Factbox: Latest on the spread of coronavirus around the world
The number of people infected with coronavirus approached 102,000 across the world as the outbreak reached more countries and caused more economic damage.
BofA starts asking clients for contingency plans during underwriting assessment process
Bank of America Corp is asking clients about their coronavirus contingency plans as part of its evaluation process of which deals to underwrite, according to sources.
White House considers tax relief for airlines, travel firms amid coronavirus
The Trump administration is weighing tax relief for airline, cruise and travel industries to help such companies cope with a growing coronavirus outbreak that has dried up bookings, a source familiar with the plan said on Friday.
Standard U.S. economic weapons may be inadequate for coronavirus crisis
As the risks of the coronavirus outbreak continue to rise, U.S. officials are wrestling with what to do in the worst-case economic scenarios, if large numbers of people can’t go to work, are told to stay home, or stop going out in public entirely.
Mastercard shuts Sao Paulo office, NY site after employee diagnosed with coronavirus
Mastercard Inc closed its office in Sao Paulo and an annex location near its headquarters in New York after an employee was diagnosed with coronavirus.
Saudi Arabia suspends public attendance at sports events until further notice
The Saudi ministry of sports announced on Friday it will suspend public attendance at all sports events starting Saturday, a statement from the ministry reported.
Colombia has confirmed first case of coronavirus: health ministry
Colombia confirmed its first case of coronavirus on Friday, joining other South American countries already reporting cases of the fast-spreading disease.
Austria introducing ‘spot’ health checks at Italian border
Austria is introducing “spot” health checks at its border with Italy for two weeks as of next week in response to the coronavirus outbreak, in which Italy is the hardest-hit country in Europe, Chancellor Sebastian Kurz said on Friday.
Canada’s tourism industry ‘deeply affected’ by virus outbreak: minister
The outbreak of the new coronavirus is hammering Canada’s tourism industry, a senior government official said on Friday, as the number of visitors from China plummeted and after the cancellation of a major technology convention.
Oil slammed as investors flee after Russia rejects steep OPEC cut
Brent suffered its biggest one-day loss in more than 11 years on Friday after Russia balked at OPEC’s proposed steep production cuts to stabilize prices as the coronavirus outbreak slows the global economy and hurts energy demand.
