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Canada's main stock index futures tumbled on Thursday as oil prices plunged following travel restrictions imposed by U.S. President Donald Trump in an attempt to stop the spread of the coronavirus after the World Health Organization called the outbreak a pandemic.
Indian hotels and travel operators said on Thursday their industry would be hurt by the government's decision not to issue visas for visitors in order to combat the spread of coronavirus.
Weary and confused travellers, many wearing face masks, rushed to board flights from European airports to the United States on Thursday after U.S. President Donald Trump announced sweeping travel restrictions to curb the spread of coronavirus.
Businessmen in the Nigerian city of Lagos typically broker deals over cognac or champagne. But, on a sunny afternoon in the city's upmarket Victoria Island business district, a clutch of men celebrated with steaming coffee that cost 35,000 naira ($114) for a three-cup brew.
The American exchange operator ICE has closed one of its London offices after a confirmed case of coronavirus, the commodity exchange said on Thursday in a statement. Business units with a presence in the affected building will be supported from other locations.
After importing medical supplies to Lebanon for 20 years, Hassan Hamdan shut his business in December. Sales were plummeting, clients couldn't pay, and the dollars he needed to buy imports had dried up. Now he drives an Uber.
South Africa reported the first case of local transmission of the coronavirus on Thursday, fuelling concerns that sub-Saharan African health systems could be overwhelmed if local transmission accelerates.
JP Morgan analysts have given up on their long-term "overweight" call on Boeing Co shares, cutting their price target for the company by $160 to just $210 dollars in a note to clients on Thursday.
Indian airline share prices tumbled on Thursday after the government moved to restrict travel into the country in an effort to stem the spread of coronavirus, prompting massive ticket discounting in an already slumping air travel market.
The India government has ordered upcoming international cricket matches to be played in empty stadiums, as travel operators warned of an unprecedented impact of a blanket visa ban by the government to combat the spread of coronavirus.
Saudi Arabia has extended flight and travel bans over coronavirus fears to include the European Union and 12 other countries after announcing 24 new cases overnight to bring its total to 45, state media reported on Thursday.
The Dubai and Abu Dhabi indices opened sharply lower on Thursday, while trading in Kuwait was suspended for the day after the country declared a public holiday to stem the spread of the coronavirus outbreak.
Japan's Kurabo Industries Ltd said on Thursday it would start selling a coronavirus test kit that would give results in 15 minutes, sending its shares 23% higher to a daily-limit high.
The new U.S. ban on foreign citizens entering the country if they have been in Europe in recent weeks will heap more pressure on airlines already reeling from the coronavirus pandemic, analysts said, hitting European carriers the hardest.
The new U.S. ban on foreign citizens entering the country if they have travelled to Europe in recent weeks will heap more pressure on airlines already reeling from the coronavirus pandemic, hitting European carriers the hardest, analysts said.
China's aviation regulator said on Thursday that the total number of airline passengers in February fell 84.5% year-on-year to 8.34 million, underscoring the impact of the coronavirus outbreak on carriers operating in the world's No. 2 economy.
Under pressure to act, President Donald Trump on Wednesday suspended all travel from Europe to the United States for 30 days starting on Friday in order to fight the coronavirus.
U.S. President Donald Trump announced on Wednesday the United States will suspend all travel from Europe to the United States for 30 days starting on Friday in order to fight the coronavirus.
Australia announced an A$17.63 billion ($11.41 billion) economic stimulus plan on Thursday that includes wage subsidies and cash payments for small businesses, to counter the impact of the coronavirus.