ZURICH (Reuters) – UBS Group (UBSG.S) intends to pay its 2019 dividend, the Swiss bank said on Monday, despite guidance from markets supervisor FINMA, the Swiss government and international banking groups to limit payouts as the coronavirus outbreak hits the g... More »
LONDON (Reuters) – Banning short-selling of shares gives the impression of responding decisively to events without achieving any useful result, the World Federation of Exchanges (WFE) said on Monday. In an unusually blunt statement, the global umbrella group f... More »
LONDON (Reuters) – Britain has ordered more than 10,000 ventilators from a consortium of leading aerospace, engineering and Formula One racing teams which have met an urgent government plea for help with production due to start this week. The group, including ... More »
BERLIN (Reuters) – The number of confirmed cases of coronavirus in Germany has risen to 57,298 and 455 people have died of the disease here, statistics from the Robert Koch Institute (RKI) for infectious diseases showed on Monday. Cases rose by 4,751 compared ... More »
LONDON (Reuters) – A new version of a breathing aid that can help coronavirus patients has been developed in less a week by a team involving Mercedes Formula One, and is being trialed at London hospitals. Continuous Positive Airway Pressure (CPAP) devices have... More »
MOSCOW (Reuters) – Twenty Gazprom workers, who were airlifted to hospital following a coronavirus scare last week, have been discharged after the tests came back negative, a Gazprom spokesman said on Monday. The workers were quarantined at Bovanenkovo gas fiel... More »
TOKYO (Reuters) – Toyota Motor Corp (7203.T) said on Monday that it would extend a suspension at all of its factories in Europe with the exception of Russia until further notice, with a restart expected no earlier than April 20. With the spread of the coronavi... More »
(Reuters) – Major sports events around the world that have been hit by the coronavirus pandemic: OLYMPICS * The International Olympic Committee and Japan’s Prime Minister Shinzo Abe concluded the Tokyo 2020 Olympics must be postponed and held no later than the... More »
LONDON (Reuters) – Thousands of London’s underwriters took their stamps and fountain pens home last week, which they use to sign insurance contracts, but they won’t need them. Working at home due to the coronavirus lockdown, they have abandoned the normal tool... More »
LONDON/FRANKFURT (Reuters) – The European Central Bank told euro zone banks on Friday to skip dividend payments and share buybacks until October at the earliest and use their profits to support the economy as it is hit by the coronavirus pandemic. With large p... More »
LONDON (Reuters) – Five guns which were used in “James Bond” movies, including the last weapon brandished by actor Roger Moore while playing 007, have been stolen from a house in north London by suspects with Eastern European accents, British police said on Fr... More »
ROVANIEMI, Finland (Reuters) – When Peruvian musician Victor Alarcon set out on his dream trip to shoot a music video in the Finnish Arctic for his single called ‘Aurora Boreal’ (Northern Lights), he did not expect the coronavirus outbreak to leave him strande... More »
MADRID (Reuters) – Under partial lockdown due to the spiraling coronavirus pandemic, Spaniards are allowed to leave home only for essential outings, walking a dog being one of them. But not a rented dog, the Civil Guard police force warned on Wednesday as it s... More »
BOSTON/LONDON (Reuters) – The havoc wrought by the coronavirus crisis could give investors leverage to put new limits on CEO pay packages and link them more closely to a range of social and environmental issues at companies’ annual meetings this spring. Execut... More »
ATHENS (Reuters) – The International Olympic Committee is stepping up its “scenario planning” for the Tokyo 2020 Games — including a possible postponement — as the coronavirus pandemic spreads, it said after an emergency meeting on Sunday. The IOC will hold di... More »
(Reuters) – Canada and Australia said they would not be sending athletes to the Tokyo Olympics if the Games went ahead as scheduled in July and August this year because of the coronavirus pandemic. Here is a list of previous cancellations, boycotts and changes... More »
(Reuters) – Reaction to Canada’s boycott of the 2020 Tokyo Games due to concerns about the coronavirus. The Australian Olympic Committee has also said its athletes should prepare for an Olympics next year. COMMENTS FROM OFFICIALS Statement from Canadian Olympi... More »
FRANKFURT (Reuters) – Worried about whether you have enough toilet paper for the coronavirus lockdown? A German website can tell you how long your supply will last. Toilet paper has become one of the commodities shoppers across the world have hoarded as the co... More »
MADRID (Reuters) – Spanish opera singer Placido Domingo said on Sunday he had tested positive for coronavirus and had gone into self isolation with his family. “We are currently all in good health but I developed a cough and a fever and decided to get tested, ... More »
LONDON (Reuters) – Anglo American said on Friday it would reschedule work at mines in countries such as Chile to contain the spread of coronavirus but added there had been no material disruption on production. The virus, which has claimed over 10,000 lives glo... More »
LONDON (Reuters) – The Bank of England canceled this year’s stress test of major banks on Friday and said it may be hard to implement new global capital rules on time given the focus now on supporting lending to customers hit by the coronavirus epidemic. The d... 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 »
