Rishi Sunak, will make a statement... More »
LONDON (Reuters) – Hydrogen has long been touted as a clean alternative to fossil fuels. Now, as major economies prepare green investments to kickstart growth, advocates spy a golden chance to drag the niche energy into the mainstream of a post-pandemic world.... More »
PARIS (Reuters) – The French government has rejected a request by Amazon (AMZN.O) to tap a state partial unemployment scheme for employees at its six warehouses in the country, a spokeswoman for the labor ministry said on Monday. The e-commerce giant has shut ... More »
LONDON (Reuters) – Protesters blocked construction sites along the route of a planned high-speed rail link on Monday, aiming to stop swathes of British woodlands being felled for a project that has also faced criticism over spiralling costs. Prime Minister Bor... More »
(Reuters) – General Electric Co (GE.N) said on Monday it was planning to cut the global workforce of its aviation unit this year by as much as 25%, or up to 13,000 jobs, including both voluntary and involuntary layoffs, citing prolonged aircraft reduction sche... More »
WASHINGTON (Reuters) – Treasury Secretary Steven Mnuchin on Monday said bipartisan discussions are underway over whether more U.S. government relief funding is needed amid the nation’s novel coronavirus outbreak, but that President Donald Trump is focused on t... More »
OSLO (Reuters) – Norwegian Air (NWC.OL) shareholders backed its financial survival plan on Monday, with more than 95% of votes cast supporting the conversion of nearly $1 billion of debt into equity and raising more cash from its owners. The approval follows w... More »
ROME (Reuters) – Grandparents hugged their grandchildren, toddlers rushed excitedly through parks and factories revived their long-stalled production lines as Italy started the slow process of unwinding Europe’s longest coronavirus lockdown. Nearly two months ... More »
FRANKFURT (Reuters) – More than 10 times as many people in Germany have likely been infected with the coronavirus than the number of confirmed cases, researchers from the University of Bonn have concluded from a field trial in one of the worst hit towns. The p... More »
TEL AVIV (Reuters) – Chipmaker Intel Corp is in advanced talks to acquire Israeli public transit app developer Moovit for $1 billion, financial news website Calcalist reported on Sunday. Moovit has raised $133 million from investors including Intel, BMW iVentu... More »
BERLIN (Reuters) – Germany’s economy minister urged the country’s 16 federal states on Monday to go slowly in lifting coronavirus restrictions to avoid the outbreak spreading further and being forced to backtrack later. Under Germany’s decentralised political ... More »
OSLO (Reuters) – Norwegian Air (NWC.OL) could run out of cash by mid-May unless its proposed financial rescue plan is approved by creditors and shareholders, the budget carrier warned on Monday. If approved by bondholders, leasing companies and shareholders, t... More »
BERLIN (Reuters) – The German government and the federal state of Hesse have agreed to provide Condor with loans worth 550 million euros ($596.31 million), the economy minister said on Monday, after the owner of Poland’s LOT pulled out of a deal to buy the air... More »
WASHINGTON (Reuters) – Two senior U.S. House Democrats on Friday asked the U.S. Treasury and Federal Reserve to direct at least $5 billion in loans to struggling intercity bus companies because of the coronavirus pandemic. House Ways and Means Committee Chairm... More »
BEIJING/SHANGHAI (Reuters) – A northwestern province on the frontline of China’s coronavirus battle reported on Tuesday its first cases in nearly three weeks, all involving travellers from overseas, as imported infections started to level off elsewhere. The pr... More »
SYDNEY (Reuters) – Virgin Australia Holdings Ltd (VAH.AX) on Tuesday succumbed to third-party led restructuring that could lead to a sale, making Australia’s second-biggest airline the Asia-Pacific region’s biggest victim of the coronavirus crisis gripping the... More »
WASHINGTON (Reuters) – The five-member Federal Communications Commission voted unanimously to approve an order to allow Ligado Networks[MOSAV.UL] to deploy a low-power nationwide 5G network despite objections from the U.S. Defense Department, other federal age... More »
MANILA (Reuters) – The Asian Development Bank [ADB.UL] announced on Monday it was tripling the size of its rescue package to $20 billion to help developing countries in Asia counter the severe macroeconomic and health effects of the coronavirus pandemic. It pr... More »
MADRID (Reuters) – Spaniards at the country’s main transport hubs were handed face masks on a rainy Monday morning as the government relaxed some of the tough lockdown measures designed to rein in the coronavirus health crisis which has claimed nearly 17,000 l... More »
WASHINGTON (Reuters) – Congressional leaders and U.S. Treasury Secretary Steven Mnuchin will hold bipartisan negotiations on the contents of a new coronavirus response bill with the goal of reaching a deal by early next week, Senate Democratic Leader Chuck Sch... More »
(Reuters) – Uber Technologies Inc (UBER.N) on Thursday said it plans to ship millions of face masks to its active drivers and food delivery people around the world to help prevent the spread of the novel coronavirus. The ride-hailing company’s vice president o... More »
(Reuters) – Geico Corp, part of billionaire Warren Buffett’s Berkshire Hathaway Inc, said on Tuesday it will offer about $2.5 billion of credits to its 19 million auto and motorcycle policyholders, reflecting the decline in driving stemming from the coronaviru... More »
BERLIN (Reuters) – Investor morale in the euro zone fell to an all-time low in April and the bloc’s economy is in deep recession due to the coronavirus, which is “holding the world economy in a stranglehold”, a survey showed on Monday. Sentix’s index for the e... More »
MELBOURNE/SYDNEY (Reuters) – Carnival Corp’s (CCL.N) troubled Ruby Princess cruise liner, the biggest single source of coronavirus infections in Australia, docked south of Sydney on Monday to get help for sick crew members requiring urgent medical treatment. T... More »
