|
Mar 28, 2020
President Donald
Trump said on Saturday he might prohibit travel in and out of
the New York area to limit the spread of the coronavirus from
its U.S. epicenter, as healthcare workers in the hard-hit region
said they did not have enough masks and medical equipment.
|
|
Mar 28, 2020
Russia's largest oil producer,
Rosneft, said on Saturday it had terminated operations
in Venezuela and sold the assets linked to its operations there
to an unnamed company owned by the Russian government.
|
|
Mar 28, 2020
Juventus players and coach Maurizio Sarri have reached an agreement over a wage reduction that will save the Italian champions 90 million euros in the 2019/2020 financial year, the Serie A club announced on Saturday.
|
|
Mar 28, 2020
JPMorgan Chase & Co
further lowered its tracking estimate on U.S. economic growth
for the first and second quarters this week, as more states
issued stay-at-home orders to contain the spread of the
coronavirus.
|
|
Mar 28, 2020
Italian soccer club Juventus have reached an understanding with their first team and coach over a compensation reduction for the remaining part of the season equal to four months' pay.
|
|
Mar 28, 2020
Hundreds of passengers on
a cruise ship, where four people have died and over 130 others
have influenza-like symptoms, including at least two with the
coronavirus, will be transferred to a sister ship, Panamanian
authorities said on Saturday.
|
|
Mar 28, 2020
Canada will not
allow anyone displaying symptoms of the COVID-19 respiratory
illness to board domestic flights or inter-city passenger
trains, Prime Minister Justin Trudeau said on Saturday, the
latest travel restriction aimed at curbing the coronavirus
outbreak.
|
|
Mar 28, 2020
A decision by Russian oil major
Rosneft to terminate its operations in Venezuela is
aimed at defending its shareholders, Rosneft's spokesman Mikhail
Leontiev told Reuters on Saturday.
|
|
Mar 28, 2020
Russia's largest oil producer,
Rosneft, said on Saturday it had terminated operations
in Venezuela and disposed of its assets relating to its
operations there.
|
|
Mar 28, 2020
Turkey halted inter-city trains
and limited domestic flights on Saturday, as the main opposition
called for a stay-at-home order after coronavirus cases surged
to more than 7,000.
|
|
Mar 28, 2020
Russia's largest oil producer,
Rosneft, said on Saturday it had terminated operations
in Venezuela and disposed of its assets relating to its
operations there.
|
|
Mar 28, 2020
The number of known
coronavirus U.S. cases soared well past 115,000, with more than
1,900 dead, as President Donald Trump said on Saturday he was
considering imposing a quarantine on the hard hit New York
region.
|
|
Mar 28, 2020
Merck & Co Inc said on Saturday
that vericiguat, an investigational drug for patients with
worsening chronic heart failure, met the primary efficacy
endpoint in the VICTORIA trial.
|
|
Mar 28, 2020
The sum of known coronavirus
U.S. cases soared well past 100,000, with more than 1,600 dead,
as weary doctors and nurses protested at shortages of scarce
medical supplies that some have to keep under lock and key or
even buy on the black market.
|
|
Mar 28, 2020
Turkey halted inter-city trains
and limited domestic flights on Saturday, as the main opposition
called for a stay-at-home order after coronavirus cases jumped
by a third in a day.
|
|
Mar 28, 2020
Turkey halted inter-city trains
and limited domestic flights on Saturday, as the main opposition
called for a stay-at-home order after coronavirus cases jumped
by a third in a day.
|
|
Mar 28, 2020
The sum of known coronavirus
U.S. cases soared well past 100,000, with more than 1,600 dead,
as weary doctors and nurses coping with shortages resorted to
extremes ranging from hiding scarce medical supplies to buying
them on the black market.
|
|
Mar 28, 2020
Indonesia's capital Jakarta
announced a two-week extension of its state of emergency
following the nationwide surge in coronavirus cases, its
governor said on Saturday.
|
|
Mar 28, 2020
Germans have been largely
complying with rules to prevent the spread of coronavirus,
Chancellor Angela Merkel said on Saturday, as confirmed cases in
the country continued to rise and her chief of staff said the
shutdown would not be eased before April 20.
