March 12, 2020

U.S. clampdown on European travel heaps new coronavirus woes on airlines

A clampdown on European travel to the United States will heap more pressure on airlines already reeling from the coronavirus pandemic, analysts said, raising the odds […]
March 12, 2020

Silver lining for some: virus shutdown boosts China non-life insurers

Chinese non-life insurers are discovering a silver lining to the cloud spreading over China’s economic performance from the coronavirus outbreak – a sharp drop in car […]
March 12, 2020

European airline stocks in tailspin after Trump travel ban

European airline stocks plunged as much as 20% on Thursday after U.S. President Donald Trump said he would restrict travel from Europe to the United States […]
March 12, 2020

Cineworld could breach debt terms in worst case virus scenario

British cinema operator Cineworld said on Thursday it could breach the terms of its existing debt arrangements under a worst case scenario for the impact of […]
March 12, 2020

China automakers seek government relief after Feb sales dive 79% on coronavirus

Automakers in China are calling on the government to help after industry-wide sales plunged 79% in February to mark their biggest ever monthly decline, with demand […]
March 12, 2020

Corporate credit risk heightens as coronavirus impact spreads

Investor worries about corporate credit are heating up as the coronavirus spreads, with the prices of bond funds taking a hit, companies starting to draw on […]
March 12, 2020

Sell signal: Trump’s shallow virus plan blows floor out of markets

All global investors got from U.S. President Donald Trump’s coronavirus package were a shock travel ban on Europe and a flashing signal to sell, and none […]
March 12, 2020

Rio Tinto to pay ex-CEO’s deferred bonus with interest

Rio Tinto Ltd will pay out part of a delayed bonus to former Chief Executive Sam Walsh after a dispute resolution process found that the payments […]
March 12, 2020

BOJ watching developments, ready to respond further: Kuroda

Bank of Japan Governor Haruhiko Kuroda said on Thursday that the central bank was dealing with the coronavirus’s impact on the economy and that he was […]
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