PARIS (Reuters) – Airbus is studying a sharp cut in output of its top-selling A320 plane series amid an industry-wide slowdown triggered by the coronavirus crisis, sources familiar with the matter said. Europe’s leading planemaker is examining scenarios includ... More »
LONDON (Reuters) – Britain’s car sector needs immediate cash and the government should introduce measures to support suppliers, some of which only have enough money to handle the coronavirus crisis for weeks not months, the head of the main trade body told Reu... More »
WASHINGTON (Reuters) – The Trump administration said on Thursday it was allocating $25 billion in emergency funding grants to public transportation systems facing a massive falloff in demand due to the coronavirus pandemic. The U.S. Federal Transit Administrat... More »
WASHINGTON (Reuters) – Major U.S. airlines asked the U.S. Treasury to move quickly to release up to $58 billion in government grants and loans and recommended a formula to divide up the money. In a letter dated Saturday and seen by Reuters, carriers wrote that... More »
WARSAW (Reuters) – The main Polish opposition candidate running for president called on Sunday for a boycott of the country’s May election due to the coronavirus and completely suspended her campaign, adding to doubts about whether the vote will go ahead as pl... More »
RIO DE JANEIRO (Reuters) – Brazilian rapper MV Bill added his voice to a chorus of criticism of President Jair Bolsonaro for downplaying the gravity of the new coronavirus epidemic in a video clip that urges people to protect themselves. His rap “Quarantine” r... More »
JOHANNESBURG (Reuters) – South Africa’s Health Minister Zweli Mkhize said on Monday that the number of confirmed coronavirus cases had risen to 402, a jump of 128 since Sunday’s announcement that could worry public health experts concerned about the country’s ... More »
BRUSSELS (Reuters) – The EU agreed on Friday to suspend requirements that oblige airlines to use at least 80% of their take-off and landing slots in order to keep them the following year until Oct. 24 due to the aviation industry crisis unleashed by coronaviru... More »
HONG KONG (Reuters) – Many overseas arrivals in the Asian financial hub of Hong Kong are going unmonitored as they begin two weeks of mandatory self-quarantine, with only a third of the 6,000 electronic wristbands issued to them being activated, authorities sa... More »
WASHINGTON (Reuters) – A Republican proposal introduced in the U.S. Senate on Thursday would grant up to $58 billion in secured loans to help passenger and cargo airlines hit by the coronavirus crisis, but bar cash grants and could result in the government get... More »
WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin on Thursday urged Congress to move quickly to pass a $1 trillion economic relief measure by early next week, saying he expects bipartisan support for the bill to get cash payments to Americans durin... 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 »
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 »
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 »
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 »
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 »
LONDON (Reuters) – Sovereign wealth fund investment in venture capital deals slipped to its lowest level in six years in 2019, with the drop-off deepening in the months after WeWork’s planned share sale failed, data showed on Friday. Sovereign wealth-backed ve... More »
BOGOTA (Reuters) – Private investment funds operating in Colombia have around $5 billion available to invest in projects in the Andean country, the investors’ guild president said Thursday. Private investment funds have managed around $16.8 billion in mainly i... 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 »
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 »
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 »
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 »
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 »
MIDDLESBROUGH, England (Reuters) – Looming over the skyline of Teesside in northeast England stands the rusting hulk of what used to be Europe’s largest blast furnace, which shut in 2015 with the loss of more than 2,200 jobs. Attempts to bring investment and e... More »
WASHINGTON (Reuters) – U.S. Health and Human Services Secretary Alex Azar said on Sunday it remained unclear how the first American to die of coronavirus contracted the disease, and that there was no evidence he had a connection to someone who had traveled to ... 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 »
BRUSSELS (Reuters) – Air travelers cannot receive cash compensation if their flight is delayed by a passenger biting others and assaulting crew members, an adviser at the Court of Justice of the European Union said on Thursday. Such incidents were “extraordina... More »
BEIJING/SEOUL (Reuters) – Fears of a coronavirus pandemic grew on Monday after sharp rises in new cases reported in Iran, Italy and South Korea but China relaxed restrictions on movements in several places including Beijing as its rates of new infections eased... More »
HANOI (Reuters) – Bamboo Airways will suspend flights to South Korea from Feb. 26 over coronavirus concerns, the company said on Monday. Its flights between Da Nang and Nha Trang to Seoul’s Incheon International Airport will cease operations starting Feb. 26, ... More »
DUBAI (Reuters) – Kuwait and Bahrain on Monday recorded their first new coronavirus cases, all involving people who had visited Iran, which has reported 43 cases of the disease, state media said. Kuwait detected the virus in three people among 700 who had been... More »
BEIJING/SHANGHAI (Reuters) – An announcement that the Chinese city of Wuhan would relax some of its travel restrictions and allow some people to leave was made without authorization and has been revoked, the local government said on Monday. The city at the epi... More »
SINGAPORE (Reuters) – French junior transport minister Jean-Baptiste Djebbari said on Monday that he saw no need to close down transport borders between France and Italy, despite the spread of coronavirus. “Closing down the borders would make no sense, as the ... More »
