U.S. stock futures dip as coronavirus spread overshadows stimulus
U.S. stock futures stepped back in choppy early Asian trade on Wednesday as concerns about the widening coronavirus epidemic weighed against hopes policy support would...
California county says Tesla factory cannot operate normally in coronavirus shutdown
Tesla Inc cannot operate its main U.S. vehicle factory normally as the San Francisco Bay Area has begun a three-week lockdown to rein in the...
Fujifilm Holdings shares untraded on glut of orders after China says drug works against coronavirus – Kyodo
Shares in Japanese company Fujifilm Holdings Corp were untraded due to a glut of buy orders after Kyodo news agency reported on Wednesday that China...
Governments offer airlines aid as coronavirus drives deeper flight cuts
Australia on Wednesday joined a growing list of countries offering financial aid to its ailing aviation sector as global airlines announced deeper capacity cuts due...
Boeing calls for $60 billion lifeline for U.S. aerospace industry
Boeing Co on Tuesday called for a $60 billion lifeline for the struggling U.S. aerospace manufacturing industry, which faces huge losses from the coronavirus pandemic....
H&M closes all stores in biggest markets Germany and the United States
H&M is temporarily closing all its 460 stores in Germany, its number one market for sales, and all 590 in its second largest market the...
FedEx suspends 2020 profit outlook; coronavirus and turnaround pressure weigh
U.S. package delivery company FedEx Corp suspended its 2020 profit outlook on Tuesday, citing the “significant impact” of the coronavirus, and said it would cut...
UK’s Sainsbury’s to limit customer purchases, close cafes to get through coronavirus
British supermarket group Sainsbury’s is to restrict customer purchases to combat panic buying, close its in-store cafes and counters and beef-up online services to get...
Credit Suisse sharply cuts Mexico’s 2020 GDP, now sees economy shrinking by 4%
Credit Suisse sharply lowered its forecast for Mexico’s economic performance this year and now expects a 4.0% contraction, citing “significant downside risks,” according to a...
Fed moves to backstop funding for U.S. companies as coronavirus fallout spreads
The U.S. Federal Reserve moved Tuesday to ensure the flow of credit to U.S. companies, banks and even local governments amid a nationwide scramble for...