FRANKFURT (Reuters) – Euro zone governments should “get their acts together” and respond to the coronavirus pandemic and its economic fallout in a bold and coordinated way now that the ECB has secured cheap financing for it, two ECB rate-setters said on Friday... More »
BERLIN (Reuters) – Germany will spare no effort to help its economy weather the coronavirus crisis and is in talks with its European Union partners about how to minimize the economic impact of the outbreak, a finance ministry spokesman said on Friday. “We are ... More »
LONDON (Reuters) – The World Snooker Championship in Sheffield became the latest staple of the British sporting diet to be postponed on Friday because of the coronavirus pandemic. The 17-day season-ending showpiece, scheduled for April 18 to May 4 at the Cruci... More »
KUALA LUMPUR (Reuters) – AirAsia Group Bhd (AIRA.KL) said on Friday an independent probe into corruption allegations from Britain’s Serious Fraud Office (SFO) has found the Malaysian airline’s procurement process with European planemaker Airbus SE (AIR.PA) rob... More »
LONDON (Reuters) – Britain has asked 65,000 former nurses and doctors to return to work and will deploy final-year medical students to fight the coronavirus health crisis, the health ministry said. As the coronavirus outbreak sweeps across the world, governmen... More »
MADRID (Reuters) – Spain’s death toll from the coronavirus epidemic soared to 1,002 on Friday from 767 on the previous day, the country’s health emergencies chief Fernando Simon said. The number of registered cases in the country rose to 19,980 on Friday from ... More »
WASHINGTON (Reuters) – President Donald Trump on Thursday opened the door to a radical shift in the U.S. government’s relationship to private industry as the coronavirus outbreak upends the nation’s economy, saying he would back the government taking stakes in... More »
PARIS (Reuters) – The Cannes Film Festival, the world’s largest, was forced to postpone its latest edition in May due to the spread of the coronavirus, organisers of the annual event on the French Riviera said on Thursday. The postponement follows weeks of spe... More »
NEW YORK (Reuters) – In scary times like these, it is comforting to talk to someone who has seen and studied a lot of things – booms, busts, and everything in between. Enter Robert Shiller. The Yale University economics professor and Nobel Prize winner recentl... 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 »
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 »
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 »
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 »
(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 »
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 »
LONDON (Reuters) – U.S. crude fell below $30 on Monday as emergency rate cuts by the U.S. Federal Reserve and its global counterparts failed to tame markets and China’s factory output plunged at the sharpest pace in 30 years amid the spread of coronavirus. Bre... 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 »
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 »
VIENNA (Reuters) – If the European Central Bank sees the need for further stimulus in the area of government bonds to help countries tackle the coronavirus impact, it is ready to do so, European Central Bank policymaker Robert Holzmann said on Monday. “If ther... 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 »
(Reuters) – European shares tumbled more than 8% on Monday as the coronavirus pandemic raged through much of Europe, with dramatic monetary easing by global central banks failing to reassure investors about its growing economic damage. The pan-European STOXX 6... More »
FRANKFURT (Reuters) – BioNTech struck a collaboration deal with Shanghai Fosun Pharmaceutical over the German biotech firm’s rights in China to an experimental coronavirus vaccine, the latest gambit in a global race to halt the pandemic. Once regulators approv... More »
HAMBURG (Reuters) – A case of H5N8 bird flu has been confirmed in a poultry farm in the eastern German state of Saxony, German authorities said on Monday. The social affairs and protection ministry in the state of Saxony said the case involved bird flu of type... 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) – 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 »
(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 »
SINGAPORE (Reuters) – Oil extended losses on Monday as an emergency rate cut by the U.S. Federal Reserve failed to soothe global financial markets panicked by the rapid spread of the coronavirus while a price war rages on between top producers. Brent crude fel... More »
LONDON (Reuters) – Formula One drivers Max Verstappen and Lando Norris were racing on Sunday but, with the season-opening Australian Grand Prix canceled due to the coronavirus, it was against invisible opponents on virtual racetracks. The world of esports came... 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 »
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 »
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) – A series of six paintings by the Venetian master Titian, commissioned by King Philip II of Spain and inspired by the works of the Roman poet Ovid, have been reunited for the first time in four centuries in an exhibition at London’s National ... More »
