March 6, 2020

Stocks battered by Treasury rally as virus sparks shake out

Asian shares and U.S. stock futures tumbled on Friday as disruptions to business from the coronavirus worsened, stoking fears of a prolonged global economic slowdown. Powered […]
March 6, 2020

Cathay Pacific to close Vancouver cabin crew base, cutting 147 roles

Hong Kong’s Cathay Pacific Airways Ltd said on Friday it was closing its Vancouver cabin crew base, laying off 147 crew members, as part of an […]
March 6, 2020

U.S. employment report expected to show strength before coronavirus spread

U.S. job growth likely slowed in February, but the pace probably remained consistent with a healthy labor market despite the coronavirus outbreak, which stoked financial market […]
March 6, 2020

JPMorgan CEO Jamie Dimon recovering after emergency heart surgery

JPMorgan Chase & Co CEO and Chairman Jamie Dimon is recovering from emergency heart surgery done on Thursday morning, with two deputies taking over as he […]
March 6, 2020

Oil slips amid demand concern, fears over OPEC+ deal for deeper output cuts

Oil slid on Friday as worries about demand for fuel being sapped by the global coronavirus outbreak were heightened by concern over non-OPEC crude producers not […]
March 6, 2020

Stocks suffer, Treasury yields plumb new depths as virus spreads

Asian shares and U.S. stock futures fell on Friday following another Wall Street rout as disruptions to global business from the coronavirus beyond China worsened, stoking […]
March 6, 2020

JPMorgan CEO Jamie Dimon undergoes emergency heart surgery

JPMorgan Chase & Co Chief Executive Jamie Dimon is recovering from emergency heart surgery that took place on Thursday morning, with two deputies taking over as […]
March 6, 2020

Airlines suspend flights due to coronavirus outbreak

Airlines have been suspending flights or modifying services in response to the coronavirus outbreak. Powered by WPeMatico
March 6, 2020

Trump says U.S. economy could take hit from coronavirus

President Donald Trump said on Thursday the U.S. economy might take a hit from the coronavirus outbreak but predicted the challenge would eventually pass and defended […]
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