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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.
Read MoreDisney 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.
Read MoreAirline 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.
Read MoreIndia 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.
Read MoreJP 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.
Read MoreTrump 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.
Read MoreADB 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.
Read MoreAAPA 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.
Read MoreVW 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.
Read MoreBank 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.
Read MoreCoronavirus 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.
Read MoreCathay 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.
Read MoreCoronavirus 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.
Read MoreFinancial 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.
Read MoreBusiness 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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