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Latest Articles in Coronavirus Scare

Google Employee In Bengaluru Diagnosed With Coronavirus

The total number of confirmed coronavirus positive cases in Karnataka is six, including the Google employee, and the 76-year old man from Kalaburagi who passed away.

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Disney Shutting Theme Parks In California, Florida Over Coronavirus

The company estimated in February that the shutdowns of Shanghai Disney Resort and Hong Kong Disneyland alone would cost $175 million if both remained closed for two months.

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Airline Stocks Plunge As US Puts Europe In Coronavirus Quarantine

Air France-KLM shares were down 15%, with Lufthansa and British Airways parent IAG almost 11% lower as of 0833 GMT.

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India Faces Revenue Fall As Coronavirus Bites Economy

The company's share prices have fallen by over 27% since January while the broader NSE Nifty 50 index has fallen by nearly 20% following a panic in global markets.

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JP Morgan Abandons Boeing Buy Call After Three Years

Boeing shares fell 18% on Wednesday and are down 58% since the second of two fatal MAX crashes last March.

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Trump Unveils Plans To Stem Coronavirus Spread And Economic Impact

The United States will suspend all travel from Europe to the United States for 30 days starting on Friday, Trump said, adding there will be exemptions for Americans who have undergone screenings.

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ADB To Provide $200 Million To Support Strained Supply Chains In Fight Against COVID-19

The funds will be made available through ADB's supply chain finance programme and provided to selected companies within weeks.

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AAPA Calls For Review Of COVID-19 Travel Bans

The airline industry is fully committed to the safety and well-being of the travelling public, said AAPA Director General Andrew Herdman.

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VW Considers Temporary Layoffs In Spain If Coronavirus Disrupts Supply

The deal with the two main unions - which has yet to be signed - agrees on a potential temporary layoff of a number of workers at any time in 2020.

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Bank Of England Slashes Interest Rates To Record Low In Coronavirus Emergency Move

The Bank of England's decision to slash its interest rate by half a percentage point to 0.25% is in line with to help keep firms in business and people in jobs.

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Coronavirus Cases In Italy Jump To Over 8,500, Death Toll At 631

The airline's last flight to Rome is scheduled to take off from Toronto on Tuesday, with the final return flight departing Rome for Montreal on Wednesday.

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Cathay Pacific Warns Of H1 Loss From 'Unprecedented' Virus Challenge

Cathay Pacific has been through challenging times before, but the scale that we are facing in the current situation really is an unprecedented challenge.

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Coronavirus To Rob Business Travel Sector Off $820 Billion: GBTA

China has seen a 95 per cent drop in business travel since the outbreak, is expected to lose 404 billion dollars in revenue from corporate travel followed by 190.5 billion dollars in loss for Europe.

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Financial Firms Around The World Ramp Up Contingency Plans As Coronavirus Hits

Morgan Stanley also confirmed that an employee at its Purchase, New York, campus, roughly 45-minutes north of Manhattan, tested positive for the virus.

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Business Travel Sector To Lose $820 Billion In Revenue On Coronavirus Hit

China, which has seen a 95% drop in business travel since the outbreak, is expected to lose $404.1 billion in revenue from corporate travel, followed by $190.5 billion in loss for Europe.

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