[ad_1] WASHINGTON (Reuters) – Two Republican senators faced calls to resign on Friday over media reports they sold substantial amounts of stock before the global coronavirus-induced market meltdown after receiving private briefings on the outbreak.
IMF sees severe impact from pandemic on global economy, but crisis temporary
[ad_1] WASHINGTON (Reuters) – The impact of the global coronavirus pandemic will be “quite severe,” but a long expansionary period and high employment rates mean the global economy should weather the current shock, a top
New York order spooks Wall Street, offsets calm from policy efforts
[ad_1] NEW YORK (Reuters) – Wall Street retreated on Friday after New York ordered residents to stay home, rattling investors who had welcomed this week’s fiscal and monetary measures to counter the coronavirus shock and
India’s Tata Motors ready to halt one plant if virus concerns deepen
[ad_1] FILE PHOTO: A Tata Motors logo is pictured outside the company showroom in Mumbai, India February 5, 2018. REUTERS/Danish Siddiqui/File Photo NEW DELHI (Reuters) – India’s Tata Motors (TAMO.NS) is rapidly scaling down activity
China’s new imported coronavirus cases at record; no domestic transmission for second day
[ad_1] BEIJING/SHANGHAI (Reuters) – China’s imported coronavirus cases have risen to a record 228, data showed on Friday, as infected travelers spread to ever more provinces, adding pressure on authorities to toughen entry rules and
Worldwide coronavirus deaths exceed 10,000
[ad_1] Members of firefighters wear protective face masks, amid fear of coronavirus disease (COVID-19), as they disinfect the streets, ahead of the Iranian New Year Nowruz, March 20, in Tehran, Iran March 18, 2020. Picture
U.S. home sales race to 13-year high; coronavirus disruption looms
[ad_1] WASHINGTON (Reuters) – U.S. home sales surged to a 13-year high in February, but the housing market recovery is likely to be derailed by the coronavirus pandemic, which has unleashed a wave of layoffs
UK bans parallel exports of key drugs to protect supplies
[ad_1] People queue for a supermarket, as the spread of the coronavirus disease (COVID-19) continues, in London, Britain, March 20, 2020. REUTERS/Dylan Martinez/Files LONDON (Reuters) – Britain has banned the parallel export of 80 crucial
Walt Disney delays India launch of streaming service
[ad_1] FILE PHOTO: A man looks at his phone as he passes by a screen advertising Walt Disney’s streaming service Disney+ in New York City, U.S., November 12, 2019. REUTERS/Brendan McDermid (Reuters) – Walt Disney
Truckmaker Volvo to put all 20,000 Swedish staff on temporary lay off-scheme
[ad_1] FILE PHOTO: A Volvo XC 90 car is seen during an interview with CEO Hakan Samuelsson at the Volvo Cars Showroom in Stockholm, Sweden July 5, 2017. TT News Agency/Jonas Ekstromer/via REUTERS STOCKHOLM (Reuters)