WASHINGTON (Reuters) – On a crag of rock called Brother’s Point on Scotland’s Isle of Skye, scientists have identified two bustling footprint sites that reveal an abundance of dinosaurs that thrived 170 million years ago including an early member of a celebrat... More »
WASHINGTON (Reuters) – Scientists have detected an exotic planet in another solar system where the weather forecast is always dire – a 100 percent chance of the most outrageous rain imaginable, with droplets of scaldingly hot liquid iron. The researchers said ... 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 »
LONDON (Reuters) – Investors pulled out of most asset classes, with stocks and bond funds seeing a combined $36 billion of outflows in the week to Wednesday, BofA said, amid fears of economic damage from the coronavirus epidemic. Stock markets have been sellin... 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 »
ROME (Reuters) – An exhibition commemorating the 500th anniversary of the death of Renaissance artist Raphael opens in Rome this week but the show risks being overshadowed by the coronavirus outbreak sweeping Italy. The Scuderie del Quirinale gallery has sold ... More »
VIENNA (Reuters) – European Central Bank policymaker Robert Holzmann said he would not support an interest rate cut to insulate the euro zone from the effects of the coronavirus epidemic but he could consider giving firms ultra cheap loans. When asked if targe... 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 »
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 »
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 »
(Reuters) – European shares steadied on Monday after their worst weekly showing since the 2008 financial crisis, on rising hopes that major central banks will step in to counter the impact of the coronavirus epidemic on global growth. The pan-European STOXX 60... 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 »
SINGAPORE (Reuters) – Oil prices jumped more than 4%, up from multi-year lows hit earlier on Monday, as hopes of a deeper cut in output by OPEC and stimulus from central banks countered worries about damage to demand from the coronavirus outbreak. Brent crude ... 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 »
PARIS (Reuters) – The European Central Bank is prepared to support the economy if needed in the face of the coronavirus outbreak, although more action is not yet needed, ECB policymaker Francois Villeroy de Galhau said on Monday. Villeroy, who is also head of ... 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 »
HOUSTON (Reuters) – Coronavirus concerns prompted organizers on Sunday to cancel one of the world’s most prestigious gatherings of oil ministers and top executives from the energy and financial industries scheduled for this month in Houston. The fast-spreading... 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 »
SINGAPORE/SYDNEY (Reuters) – Asian shares regained a measure of calm on Monday as markets bounced after a searing sell-off last week and as investors pinned hopes on a likely coordinated global monetary response to help soften the economic blow of the coronavi... More »
(Reuters) – Brazilian teenager Thiago Seyboth Wild became the youngest player to win on Latin America’s ‘Golden Swing’ since Rafael Nadal in 2005 when he outlasted Norwegian second seed Casper Ruud 7-5 4-6 6-3 at the Chile Open on Sunday. The 19-year-old wildc... More »
PARIS (Reuters) – From leather bodices to sheer frilly dresses, Italian label Valentino showcased a series of all-black looks in Paris on Sunday as fashion houses pressed on with their shows in spite of the coronavirus outbreak that has kept some attendees awa... More »
VIENNA (Reuters) – The Swiss government has filed a criminal complaint over the U.S. Central Intelligence Agency’s alleged use of a cryptography company as a front to spy on various governments’ secret communications, the Swiss attorney general’s office said o... More »
PARIS (Reuters) – Austrian-British fashion duo Andreas Kronthaler and Vivienne Westwood brought a gypsy-like caravan of models wrapped in tartan and silk to the gilded corridors of Paris’ town hall to present their 2020-21 winter collection. Contrasting the op... More »
PARIS (Reuters) – Roman Polanski cast a shadow over France’s Cesar Awards on Friday even as he won best directing for his film “An Officer and a Spy,” with several women in the audience walking out in protest at honoring a man facing rape accusations. The Fren... More »
PARIS (Reuters) – Roman Polanski, who faces accusations of rape, won France’s Cesar Award for best directing for his film “An Officer and a Spy” on Friday, prompting several actresses to walk out of the ceremony in protest. Polanski was not at the event, the b... More »
LOS ANGELES (Reuters) – Filming of Netflix Inc’s big-budget Dwayne Johnson movie “Red Notice” had been scheduled to move to Italy in the coming weeks, but producers now are exploring other locations due to the coronavirus outbreak in the country, a source clos... More »
PARIS (Reuters) – Roman Polanski’s film “An Officer and a Spy” collected its first Cesar Award out of 12 nominations on Friday, scooping the prize for best costume designer. Pascaline Chavanne was not at the event to collect her trophy after the entire cast an... 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 »
BRUSSELS (Reuters) – Italy and other euro zone countries hit by the coronavirus outbreak are expected to benefit from waivers under EU fiscal rules that will allow them to spend more to tackle the emergency, the bloc’s economics commissioner said on Wednesday.... More »
