Asia shares suffer virus chills, central banks offer cold comfort
- Asian shares slipped on Monday and oil prices took another tumble as fears mounted that the global shutdown for the coronavirus could last for months, doing untold harm to economies despite central banks' best efforts.
Mon, 30 Mar 2020 00:46:15 -0400
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Major airlines urge U.S. Treasury to disburse assistance quickly
- Major U.S. airlines asked the U.S. Treasury to move quickly to release up to $58 billion in government grants and loans and recommended a formula to divide up the money.
Sun, 29 Mar 2020 23:30:46 -0400
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Trump's attack on GM over ventilators quickly turns to praise
- President Donald Trump, who excoriated General Motors Co on Friday and invoked emergency powers to compel the production of badly needed ventilators to tackle the coronavirus pandemic, has abruptly shifted gears to praise the automaker.
Sun, 29 Mar 2020 23:23:51 -0400
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Toyota says most Europe plants won't restart until April 20 at earliest
- Toyota Motor Corp said on Monday that it would extend a suspension at all of its factories in Europe with the exception of Russia until further notice, with a restart expected no earlier than April 20.
Sun, 29 Mar 2020 22:01:30 -0400
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From quills to qwerty: Lloyd's underwriters adapt to home working
- Thousands of London's underwriters took their stamps and fountain pens home last week, which they use to sign insurance contracts, but they won't need them.
Sun, 29 Mar 2020 15:39:09 -0400
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Coronavirus worries and strife: Investors fear markets not out of woods despite big rally
- After a brutal meltdown, some investors have been wading back into U.S. stocks. But others are wary of another leg down as the coronavirus spreads and its economic impact is difficult to predict.
Sun, 29 Mar 2020 15:23:11 -0400
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Graphic: Three months that shook global markets
- How much damage has the coronavirus and the oil price collapse inflicted on global financial markets this year? Put simply, it has probably been the most destructive sell-off since the Great Depression.
Sun, 29 Mar 2020 14:17:03 -0400
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Governments, central banks must boost efforts to help economies cope with crisis: BIS chief
- Governments and central banks need to step up efforts urgently to support their economies in the face of the coronavirus crisis, the head of the Bank for International Settlements said on Sunday.
Sun, 29 Mar 2020 09:16:30 -0400
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Chanel turns its workshops to making face masks as coronavirus spreads
- Luxury fashion group Chanel said on Sunday it would launch production of face masks to help bolster supplies in France, as the coronavirus sweeps across the country.
Sun, 29 Mar 2020 09:05:17 -0400
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Exclusive: Qatar Airways says it will need state support as cash runs out
- Qatar Airways will have to seek government support eventually, Chief Executive Akbar al-Baker told Reuters on Sunday, warning that the Middle East carrier could soon run out of the cash needed to continue flying.
Sun, 29 Mar 2020 06:59:57 -0400
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