Iraq places France and Spain on virus entry ban list: Foreign Ministry
Iraq banned travelers coming from France and Spain from entering the country, the Foreign Ministry said on Friday, bringing the total number of countries on its entry ban list to 11 as it tries to stem the spread of coronavirus.
Coronavirus cases in New York state increases to 33, governor says
The number of people in New York state who have tested positive for the coronavirus has increased by 11 to 33, governor Andrew Cuomo said on Friday.
Coronavirus impact is overwhelming, Spain’s hotels association says
Hotel bookings have fallen by as much as 40% in some areas of Spain, the country’s hotel federation said and flagged an overwhelming impact for the eurozone’s fourth largest economy as anxiety about the coronavirus outbreak takes hold.
Investors flee Wall Street, seek shelter in bonds
U.S. stock indexes tumbled on Friday as fears of economic damage intensified with the global tally of coronavirus cases crossing 100,000, sending investors scurrying to the safety of bonds.
U.S. job growth robust before coronavirus outbreak hit shores
U.S. employers maintained a robust pace of hiring in February, giving the economy a strong boost heading into the coronavirus outbreak, which has stoked fears of a recession and prompted an emergency interest rate cut from the Federal Reserve.
Mastercard shuts Sao Paulo office, N.Y. site after worker infection: Bloomberg News
Mastercard Inc closed its office in Sao Paulo and an annex location near its headquarters in New York after an employee contracted coronavirus, Bloomberg news reported on Friday, citing a statement from the payment processor.
U.S. House panel faults FAA review of Boeing 737 MAX, plane design failures
A U.S. House investigative report into two fatal Lion Air and Ethiopian Airlines crashes on a Boeing 737 MAX faulted the Federal Aviation Administration’s (FAA) approval of the plane and Boeing’s “design failures.”
Morgan Stanley shifts staff to London Heathrow site to counter virus: sources
Morgan Stanley is shifting part of its London-based sales and trading staff to a secondary site near Heathrow airport to ensure its trading desks can operate smoothly through the coronavirus outbreak, two sources familiar with the matter said.
JPMorgan CEO Dimon ‘feels really good’ after emergency surgery: source
JPMorgan Chase & Co Chief Executive and Chairman Jamie Dimon has spoken to senior colleagues and “feels really good” after undergoing heart surgery, a source familiar with the matter told Reuters.
Rear-view mirror: U.S. hiring boomed in February but coronavirus risks job cuts in future
A Florida toymaker plans layoffs. A Wisconsin construction gear manufacturer has frozen hiring. And a California cosmetics company has idled some production, leaving 20 temporary workers with no paycheck.
