March 17, 2020

U.S. retail sales fall broadly in February

U.S. retail sales fell by the most in more than a year in February and the coronavirus outbreak is expected to depress sales in the months […]
March 17, 2020

Global stocks shaky after worst crash since ‘Black Monday’

World share markets and oil prices struggled to shake off their coronavirus fears on Tuesday after Wall Street’s worst rout since the Black Monday crash of […]
March 17, 2020

Senate weighs emergency coronavirus pandemic funds; Trump seeks $850 billion more

The U.S. Senate on Tuesday prepared to weigh a multibillion-dollar emergency spending bill passed by the House of Representatives offering economic relief from the coronavirus pandemic […]
March 17, 2020

China’s JD.com to buy back $2 billion shares amid coronavirus fears

China’s e-commerce company JD.com Inc said on Tuesday it would buy back up to $2 billion of its shares as the coronavirus outbreak grows bigger. Powered […]
March 17, 2020

Oil falls to $30 on recession fears and Saudi pump war

Oil fell below $30 a barrel on Tuesday, trading close to its lowest in more than four years, as the coronavirus pandemic hit demand and Saudi […]
March 17, 2020

Glencore charters world largest tanker to store crude at sea: sources

Trading house Glencore has chartered the 3 million barrel crude carrier ‘Europe’ to store oil at sea for at least 6 months, trading sources on Tuesday. […]
March 17, 2020

Singapore Airlines to cut capacity further as coronavirus weighs

Singapore Airlines on Tuesday said it would cut capacity further as border controls are enforced across the world in a bid to curb the spread of […]
March 17, 2020

Russian airlines could lose $1.4 billion due to coronavirus: Ifax cites aviation agency

Russia’s airlines could lose 100 billion roubles ($1.4 billion) due to the coronavirus outbreak and risk going bankrupt, the head of Russia’s Federal Air Transport Agency, […]
March 17, 2020

Abu Dhabi’s Etihad adds cargo flights as coronavirus batters passenger demand

Abu Dhabi’s Etihad Airways said on Tuesday it was expanding its cargo network to markets where passenger operations have decreased due to the coronavirus epidemic. Powered […]
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