[ad_1] BEIJING (Reuters) – Group of Seven officials will discuss ways to bolster their economies against the impact of the spreading coronavirus outbreak on Tuesday, but are not expected to call for new spending or
Global supplier India curbs drug exports as coronavirus fears grow
[ad_1] BENGALURU/NEW DELHI (Reuters) – India, the world’s main supplier of generic drugs, has restricted the export of 26 pharmaceutical ingredients and the medicines made from them, including paracetamol, as the coronavirus outbreak plays havoc
Rebound rumbles on as G7 send support signal
[ad_1] LONDON (Reuters) – Global stocks and commodity markets extended a tentative recovery from their coronavirus slump on Tuesday, as global policymakers signalled a united front to address the economic fallout from the spreading outbreak.
OPEC’s oil cut proposal enough to push prices back to $60/bbl -Russia’s Lukoil
[ad_1] BRUSSELS (Reuters) – OPEC’s proposal to cut oil production by up to 1 million barrels per day would be enough to balance the market and lift oil prices back to $60 a barrel, Leonid
Lindt promises sweet dividend and further growth
[ad_1] A Maitre Chocolatier of Swiss chocolatier Lindt & Spruengli prepares a chocolate after the annual news conference in Kilchberg, Switzerland March 8, 2016. REUTERS/Arnd Wiegmann/Files ZURICH (Reuters) – Swiss chocolate maker Lindt & Spruengli
Australia’s central bank cuts rates to shake off virus fears
[ad_1] SYDNEY (Reuters) – Australia’s central bank cut interest rates to record lows on Tuesday in what is expected to be the first in a spate of policy stimulus around the world to fight the
Gold prices rise on global monetary stimulus bets
[ad_1] (Reuters) – Gold prices rose on Tuesday as expectations grew for monetary policy easing by major central banks to limit the economic fallout from the fast-spreading coronavirus. The Sicpa Oasis validator system (bullion protect)
Oil extends gains as hopes of stimulus, OPEC cuts offset virus
[ad_1] SEOUL (Reuters) – Oil prices rose for a second day on Tuesday on expectations that central banks are likely to enact financial stimulus to offset the impacts of the coronavirus outbreak and growing optimism
U.S.’ Mnuchin, Powell to lead G7 virus call as central banks prepare to act
[ad_1] ROME/PARIS (Reuters) – G7 finance ministers and central bank governors will hold a conference call on Tuesday morning to discuss measures to deal with the widening coronavirus outbreak and its economic impact, a U.S.
Oil rises a second day as stimulus hopes, expected OPEC cuts offset virus
[ad_1] SEOUL (Reuters) – Oil prices rose for a second day on Tuesday on expectations that central banks are likely to enact financial stimulus to offset the impacts of the coronavirus outbreak and growing optimism