FILE PHOTO: Bank of Japan Governor Haruhiko Kuroda attends a news conference in Tokyo, Japan, January 21, 2020. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Thursday that the central bank was dealing with the coronavirus’s impact on the economy and that he was ready to respond with further steps
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U.S. Senator John Thune (R-SD) faces reporters as he emerges from the weekly Senate Republicans policy lunch in the U.S. Capitol in Washington, U.S., October 16, 2019. REUTERS/Siphiwe Sibeko WASHINGTON (Reuters) – U.S. Senator John Thune said on Wednesday he believes the Trump administration is evaluating use of the Strategic Petroleum Reserve, and other measures,
WASHINGTON (Reuters) – President Donald Trump met with fellow Republicans in the U.S. Senate on Tuesday to discuss a fiscal stimulus plan to bolster the nation’s economy in the face of the coronavirus outbreak. Any plan the White House introduces will need to be approved by both houses of the U.S. Congress. Expect Democrats, who
(Reuters) – Leading U.S. airlines American (AAL.O) and Delta (DAL.N) suspended 2020 financial forecasts on Tuesday and took drastic further measures to combat the impact of the coronavirus, while United (UAL.O) announced a capital raising and said it would post a first-quarter loss. An American Airlines airplane sits on the tarmac at LAX in Los
(Reuters) – Here is a list of international sports events hit by the outbreak of a coronavirus: FILE PHOTO: A woman wearing a protective face mask, following an outbreak of the coronavirus, walks past a banner for the upcoming Tokyo 2020 Olympics in front of the Tokyo Metro Government building in Tokyo, Japan, March 6,
NEW YORK/LONDON (Reuters) – Global stock markets plunged on Monday and crude oil prices tumbled by as much as a third after Saudi Arabia launched a price war with Russia, sending investors already spooked by the coronavirus outbreak fleeing for the safety of bonds and the Japanese yen. European stocks suffered hefty losses and a
NEW YORK (Reuters) – Pacific Investment Management Co (PIMCO), one of the world’s largest investment firms, told clients on Sunday the coronavirus outbreak is likely to cause a relatively mild and short recession though tight credit markets could worsen the downturn. FILE PHOTO: A worker wearing a face mask works on a production line manufacturing
FILE PHOTO: A clean worker wearing a face mask drives past a closed IKEA store, as the country is hit by an outbreak of the new coronavirus, in Beijing, China February 7, 2020. REUTERS/Jason Lee LONDON (Reuters) – IKEA, the world’s biggest furniture brand, is reopening nine of its stores in China this weekend, a
U.S. President Donald Trump hosts a photo-op with Brazilian President Jair Bolsonaro before attending a working dinner at the Mar-a-Lago resort in Palm Beach, Florida, U.S., March 7, 2020. REUTERS/Tom Brenner PALM BEACH, Fla. (Reuters) – President Donald Trump praised the United States’ relationship with Brazil under Brazilian President Jair Bolsonaro on Saturday, but declined
BEIJING (Reuters) – About a quarter of China’s new confirmed cases and almost all of those outside the epidemic’s epicenter in Wuhan originated outside the country on Friday, according to official data. FILE PHOTO: Community workers in protective suits disinfect a residential compound in Wuhan, the epicentre of the novel coronavirus outbreak, Hubei province, China
Supporters of U.S. Democratic presidential candidate Bernie Sanders react as law enforcement officers wrestle with a supporter of U.S. President Donald Trump at a rally in Phoenix, Arizona, U.S. March 5, 2020. REUTERS/Lucas Jackson (Reuters) – U.S. stocks opened sharply lower on Friday, as the global tally of coronavirus infections surpassed 100,000 and jittery investors
FILE PHOTO: A truck drives between shipping containers at a container terminal at Incheon port in Incheon, South Korea, May 26, 2016. REUTERS/Kim Hong-Ji TOKYO (Reuters) – South Korea and Japan will hold export control talks originally planned for March 10 in Seoul via teleconference, the Jiji news agency reported on Friday, reflecting the widening
(Reuters) – U.S. stock indexes dropped more than 2% on Thursday as the swift spread of the coronavirus in the United States led California to declare an emergency, while airline stocks were hammered by crippled travel demand. A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York City,
SINGAPORE (Reuters) – Oil prices rose more than 1% on Thursday, recouping losses from the previous day on a smaller-than-expected rise in crude oil inventories in the United States, although the gains were capped by uncertainties over cuts by major oil producers. FILE PHOTO: Oil pours out of a spout from Edwin Drake’s original 1859
FILE PHOTO: Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019. REUTERS/Nick Oxford SINGAPORE (Reuters) – Oil prices rose more than 1% on Wednesday on expectations that major producers have moved closer to an agreement to enact deeper output cuts aimed at offsetting the slump in demand caused by the coronavirus outbreak.
BRUSSELS (Reuters) – The worst is still to come for the airline industry in terms of economic damage from the coronavirus outbreak, European carrier bosses warned on Tuesday, but they predicted that travel demand could stabilise in the coming weeks. Airlines for Europe A4E Managing Director Thomas Reynaert, CEO of Air France-KLM Benjamin Smith, Chief
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