New Roche coronavirus test wins emergency U.S. approval
The U.S. Food and Drug Administration (FDA) issued emergency authorization for a faster coronavirus test made by Swiss diagnostics maker Roche , a move aimed at boosting screening capacity to help contain the growing epidemic.
U.S. companies draw on credit lines, fearing they may lose them
Banks have hundreds of billions of dollars in credit lines extended to corporate America. Some companies are no longer banking on them.
After miracle recovery, Fukushima brewers look to the Games to push sake globally
The earth in Fukushima still trembled when Yoshihiro Miyamori drove in the dark towards his sake brewery. When he got back after midnight, he found smashed sake bottles and a crack in the wall of the building. It was March 11, 2011.
What you need to know about the coronavirus today
Here’s what you need to know about the coronavirus epidemic today:
Oil rises over 3% but set for biggest weekly thumping since 2008
Oil prices were set for their worst weekly drubbing since the 2008 financial crisis, despite rising over 3% on Friday, as investors fretted over evaporating demand from the coronavirus pandemic and a production ramp-up by top producers.
Buffett-backed Chinese EV maker BYD says making 5 million masks daily to fight virus
Chinese electric vehicle maker BYD said on Friday it is making 5 million masks a day to fight the coronavirus pandemic that has killed nearly 3,200 people in China.
Policymakers ramp up support as coronavirus fears shred markets
Governments and central banks readied more emergency measures to tackle the economic impact of the coronavirus on Friday, helping financial markets pare some of their steep losses, while more major events were canceled or postponed.
Stimulus hopes pull stocks back from abyss
Stocks plunged on Friday with coronavirus panic selling hitting nearly every asset class, before finding some kind of floor as hopes turned to a U.S. stimulus package.
Factbox: Global sports events hit by coronavirus pandemic
Major sports events around the world that have been hit by the coronavirus outbreak:
Canada’s Trudeau to be in isolation after wife tests positive for coronavirus
Canadian Prime Minister Justin Trudeau will be in isolation for two weeks after his wife, Sophie, tested positive for coronavirus on Thursday, and the outbreak prompted the province of Ontario to shutter schools to limit the spread.
