The G-7 will voice their determination to fight the economic hit of the coronavirus but stop short of directly calling for new government spending or coordinated central bank interest rate cuts, two G-7 officials said on Tuesday.
Despite taking a beating last week as cases of the new coronavirus spread rapidly around the world, U.S. markets have yet to price in a full-scale pandemic and subsequent recession, a U.S. equity manager told CNBC Tuesday.
Israeli Prime Minister Benjamin Netanyahu is leading the pack following the country's third election in less than a year, but his political survival is not guaranteed, Ryan Bohl of Stratfor said, citing corruption charges and a fractured coalition.
Pope Francis, who canceled a Lent retreat for the first time in his papacy because he is suffering from a cold, has tested negative for coronavirus, the Italian newspaper Il Messaggero reported on Tuesday.
Lego has topped a list of the world's most reputable companies for the fourth year in a row, according to an annual survey, closely followed by Disney, with both firms appearing in the top 10 every year since 2011.
The G-7 industrial powers are crafting a statement to issue on countering the impact of the coronavirus, but it does not specifically call for new government spending or coordinated interest rate cuts by central banks, a G-7 official told Reuters.
As neighboring Iceland gets more crowded, visitors are flocking to quieter, wilder Greenland. The world's largest island offers fjords, glaciers and unimaginable beauty, alongside whale watching and polar bear sightings — if you can stand the cold.
Global financial ministers and central bankers will hold a conference call on Tuesday to coordinate the financial and economic response to the coronavirus.
NASA's satellite images illustrate the concentration of nitrogen dioxide gas over China, from the Lunar New Year to late February. The "dramatic drop-off" is due to the quarantines and business closures in China, experts say.
Shoppers in Singapore have been buying up to 10 times more food staples and six times more personal care and household cleaning supplies on Lazada's grocery arm, RedMart.
As an outbreak of a new coronavirus causes some U.S. customers to fill up shopping carts and thin out store shelves, industry groups and experts say grocers can tamp down on "panic buying" by planning ahead and trying to stay stocked.