[ad_1] FILE PHOTO: The first Air France Airbus A350 prepares to take off after a ceremony at the aircraft builder’s headquarters in Colomiers near Toulouse, France, September 27, 2019. REUTERS/Regis Duvignau PARIS (Reuters) – Air
Russia to launch $4 billion fund to try to shield economy from coronavirus shock
[ad_1] MOSCOW (Reuters) – Russia will create a 300-billion rouble ($4 billion) anti-crisis fund to try to shield its economy from the coronavirus shock, Prime Minister Mikhail Mishustin said on Monday. A woman wearing a
Global Markets: Stocks dive as Fed & co fail to calm panicky markets
[ad_1] LONDON/SYDNEY (Reuters) – Stock markets were routed and the dollar stumbled on Monday after the Federal Reserve slashed U.S. interest rates in an emergency move and its major peers offered cheap U.S. dollars in
Uniqlo owner says most stores in China outside Hubei have reopened
[ad_1] A man walks past the logo of Uniqlo at Myeongdong shopping district in Seoul, South Korea, October 22, 2019. REUTERS/Heo Ran/Files TOKYO (Reuters) – Japan’s Fast Retailing (9983.T) said only 30 out of its
Starbucks temporarily moves to ‘to go’ model amid virus outbreak
[ad_1] A barista serves beverages in single use cups inside a Starbucks in London, Britain, March 6, 2020. REUTERS/Henry Nicholls/Files (Reuters) – Starbucks Corp (SBUX.O) has moved to a “to go” model in all its
Europe’s stock volatility gauge hits record levels, beats 2008 highs
[ad_1] A trader works at Frankfurt’s stock exchange in Frankfurt, Germany, March 12, 2020. REUTERS/Ralph Orlowski LONDON (Reuters) – The volatility gauge for euro-zone stocks .V2TX, widely known as ‘Europe’s fear index’, surged on Monday
Market volatility puts pressure on prices in Australian M&A deals – sources
[ad_1] SYDNEY/HONG KONG (Reuters) – At least three Australian takeovers potentially worth a combined $1.2 billion are facing lower prices and contract conditions, three sources said, as financial market turmoil sparked by the coronavirus has
Factbox: The economic remedies for the coronavirus
[ad_1] (Reuters) – Policymakers and government leaders have taken a range of approaches to deal with the economic fallout from the coronavirus. Here is a list of how some of the world’s biggest economies and
Fed slashes rates again to shore up economy as coronavirus spreads
[ad_1] (Reuters) – The Federal Reserve unexpectedly cut interest rates on Sunday for the second time in less than two weeks, an emergency move to help shore up the U.S. economy as a coronavirus pandemic
BOJ joins peers to fight coronavirus fallout, ramps up risky asset buying
[ad_1] 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