Australia's largest self-storage operator, National Storage REIT, said on Wednesday that Public Storage decided not to pursue a takeover offer of $1.25 billion, because of market conditions caused by the coronavirus outbreak.
South Africa's central bank will cut interest rates by 50 basis points on Thursday, more than expected a week ago, following aggressive moves by other major central banks trying to mitigate damage from the coronavirus outbreak, a Reuters poll forecast.
China's yuan weakened on Wednesday as strong global demand for U.S. dollars boosted the greenback, and after the People's Bank of China (PBOC) guided the currency lower through its daily fixing.
The dollar edged down on Wednesday amid signs central bank measures were beginning to ease some of the funding squeeze, although it retained most of its whopping overnight gains on mounting fears about the fallout from the coronavirus crisis.
Packed onto a plane full of fellow Chinese students heading home from the United States, 20-year-old Harvard University undergraduate Roger Zhang wore goggles to ward off the coronavirus for hours until they became just too uncomfortable.
(RTTNews) - Canadian cannabis company Canopy Growth Corp. (CGC, WEED.TO) said Tuesday that it has decided to temporarily close all corporate-owned Tokyo Smoke and Tweed retail locations across Canada due to the COVID-19 outbreak. The company will move all its sales online.
With New York city poised to follow San Francisco with a "shelter in place" order over fears of the coronavirus spreading, anxiety is rising inside major U.S. banks about differing work-from-home policies.
The Turkish lira weakened slightly against the dollar on Wednesday, after having hit its weakest since September 2018 the previous day, sapped by concerns about the spread of a coronavirus.
Canada and the United States will announce a deal to partially close their borders on Wednesday, which will allow trade and commerce to go on, the Globe and Mail reported, citing sources.
(RTTNews) - Asia-focused lender HSBC Holdings Plc (HSBC, HSBA.L) announced Wednesday the appointment of Noel Quinn as Group Chief Executive Officer, effective immediately.
(RTTNews) - Indian shares gave up early gains to turn lower on Wednesday as coronavirus worries and rising capital outflows offset expectations for further stimulus measures by major central banks.
Canada and the United States will announce a deal to partially close their borders on Wednesday, which will allow trade and commerce to go on, the Globe and Mail reported https://www.theglobeandmail.com/canada/article-canada-us-to-close-border-to-non-essential-travel on Tuesday, citing sources.
Gold edged higher on Wednesday as additional stimulus from the United States eased some concerns over the economic impact of the coronavirus and halted a trend of selling precious metals for cash, although a strong dollar capped gains.
U.S. stock futures and several Asian shares fell in choppy trade on Wednesday, as worries about the coronavirus pandemic eclipsed hopes broad policy support would combat the economic fallout of the outbreak.
(RTTNews) - Asian stock markets are mostly higher on Wednesday following the overnight rally on Wall Street on news that the Trump administration is considering a fiscal stimulus package that could exceed $1 trillion to combat the economic impact of the COVID-19 pandemic.
Taiwan will ban entry to the island for most foreigners as part of coronavirus prevention measures, excluding foreign resident permit holders and diplomats, the government said on Wednesday, as it battles a rise in imported cases.
(RTTNews) - Quidel Corp. (QDEL) said that it has received Emergency Use Authorization from the U.S. Food and Drug Administration to market its Lyra SARS-CoV-2 Assay.
Roadblocks across Venezuela snarled the transportation of goods on Tuesday and businesses in the capital Caracas reported that food deliveries failed to arrive, in signs that a national coronavirus quarantine could worsen a humanitarian crisis.
(RTTNews) - United Airlines announced a 60 percent schedule reduction in April - this includes a 42 percent reduction across the U.S. and Canada and an 85 percent decrease in international flights. The move is due to a continued drop in travel demand as a result of the coronavir
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