|
|
Mar 28, 2020
South African billionaire
businessman Patrice Motsepe said on Saturday his group of
companies would donate 1 billion rand ($57 million) to help
fight the coronavirus outbreak that has forced the country into
total lockdown as infections climb.
|
|
Mar 28, 2020
The sum of known coronavirus
U.S. cases soared well past 100,000, with more than 1,600 dead,
as weary doctors and nurses coping with shortages resorted to
extremes ranging from hiding scarce medical supplies to buying
them on the black market.
|
|
Mar 28, 2020
Turkey halted all intercity
trains and limited domestic flights on Saturday as part of
measures to contain a fast-growing coronavirus outbreak, as the
number of cases jumped by a third in a day to 5,698, with 92
dead.
|
|
Mar 27, 2020
OneWeb, the satellite operator backed
by Japan's SoftBank Group Corp, said it has filed for
Chapter 11 bankruptcy to pursue a sale of its business and and
has cut its workforce amid the coronavirus outbreak.
|
|
Mar 27, 2020
Four passengers have died
on a cruise ship off the Pacific coast of Panama and more than
130 others aboard are suffering from influenza-like symptoms, at
least two of whom have the coronavirus, the vessel's operator
said on Friday.
|
|
Mar 27, 2020
* Trump invokes Defense Production Act
(Updates with latest U.S. case and death tallies)
|
|
Mar 27, 2020
Canada's top lenders lowered
their prime rates by 50 basis points on Friday, hours after the
central bank unexpectedly cut its key interest rate to help the
county weather the economic fallout of the coronavirus pandemic.
|
|
Mar 27, 2020
OneWeb, the satellite operator backed
by SoftBank Group Corp has filed for a voluntary
Chapter 11 bankruptcy plan to pursue a sale of its business, the
company said late on Friday.
|
|
Mar 27, 2020
As China reopens its economy after
months of lockdown, Apple Inc's iPhone factories are
largely up and running. But with the coronavirus pandemic
spreading across the world, the urgent question for the company
is how many buyers there will be both for current models and the
new slate of phones expected in the fall.
|
|
Mar 27, 2020
A Brazilian court on Friday
allowed billionaire brothers Wesley and Joesley Batista to
attend board meetings at their family company, J&F
Investimentos, despite a ban on them taking leadership posts due
to a landmark corruption case.
|
|
Mar 27, 2020
As U.S. demand for ventilators
skyrockets during the coronavirus pandemic, smaller medical
device makers are simplifying their designs and pushing other
work aside to make more of the devices.
|
|
Mar 27, 2020
Abbott Laboratories said on Friday it
won U.S. marketing approval for a diagnostic test for the
coronavirus that can deliver results to patients within minutes
and be used in physicians offices and urgent care clinics, as
well as hospitals.
|
|
Mar 27, 2020
General Motors Co has
reached a $120 million settlement with owners who claimed that
their vehicles lost value because of defective ignition
switches, which have been linked to 124 deaths.
|
|
Mar 27, 2020
U.S. President
Donald Trump on Friday invoked emergency powers to require
General Motors Co to build much-needed ventilators for
coronavirus patients after he accused the largest U.S. automaker
of "wasting time" during negotiations.
|
|
Mar 27, 2020
Canada's top lenders lowered their
prime rates by 50 basis points on Friday, hours after the
central bank unexpectedly cut its key interest rate to help the
county weather the economic fallout of the coronavirus pandemic.
|
|
Mar 27, 2020
U.S. companies raised a
record $109.1 billion through investment-grade bond sales this
week, as corporate America hoarded cash following measures
unveiled on Monday by the Federal Reserve to backstop the market
for high-quality debt.
|
|
Mar 27, 2020
President Donald Trump said
on Friday that he would meet advisers early next week to discuss
the next steps in fighting the coronavirus and the possibility
of opening the U.S. economy, and said the United States would
produce 100,000 ventilators in 100 days.
|
|
Mar 27, 2020
Mexican plastic pipe and
chemicals company Orbia Advance Corporation said on
Friday it drew down $1 billion from its revolving credit line.
|
|
Mar 27, 2020
General Motors Co has reached a
$120 million settlement with drivers who claimed that their
vehicles lost value because of defective ignition switches,
which have been linked to 124 deaths.
|
|
Mar 27, 2020
The price of Mexico's oil
export basket fell to $13.01 per barrel on Friday, down 11.32%
from $14.67 per barrel the previous day, state oil company Pemex
said.
