[ad_1] SYDNEY (Reuters) – Cathay Pacific warned of a substantial loss in the first half of the year and flagged more cuts in flights due to the “unprecedented challenge” from the coronavirus outbreak that has
Malaysia’s sugar purchases from India hit record amid diplomatic spat – trade
[ad_1] MUMBAI (Reuters) – India’s exports of sugar to Malaysia so far in 2020 have nearly tripled over the figure for all of last year, as Kuala Lumpur steps up purchases to placate New Delhi
Oil jumps 10%, U.S. stocks rebound after market rout
[ad_1] NEW YORK/LONDON (Reuters) – Oil and global equity markets charged back on Tuesday after the prior day’s steep losses as the world’s biggest economies moved to cushion the impact of the coronavirus, but stock
Virus to push Cathay Pacific into H1 loss, prompt more capacity cuts
[ad_1] SYDNEY (Reuters) – Cathay Pacific warned of a substantial loss in the first half of the year and flagged more capacity cuts due to the coronavirus outbreak, which has forced it to ground more
China to let key industries resume work in Wuhan, epicentre of virus outbreak
[ad_1] BEIJING (Reuters) – Key industries in the central Chinese city of Wuhan, epicentre of the coronavirus outbreak that has claimed more than 4,000 lives to date, will resume work, the provincial government of Hubei
Stocks wilt on growing doubts about U.S. virus response
[ad_1] TOKYO (Reuters) – Asian shares and Wall Street futures fell on Wednesday, as growing scepticism about Washington’s stimulus package to fight the coronavirus outbreak knocked the steam out of an earlier rally. A man
Buy or sell? Investors navigate coronavirus data fog
[ad_1] LONDON (Reuters) – For money managers, it’s bad enough watching the coronavirus wipe trillions of dollars off world markets’ value. Even worse is not knowing how bad the outbreak really is for the economy,
Banks at risk of losing billions of dollars in fee-based revenues – study
[ad_1] NEW YORK (Reuters) – Major banks are at risk of losing billions of dollars of fee-based retail revenue as they face increased regulatory pressure and growing competition from new entrants offering no-fee services, Accenture
Stock rebound stalls as doubts about U.S. virus response grow
[ad_1] TOKYO (Reuters) – Asian shares and Wall Street futures fell on Wednesday as growing scepticism about Washington’s stimulus package to fight the coronavirus outbreak knocked the steam out of an earlier rally. A man
Factbox – U.S. coronavirus stimulus according to Trump, Republicans, and Democrats
[ad_1] WASHINGTON (Reuters) – President Donald Trump met with fellow Republicans in the U.S. Senate on Tuesday to discuss a fiscal stimulus plan to bolster the nation’s economy in the face of the coronavirus outbreak.