The London Metal Exchange said on Monday a member of staff of a ring-dealing member has been diagnosed with the coronavirus, prompting a number of precautionary measures, including a deep clean of the last open-outcry trading venue in Europe.
The owner of British Airways and easyJet, Europe's no.3 and no.4 airlines, said they would ground aircraft on an unprecedented scale in a battle to survive the travel restrictions and European lockdowns now convulsing the industry.
Mexican media published conflicting accounts on Sunday regarding what they had called the country's first coronavirus death, with some disputing that the individual in question, businessman Jose Kuri, had died.
Airlines around the world announced they would make more drastic reductions to their flying schedules, cut jobs and seek government aid after countries further tightened border restrictions due to the coronavirus.
Airlines in Australia and New Zealand said on Monday they would make drastic changes to their flying schedules after the countries over the weekend announced international travellers would need to self-isolate for 14 days due to the coronavirus.
The fast-spreading coronavirus has shaken the corporate world in New Zealand, with a growing number of companies suspending their earnings outlooks, and others reeling from the economic unknowns facing them.
Several African governments on Sunday closed borders, canceled flights and imposed strict entry and quarantine requirements to contain the spread of the new coronavirus, which has a foothold in at least 26 countries on the continent as cases keep rising.
Severe congestion at Chinese ports is easing, say officials and industry participants, although a logjam of refrigerated containers has disrupted supplies of fresh and frozen food and pushed up freight rates outside China.
Air New Zealand said on Monday it would further cut capacity and look to lay off some permanent employees as the coronavirus outbreak hits global travel demand.
Auckland International Airport suspended its full-year earnings guidance on Monday after New Zealand announced stringent border controls over the weekend to combat the fast-spreading coronavirus.
Thousands of Muslims returning to Turkey from a pilgrimage in Saudi Arabia were taken into quarantine on Sunday due to concerns about the spread of the coronavirus.
South African president Cyril Ramaphosa declared a national state of disaster on Sunday as he announced a range of measures to contain a COVID-19 outbreak that has so far infected 61 and showed the first signs of internal transmission.
Norway will offer companies at least 100 billion Norwegian crowns ($9.7 billion) in funding in the form of guarantees for loans and bond issues to support the economy during the coronavirus outbreak, the government said on Sunday.
U.S. Treasury Secretary Steven Mnuchin on Sunday said he was in close touch with Congress about helping U.S. airlines weather a massive downturn in business due to sweeping travel restrictions aimed at containing the coronavirus.
U.S. sportswear retailers Nike Inc and Under Armour Inc said on Sunday they are closing all stores in the United States to limit the spread of the coronavirus.
France and Spain joined Italy in imposing lockdowns on tens of millions of people, Australia ordered self-isolation of arriving foreigners and other countries extended entry bans as the world sought to contain the spreading coronavirus.
China has tightened checks on international travellers at Beijing airport and said it will centrally quarantine all arrivals at its capital, after new imported coronavirus cases surpassed locally transmitted infections for a second day.
American Airlines Inc said Saturday it plans to cut 75% of its international flights through May 6 and ground nearly all its widebody fleet, as airlines respond to the global collapse in travel demand due to the coronavirus pandemic.
The French government is not at this stage considering a capital injection for Air France-KLM to help it weather falling revenues due to the impact of the coronavirus on its business, a French finance ministry official said on Saturday.
Reuters
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