Wall Street's main indices are down after opening on Monday for the first ever all-electronic trading session, which is aimed at protecting New York Stock Exchange employees from the coronavirus. Both the Dow Jones Industrial Average and the S&P 500 were down around four percent as of 16:00 GMT. The Nasdaq Composite, an index comprised...
Japan called on Group of 20 finance leaders to take timely policy steps to tackle global economic risks posed by the coronavirus outbreak, the finance minister Taro Aso said on Monday. The minister said after a conference call with his G20 counterparts that the nature of the crisis was different from the collapse of Lehman...
Taoiseach Leo Varadkar has played down the idea of a coronavirus lockdown and said Ireland is following the South Korea model of social distancing, social isolation and contact tracing.
The hunt for masks, ventilators and other medical supplies consumed the U.S. and Europe on Monday, as new coronavirus infections soared and political paralysis stalled efforts for a quick aid … Click to Continue »
Heavy debt and the loss of business due to the coronavirus lockdown now threatens to cause a wave of widespread bankruptcies across the Asia-Pacific region, according to rating agency Moody's. The volume of outstanding corporate debt issued by companies across the region has doubled since the 2008 financial crisis to $32 trillion as of last...
Woody Allen's memoir, dropped by its original publisher after widespread criticism, has found a new home. The 400-page book, still called “Apropos of Nothing,” was released Monday by Arcade Publishing. … Click to Continue »
A surge in infections has caused a critical shortage of medical supplies in many places. The hunt for ventilators and other critical items is consuming Europe and the U.S. Deaths … Click to Continue »