(RTTNews) - The novel coronavirus that originated in the city of Wuhan in China last December, has spread to almost all the countries, affecting millions. As of this writing, the number of confirmed cases is 1,274,346 and the death toll is 69,480.
Dollar borrowing costs in the foreign exchange swap markets retreated further on Monday, with swap rates against the euro and pound falling to their lowest levels in more than a decade.
Cricketers who have interests beyond the sport are likely to cope better with the shutdown forced by the COVID-19 pandemic, said mental conditioning coach Paddy Upton.
South Africa's rand weakened early on Monday, sliding to a record low, after the ratings agency Fitch cut the country's credit rating on Friday for the second time in a week, pushing it further into sub-investment territory.
(RTTNews) - Instrumentation and controls company Spectris plc (SEPJF.PK, SXS.L) Monday said it expects first-quarter like-for-like Group sales to be down 10 percent, impacted by coronavirus or COVID-19 crisis.
Copper miner Antofagasta said on Monday it has suspended its Los Pelambres Expansion project in Chile for about 120 days due to the coronavirus crisis in the South American country.
European shares rebounded on Monday as a slowdown in coronavirus deaths in France and Italy raised hopes that sweeping lockdowns were starting to show results.
Singapore announced S$5.1 billion ($3.55 billion) in additional economic spending such as wage support, waiver of levies and one-off payments to combat the coronavirus pandemic.
(RTTNews) - Indian markets remain shut today on account of Mahavir Jayanti. There will be no trading activity in the forex and commodity markets as well.
Oil prices skidded on Monday after Saudi-Russian negotiations to cut output were delayed, keeping oversupply concerns alive, while stocks jumped as investors were encouraged by a slowdown in coronavirus-related deaths and new cases.
What happened
Uber (NYSE: UBER) shares fell 16.7% in March as the coronavirus outbreak caused people around the world to reduce the number of trips they make. The company relies on physical services to generate revenue, and many such businesses are seeing dramatic drops in tra
What happened
Shares of Alaska Air Group (NYSE: ALK) fell 43.6% in March, according to data from S&P Global Market Intelligence, as the airline was caught up in a broader sell-off in the airline sector. The COVID-19 coronavirus pandemic is hitting the sector particularly ha
What happened
Reversing course from their 55% climb through February, shares of Enphase Energy (NASDAQ: ENPH) sank 34% in March, according to data from S&P Global Market Intelligence. While the overall sense of foreboding that contributed to the S&P 500's 12.5% decline
Gilead Sciences (NASDAQ: GILD) has made remdesivir, its Ebola-turned-COVID-19 drug, available to more than 1,700 patients through compassionate-use and expanded-access programs, according to an update from Gilead's chairman and CEO, Daniel O'Day, that was posted on the company's
Gold prices edged up on Monday as demand for the safe-haven metal rose due to worries over the economic impact from the coronavirus pandemic, but gains were capped by a firm dollar and stronger equities.
(RTTNews) - Chubb said Sunday that it is committing $10 million to pandemic relief efforts globally. Meanwhile, the company will not conduct any layoffs of its employees while in the midst of the COVID-19 pandemic health crisis.
Carnival Corp's troubled Ruby Princess cruise liner, the biggest single source of coronavirus infections in Australia, docked south of Sydney on Monday to get help for sick crew members requiring urgent medical treatment.
HONG KONG (Reuters Breakingviews) - China may be hoping an illusion of economic recovery will inspire the real thing. Local officials and state media are portraying a China hurrying back to work. That’s understandable: reassuring consumers is critical to supporting dom
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