Asian markets set for more losses as coronavirus spreads
Stock futures plummeted on Monday as investors were rattled by weekend data from China that showed its fastest ever contraction in factory activity, raising fears of a global recession from the coronavirus.
U.S. stock futures resume coronavirus rout as trading resumes
U.S. stock index futures tumbled when trading reopened on Sunday night with investors still unnerved by coronavirus and taking little solace from weekend comments by U.S. officials that aimed to soothe panic about a pandemic.
American Airlines waives change fees as United braces for new flight cancellations
American Airlines Group Inc said on Sunday it was waiving change fees on all newly purchased tickets amid declining air travel demand because of the new coronavirus outbreak.
U.S. bank lobby economist predicts global rate cut coming … this Wednesday
Investors battered by the breathtaking drop in global stock markets on coronavirus fears are ever more convinced the world’s big central banks, including the Federal Reserve, will soon step in to try to quell the storm.
Canada and indigenous group reach tentative deal in dispute that led to road, rail blockades
Canadian authorities on Sunday reached a tentative deal with an indigenous group in the Pacific province of British Columbia that could end solidarity protests across Canada that have been blocking rail lines and roads for weeks.
Britain vows to drive hard bargain in U.S. trade talks
British Prime Minister Boris Johnson warned he would drive a hard bargain with the United States in upcoming trade talks as the government sets out its negotiating position on Monday.
United Airlines CEO says it ‘likely’ it will need to cut additional flights
United Airlines Chief Executive Oscar Munoz told employees the U.S. airline would likely need to cut additional flights in the wake of sagging demand because of the coronavirus outbreak, the airline confirmed on Sunday.
CERAWeek energy conference in Houston scrapped over coronavirus worries
Coronavirus concerns prompted organizers on Sunday to cancel one of the world’s most prestigious gatherings of oil ministers and top executives from the energy and financial industries scheduled for this month in Houston.
U.S. officials talk down coronavirus market panic, tout economic strength
Senior officials in President Donald Trump’s administration on Sunday tried to calm market panic that the coronavirus could cause a global recession, saying the U.S. public had over-reacted and that stocks would rebound due to the American economy’s un…
Exclusive: Norway wealth fund could blacklist four major climate culprits
Norway’s $1 trillion wealth fund will exclude four companies for their vast emissions of greenhouse gases, or at least put them on probation to force them to change, the chairman of its ethics watchdog told Reuters.