(Reporting by Adriana Barrera; Writing by Daina Beth Solomon)
|
|
Mar 27, 2020
U.S. Treasury Secretary
Steve Mnuchin said on Friday that taxpayers will "compensated"
for providing up to $25 billion in direct grants to the airline
industry.
|
|
Mar 27, 2020
Brazil's main buyer of beef,
China, has resumed imports of Brazilian meat in high quantities,
after a slowdown in the first two months of the year due to the
coronavirus outbreak, industry sources told Reuters.
|
|
Mar 27, 2020
Chaparral Energy Inc is
working with debt restructuring advisers as it looks to shore up
its cash position at a time of financial distress for U.S. oil
and gas producers, people familiar with the matter said on
Friday.
|
|
Mar 27, 2020
U.S. President Donald Trump
said on Friday the United States would produce 100,000
ventilators in 100 days and said he had named White House aide
Peter Navarro as the coordinator of the Defense Production Act.
|
|
Mar 27, 2020
United Airlines Holdings Inc
and Delta Air Lines welcomed on Friday a $50
billion relief package they said would protect jobs through
September but warned that the continued challenges facing the
industry will require more action.
|
|
Mar 27, 2020
* Trump invokes Defense Procurement Act
(Recasts with latest case and death figures; color from New
Orleans; nurses hiding masks)
|
|
Mar 27, 2020
* Consumer groups say many flouting rules
(Adds details on easyJet, BA refund changes, comments)
|
|
Mar 27, 2020
The Canadian Competition Bureau said on Friday that the
proposed sale of tour operator Transat A.T. Inc to Air Canada
would likely result in a substantial lessening or prevention of competition in
the sale of air travel or vacation packages to Canadians.
|
|
Mar 27, 2020
* Indexes: Dow -4.06%, S&P 500 -3.37%, Nasdaq -3.79%
(Updates number of U.S. infections, deaths)
|
|
Mar 27, 2020
Western Union Co, the world's
largest money transfer firm, said on Friday it is withdrawing
its full-year financial outlook amid the coronavirus pandemic.
|
|
Mar 27, 2020
* Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh
(Updates to market close, adds stimulus signed into law)
|
|
Mar 27, 2020
Nigeria has appealed to private
companies to make voluntary contributions towards the 120
billion naira ($330 million) the government says it needs to
fight the coronavirus epidemic.
|
|
Mar 27, 2020
U.S. President
Donald Trump on Friday invoked emergency powers to require
General Motors Co to build much-needed ventilators for
coronavirus patients after he accused the largest U.S. automaker
of "wasting time" during negotiations.
|
|
Mar 27, 2020
As U.S. demand for ventilators
skyrockets during the coronavirus pandemic, smaller medical
device makers are simplifying their designs and pushing other
work aside to make more of the devices.
|
|
Mar 27, 2020
-- Note: Reuters has not verified this story and does not
vouch for its accuracy
|
|
Mar 27, 2020
Wall Street stocks tumbled on Friday,
ending a massive three-day surge after doubts about the fate of
the U.S. economy resurfaced and the number of coronavirus cases
in the country climbed.
|
|
Mar 27, 2020
Microsoft Corp said on Friday
it was divesting its stake in Israeli facial recognition startup
AnyVision and that it was updating its policies so it no longer
would make minority investments in companies that sell the
controversial technology.
|
|
Mar 27, 2020
U.S. airlines expect to learn
the terms of federal aid meant to protect workers' payrolls in
the midst of a sharp downturn from the coronavirus in the next
five to 10 days, senior executives at United Airlines Holdings
Inc said on Friday.
|
|
Mar 27, 2020
-- Note: Reuters has not verified this story and does not
vouch for its accuracy
|
|
Mar 27, 2020
U.S. President Donald Trump
said on Friday that he expected thousands of urgently needed
ventilators will be produced as part of the United States'
response to the coronavirus pandemic.
|
|
Mar 27, 2020
Microsoft Corp said on Friday
a probe found that an Israeli facial recognition startup it
funded is not enabling a mass surveillance program in the West
Bank as reported by some media outlets.
