(RTTNews) - Retailer Marks & Spencer Group plc (MAKSY.PK, MAKSF.PK, MKS.L) Friday said its quarter to date results have been adversely affected by the impact of coronavirus or COVID-19. Fiscal 2020 outlook for Group Profit Before Tax and adjusting items until the current wee
China stocks rose on Friday, tracking a rebound in other Asian markets, though the country's blue-chip index still posted its steepest weekly loss in 17 months on persisting worries over the economic damage from the coronavirus outbreak.
Britain's rail network will operate half its normal service during the coronavirus crisis, the government and rail industry body said on Friday, and Heathrow Airport's operations will shrink as more of the country goes into a partial shutdown.
Britain said on Friday its scramble to produce thousands of ventilators to fight the coronavirus outbreak was achieving results as top companies have already produced a prototype and it should be ready for use in hospitals by the end of next week.
Shipping giant Maersk said on Friday its first quarter earnings would take a hit from weak volumes and that its 2020 earnings outlook would be suspended due to uncertainty in the global transport sector.
(RTTNews) - European stocks may edge higher on Friday, though underlying sentiment would remain cautious on growing worries about coronavirus pandemic.
Supply restraint by core-OPEC producers could push second-quarter Brent oil prices up to $30 a barrel, while U.S. measures to support the market could underpin prices in the near term, Goldman Sachs said in a research note.
Swimming Australia have called on the International Olympic Committee to ensure there is "a level playing field" if the Tokyo Games go ahead as athletes struggle to train properly because of measures to contain the coronavirus outbreak.
(RTTNews) - Dr. Reddy's Laboratories Ltd. (RDY) announced the launch of Pyrimethamine Tablets USP, 25 mg, a therapeutic equivalent of Daraprim (pyrimethamine) Tablets. The company noted that the product is the only AB-rated generic version Daraprim Tablets approved by the FDA.
Persistent weakness in emerging Asian currencies on Friday and enduring stresses in dollar funding markets showed that a spate of hurried swap lines between central banks had done little to alleviate the credit strains at the heart of the problem.
Air Canada will temporarily lay off more than 5,100 employees as it attempts to check the impact of the coronavirus pandemic, the union representing the Canadian airline's flight attendants said on Friday.
Iran’s Supreme Leader Ayatollah Ali Khamenei, in a live speech on state TV for the start of the Persian new year, said on Friday that U.S. sanctions has forced the country to become self-sufficient as he called on Iranians to preserve unity.
The yuan bounced from five-month lows on Friday after the U.S. Federal Reserve opened the taps to ease feverish demand for its currency while a key Chinese lending rate was left unchanged.
(RTTNews) - German optics firm Fielmann AG (FLMNF.PK) announced Thursday that it will temporarily shut down its regular operations of stores in Germany and Switzerland from March 20. The company is implementing additional measures to contain the coronavirus or Covid-19 spread.
When the mighty Indian cricket board decided this week that only the chief among its national selectors would travel business class, it merely confirmed straitened times for the game amid the coronavirus outbreak.
Chinese shares edged higher on Friday as wider Asian equities bounced back from a rout set off by coronavirus fears, but sentiment was relatively subdued after the country left its lending benchmark unchanged.
As U.S. authorities scrambled to ramp up the nation's capacity to test for coronavirus last week, at least 100 executives and other New Yorkers of means had easy access to testing, according to two sources familiar with the activities of a little-known medical service catering to the affluent.
Reuters
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