Canada is looking to soften the blow of the new coronavirus outbreak on airlines as part of Prime Minister Justin Trudeau's efforts to support the economy as the disease spreads, a senior official said on Tuesday.
Leading U.S. airlines on Tuesday ditched 2020 forecasts and unveiled more sweeping capacity cuts and cost-saving measures in response to the spreading coronavirus, while United Airlines warned of a deep hit to the sector.
U.S. President Donald Trump said he will ask Congress for a payroll tax cut and other "very major" stimulus moves on Tuesday to ease the economic pain of the coronavirus, but the details remain unclear.
There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on November 12, Arconic Inc's Director, James F. Albaugh, invested $147,523.00 into 5,000 shares of ARNC, for a cost per share of $29.5
In trading on Tuesday, shares of Hecla Mining Co (Symbol: HL) entered into oversold territory, changing hands as low as $2.15 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
U.S. President Donald Trump said he will ask Congress for a payroll tax cut and other "very major" stimulus moves on Tuesday to ease the economic pain of the coronavirus, but the details remain unclear.
Canada is looking to soften the blow of the new coronavirus outbreak on airlines as part of Prime Minister Justin Trudeau's efforts to support the economy as the disease spreads, a senior official said on Tuesday.
Democratic Republic of Congo confirmed its first case of coronavirus on Tuesday, bringing the number of countries in sub-Saharan Africa hit by the epidemic to seven.
Bereaved families who lost loved ones aboard Ethiopian Airlines Flight 302 converged on the crash site on Tuesday to mark the first anniversary of the tragedy, a day after an interim report focused on software installed on the Boeing 737 MAX jet.
London Metal Exchange (LME) copper tumbled to a three-year low of $5,433 per tonne on Monday. This was hardly surprising given the turmoil unfolding in the broader financial universe. "Doctor Copper" is the most financialised of the LME industrial metals.
Ryanair on Tuesday said it will cancel almost all of its flights to and from Italy for the next month, forcing it to cut its full year passenger forecast to end-March by 3 million.
China's HNA Group will work to increase cashflow and resolve liquidity difficulties as business operations resume, its newly appointed executive chairman said on Tuesday as the firm battles with the fallout from the coronavirus outbreak.
Many Chinese farmers are shopping online for vital supplies as the spring planting season gets under way and the coronavirus outbreak disrupts traditional supply chains, providing a huge boost to business for e-commerce platforms.
The families of passengers and crew aboard Ethiopian Airlines Flight 302 will mark the first anniversary of the crash on Tuesday, a day after an interim report focused on software installed on the Boeing 737 MAX airliner.
The union that represents thousands of Boeing Co employees said late on Monday that a four-year contract extension offer was ratified by engineers but rejected by technical workers.
Clothing retailer French Connection reported a full-year loss on Tuesday, citing difficult trading conditions on UK's high streets and said it would continue to hold back paying dividends this year.
Spain's Santander on Tuesday said it would encourage shareholders to participate remotely during its annual general meeting (AGM) in the city of Santander on April 3 as a precautionary measure against the spread of coronvarius.
Chinese shares closed higher on Tuesday as new coronavirus cases in the mainland tumbled and as President Xi Jinping's visit to the virus' epicentre lifted sentiment, while weak data raised hopes for more policy measures to support the economy.
Reuters
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