|
|
Mar 27, 2020
-- Note: Reuters has not verified this story and does not
vouch for its accuracy
|
|
Mar 27, 2020
* Interactive graphics on oil market: https://reut.rs/39ieums
(Updates with settlement prices)
|
|
Mar 27, 2020
Bank of America Corp is better
positioned to focus on operations rather than financial risk
during the coronavirus outbreak, thanks to regulatory safeguards
put in place after the financial crisis in 2008, Chief Executive
Brian Moynihan said on Friday.
|
|
Mar 27, 2020
U.S. President
Donald Trump blasted General Motors Co and Ford Motor Co
on Friday, calling on the two U.S. automakers to quickly
build badly needed ventilators for COVID-19 patients and
suggesting he might invoke the Defense Production Act to force
the companies to move faster.
|
|
Mar 27, 2020
Chile's state-run Codelco
said on Friday output had dropped 5.3% in 2019, driving profits
down sharply as the world's top copper producer continues to
battle with rising costs and falling ore grades at its aging
deposits.
|
|
Mar 27, 2020
Brazil's central bank is
proposing a constitutional amendment allowing it to buy
government bonds and "public or private financial assets" to
help it manage the current economic crisis, according to a draft
document seen by Reuters on Friday.
|
|
Mar 27, 2020
Latin American
demand for refined products is rapidly drying up as the
coronavirus pandemic worsens, leaving U.S. refiners without
their main export destination.
|
|
Mar 27, 2020
Switzerland has begun tapping
its strategic stockpile of pharmaceuticals to cover rising
demand caused by the coronavirus epidemic, the government said
on Friday amid a "vigorous" rise in the country's death toll and
number of infections.
|
|
Mar 27, 2020
Toyota Motor Corp's North
American unit said on Friday it would produce face shields,
ventilators and respirators, as the death toll from the
coronavirus exceeds 1,200 in the United States.
|
|
Mar 27, 2020
Equinor will leave
industry the Independent Petroleum Association of America (IPAA)
lobby group over a disagreement on climate policy, the energy
producer said on Friday.
|
|
Mar 27, 2020
* Interactive graphics on oil market: https://reut.rs/39ieums
(New throughout, updates prices, market activity and comments;
new byline, changes dateline, previously LONDON)
|
|
Mar 27, 2020
Miner Vedanta Ltd said on
Friday Chief Executive Officer S Venkatakrishnan has resigned,
effective April 5, due to personal reasons.
|
|
Mar 27, 2020
Walmart de Mexico said on
Friday that foreign exchange fluctuations will make its
providers increase some of their prices, pointing to the
depreciation of the peso and other currencies during the
coronavirus crisis.
|
|
Mar 27, 2020
The head of the
International Monetary Fund on Friday underscored the importance
of strong containment measures to get control of the coronavirus
pandemic, and to lay the groundwork for a strong recovery in
2021.
|
|
Mar 27, 2020
Apple Inc and the White House
said on Friday that the iPhone maker worked with the Trump
administration and federal agencies to release an app and
website that will direct users to guidance from the Centers for
Disease Control on the disease caused by the coronavirus.
|
|
Mar 27, 2020
Apple Inc and the White House
said on Friday that the iPhone maker worked with the Trump
administration and federal agencies to release an app that will
direct users to guidance from the Centers for Disease Control on
the disease caused by the coronavirus.
|
|
Mar 27, 2020
* Indexes fall: Dow 2.64%, S&P 2.35%, Nasdaq 2.42%
(Updates to late morning, adds comment)
|
|
Mar 27, 2020
* Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh
(Updates prices, changes comment, byline, dateline; previous
LONDON)
|
|
Mar 27, 2020
Brazil's central bank will
ask Congress for a constitutional amendment allowing it to buy
debt directly to help ease market stress during the coronavirus
outbreak, bank chief Roberto Campos Neto said on Friday.
|
|
Mar 27, 2020
* Banks had wanted the rules to be watered down
(Adds more detail)
|
|
Mar 27, 2020
UK-based airline Virgin Atlantic will
ask the British government for a package of commercial loans and
guarantees worth hundreds of millions of pounds, the Financial
Times reported https://www.ft.com/content/c2d817d9-8a73-4bb8-89e7-e5ca67ed41d7
on Friday, citing people familiar with the matter.
