[ad_1] NEW YORK (Reuters) – The S&P 500 rose 6% on Tuesday, recouping half of the previous session’s historic sell-off, as the Federal Reserve and the White House took further steps to boost liquidity and
HSBC appoints insider Noel Quinn as chief executive
[ad_1] LONDON (Reuters) – HSBC (HSBA.L) said on Tuesday it appointed Noel Quinn as chief executive officer, handing the insider and interim boss the reins of Europe’s biggest bank and ending months of speculation an
Coronavirus-stricken airlines call for state aid to avert ruin
[ad_1] LONDON/PARIS (Reuters) – Airlines demanded urgent tax relief to avoid multiple bankruptcies as coronavirus disruption continued its spread across the global industry on Tuesday. As EU transport ministers prepared to discuss financial support, the
Philippines exempts financial markets from coronavirus shutdown
[ad_1] MANILA/SINGAPORE (Reuters) – The Philippines exempted its financial trading platforms from strict coronavirus quarantine procedures on Tuesday, paving the way for the resumption of trading at its stock, bond and foreign exchange markets this
U.S. retail sales fall broadly in February
[ad_1] WASHINGTON (Reuters) – U.S. retail sales fell by the most in more than a year in February and the coronavirus outbreak is expected to depress sales in the months ahead, which could strengthen economists’
France limits paracetamol sales as hoarding threatens availability
[ad_1] PARIS (Reuters) – France limited sales of paracetamol-based drugs on Tuesday as people who fear coronavirus infection raided pharmacies to stockpile the drug. France’s ANSM medicine agency said that while paracetamol-based medicine is useful
India halts key policy plans as revenues shrink: sources
[ad_1] NEW DELHI (Reuters) – India has dropped at least three crucial policy initiatives, including lowering import taxes on vegetable oils, as the outbreak of the coronavirus hits government revenue collection, two sources said on
GoAir suspends all international flights due to coronavirus
[ad_1] A GoAir aircraft taxis on the tarmac at Bengaluru International Airport in Bangalore March 9, 2012. REUTERS/Vivek Prakash/Files NEW DELHI (Reuters) – Indian budget airline GoAir said on Tuesday it has suspended all international
Ventas sees slowdown in move-ins to senior centers amid coronavirus pandemic
[ad_1] (Reuters) – Ventas Inc said on Tuesday it was experiencing a slowdown in move-ins at its senior housing business and withdrew its 2020 financial forecasts, as the coronavirus pandemic raises the risk of tenants
India’s February steel exports fall for first time in 8 months
[ad_1] NEW DELHI (Reuters) – India’s finished steel exports plunged 8% in February from a year earlier, their first decline in eight months, government data showed, as demand from traditional buyers in Europe and South