JPMorgan restricts global travel to protect against virus: Bloomberg News
JPMorgan Chase & Co has issued global restrictions on non-essential travel to protect its employees and business from the coronavirus epidemic, Bloomberg News https://bloom.bg/2vnxhyW reported late on Thursday.
Malaysia’s AirAsia X defers A330neo deliveries as coronavirus crimps demand
Malaysian long-haul budget airline AirAsia X Bhd said it will defer delivery of 78 Airbus SE A330neo planes and consider other changes to reduce its fleet as the coronavirus dents demand.
Public Storage only bidder left for National Storage with $1.25 billion bid
U.S.-based Public Storage emerged on Friday as the likely buyer of Australia’s largest self-storage operator National Storage REIT with its current A$1.89 billion ($1.25 billion) offer, after two rivals dropped out of the race.
Japan’s January factory output beats forecasts but slowdown expected
Japan’s factory output rose more than expected in January, providing some relief for policymakers amid heightened risks of a recession as the coronavirus outbreak in China disrupts supply chains and business activity.
World stocks set for worst week since 2008 as virus stokes recession fears
World share markets were headed for the worst week since the depths of the 2008 financial crisis as investors ditched risky assets on fears the coronavirus would become a pandemic and trigger a global recession.
Japan minister flying to Lebanon to make case for Ghosn’s return
Japan’s deputy justice minister is traveling to Lebanon this weekend to try to make the case that fugitive ex-Nissan Chairman Carlos Ghosn should stand trial in Japan.
Oil prices fall again, on track for biggest weekly drop in over 4 years
Oil prices fell for a sixth straight session on Friday and were on track for about a 12% weekly fall, the biggest in more than four years, as the spread of the coronavirus outside China raised fears of slowing global demand.
World stocks set for worst week since 2008 as virus fears grip markets
Global share markets were headed for the worst week since the depths of the 2008 financial crisis as investors ditched risky assets on fears the coronavirus would become a pandemic and derail economic growth.
Global funds cut equity exposure in turbulent February, eye virus risk: Reuters poll
Global funds changed course in February and recommended a cut to equity allocations in their model balanced portfolio after taking them to a two-year high in January, instead suggesting an increase in bond holdings, Reuters polls showed.
Global shares head for worst week since 2008 financial crisis
Global share markets headed for the worst week since the darkest days of the financial crisis in 2008 as investors braced for the coronavirus to morph into a pandemic and derail world economic growth.