|
|
Mar 27, 2020
London's second-busiest
airport, Gatwick, said on Friday it would shut one of its two
terminals next week following a collapse in flight numbers and
government restrictions on unnecessary trips.
|
|
Mar 27, 2020
A committee of the European health
regulator on Friday recommended approving Swiss drugmaker
Novartis AG's gene therapy Zolgensma for a muscle
wasting disease in babies and young children.
|
|
Mar 27, 2020
* Problems include curfew passes for delivery staff -sources
(Adds Amazon statement)
|
|
Mar 27, 2020
* Interactive graphics on oil market: https://reut.rs/39ieums
(Updates prices, adds Russian energy minister)
|
|
Mar 27, 2020
German 3D printing
specialist SLM Solutions, whose top shareholder is
activist fund Elliott, plans to raise 60 million euros
($66 million) in financing via a three-tranched convertible
bond, it said on Friday.
|
|
Mar 27, 2020
Canada's main stock index opened lower
for the first time in four sessions on Friday, as concerns over
the rapidly spreading coronavirus outweighed optimism around a
stimulus package.
|
|
Mar 27, 2020
Lufthansa has applied
for short-time work for around 31,000 crew and ground staff at
its core brand until the end of August, a spokesman said on
Friday, as Germany's flagship carrier has slashed flights due to
the coronavirus outbreak.
|
|
Mar 27, 2020
U.S. stock indexes fell sharply at the
open on Friday, following the S&P 500 and the Dow's best
three-day run in nearly a century, as fears about the economic
damage from the rapidly spreading coronavirus returned to the
forefront.
|
|
Mar 27, 2020
The Swiss death toll from the
coronavirus hit 197 people on Friday, the health ministry said,
up from 161 on Thursday, as the country makes drugs including
painkillers from strategic reserves available to cover growing
demand.
|
|
Mar 27, 2020
U.S. Treasury Secretary
Steve Mnuchin said on Friday that the coronavirus economic
stimulus bill before Congress is not an airline bailout and that
taxpayers will be compensated for relief given to companies
hobbled by the global pandemic.
|
|
Mar 27, 2020
Medical waste company
Stericycle and investment firm Saddle Point Management
reached a settlement that hands the firm, founded by a former
Pershing Square Capital Management partner, two board seats,
said two sources familiar the matter.
|
|
Mar 27, 2020
China hit out at what it
called "biased" reporting on Friday in a frosty response to a
request by three major U.S. newspapers to reverse the expulsion
of several of their China-based journalists.
|
|
Mar 27, 2020
* U.S. House to begin debate on $2 trillion aid bill at 9
a.m. ET
|
|
Mar 27, 2020
Cognizant Technology
Solutions Corp will pay an extra 25% of base pay to
some employees in India and the Philippines as a majority of its
offshore workforce work from home amid the coronavirus pandemic,
taking on extra work, Chief Executive Officer Brian Humphries
said.
|
|
Mar 27, 2020
* Issues include getting curfew passes for delivery
people-sources
(Adds Flipkart comment)
|
|
Mar 27, 2020
European stocks fell on Friday,
halting their biggest ever three-day rally in a sign investors
were focusing once more on the spread of the coronavirus
pandemic despite hopes for further stimulus measures to combat
its economic impact.
|
|
Mar 27, 2020
U.S. Treasury Secretary
Steve Mnuchin said on Friday that the coronavirus economic
stimulus bill set to soon pass the House of Representatives is
not an airline bailout and that taxpayers will need to be
compenstated for relief given to the companies badly hobbled by
the global pandemic.
|
|
Mar 27, 2020
Prime Minister Boris Johnson is
still able to work in an office and study at No. 11 Downing
Street, his spokesman said on Friday after the British leader
announced he had contracted coronavirus and had mild symptoms.
|
|
Mar 27, 2020
Pakistan has requested an
emergency loan disbursement from the International Monetary Fund
to help fight the coronavirus under the fund's Rapid Financing
Instrument program, IMF Managing Director Kristalina Georgieva
said on Friday.
|
|
Private Label