(RTTNews) - Indian shares look set to post major losses once again on Friday amid rising worries over the spread of coronavirus across the world. As panic deepens, investors are likely to ignore a slew of positive economic data released on Thursday.
As the COVID-19 outbreak continues to worsen all around the world, Americans are taking the opportunity to stock up on supplies while they can. However, retail inventories are struggling to keep up with demand.
In light of the COVID-19 pandemic, Americans are stocking up on essential items at retailers around the country. However, depending on where you shop, you might not be able to purchase as much as originally planned.
U.S. Soccer President Carlos Cordeiro resigned on Thursday after taking responsibility for language in a federation court filing that "caused great offense and pain" and prompted an on-field protest by the national women's team.
An international travel group has warned that the latest round of travel restrictions put in place by the United States to counter the spread of the COVID-19 coronavirus could push some airlines to the brink, calling on governments to weigh the financial implications of new rest
(RTTNews) - The Hong Kong stock market has finished lower in two straight sessions, plunging more than 1,080 points or 4.1 percent along the way. The Hang Seng Index now rests just above the 24,300-point plateau and it's expected to see further downside again on Friday.
Apple Inc is reopening all 42 of its branded stores in China on Friday, a company spokesman said, more than a month after they were shut in the wake of the coronavirus outbreak.
U.S. shale producers are seeking sharp service costs cuts to deal with plummeting prices and shrinking demand, according to executives and a letter sent to top providers, driving home the oil industry's desperate efforts to cope with a market dive.
The U.S. Trade Representative's office said it granted on Thursday exclusions from import tariffs for some medical products imported from China, including face masks, stethoscope covers and blood pressure cuff sleeves.
(RTTNews) - The China stock market has moved lower in consecutive trading days, sliding more than 70 points or 2.3 percent along the way. The Shanghai Composite Index now rests just beneath the 2,925-point plateau and it's likely in store for continued selling pressure on Friday
The dollar stood tall on Friday as investors scrambled for the world's most liquid currency amid deepening panic about the coronavirus while the euro nursed losses after the European Central Bank disappointed investors by not cutting rates.
What happened
Many stocks in the tech sector crashed on Thursday as the COVID-19 panic reared its ugly head again. The hardware makers below all plunged at least 10% lower without sharing any bad news of their own:
True to form, U.S. President Donald Trump has warned coronavirus could spread from Mexico, touting his anti-migrant wall as a solution. Seen from south of the border though, the greater risk is infection from the much bigger outbreak in the United States.
An Australian industrial regulator on Friday said the country's biggest airline Qantas Airways Ltd had agreed to backpay its staff millions of dollars after self-reporting non-compliance with employment contracts.
Gabon and Ghana confirmed their first cases of coronavirus on Thursday, becoming the ninth and tenth countries in sub-Saharan Africa to register positive cases.
What happened
Shares of Peloton Interactive (NASDAQ: PTON) declined by 11.3% on Thursday, as coronavirus-related fears sparked a brutal sell-off in financial markets around the world.
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