European Central Bank chief Christine Lagarde asked euro zone finance ministers during a videoconference on Tuesday evening to seriously consider a one-off joint debt issue of "coronabonds" to help fight the coronavirus pandemic, four officials said.
When Europeans first arrived in the Amazon rainforest, their smallpox decimated local tribes. Then rubber tappers, gold miners and settlers brought malaria, measles and influenza.
The number of recorded coronavirus cases in Russia reached 658 on Wednesday, a day after the mayor of Moscow told President Vladimir Putin that the real scale of the problem in the Russian capital far exceeded official figures.
Disposable rubber gloves are indispensable in the global fight against the new coronavirus, yet a month's lockdown in stricken Malaysia where three of every five gloves are made has upended the supply chain and threatens to hamstring hospitals worldwide.
U.S. senators will vote on Wednesday on a $2-trillion bipartisan package of legislation to alleviate the devastating economic impact of the coronavirus pandemic, hoping it will become law quickly so they can get out of Washington.
The head of the European Central Bank Christine Lagarde asked euro zone finance ministers at a videoconference on Tuesday evening to seriously consider a one-off joint debt issue of "coronabonds" to help fight the epidemic, two officials said.
Disposable rubber gloves are indispensable in the global fight against the new coronavirus, yet a month's lockdown in stricken Malaysia where three of every five gloves are made has upended the supply chain and threatens to hamstring hospitals worldwide.
Hong Kong's anti-corruption unit has charged a former exchange official with bribery and misconduct over a 2017 IPO application by thread manufacturer Shen You Holdings.
Plane parts maker FACC said it would not pay a dividend for last year and would re-evaluate a 33-million-euro ($36 million) project in Croatia as part of measures to deal with falling demand due to the coronavirus.
European airlines crippled by the coronavirus have demanded lasting relief from environmental taxes - in a move that pits their immediate survival against longer-term emissions goals.
Plane parts maker FACC said on Tuesday it would not pay a dividend for last year and re-evaluate its 33 million euro ($36 million) project in Croatia as part of a package to deal with falling demand due to the coronavirus spread.
Japanese trading company Marubeni Corp said on Wednesday it now expects a net loss of 190 billion yen ($1.7 billion) for the year ending this month after the coronavirus epidemic hammered the global business environment.
As the coronavirus spreads across the United States, Chinese students from wealthy families are persuading their parents to pay tens of thousands of dollars for seats on private jets to get home.
U.S. senators and Trump administration officials have reached an agreement on a massive economic stimulus bill to alleviate the economic impact of the coronavirus outbreak, the negotiators said on Wednesday.
South African maize farmers are expected to harvest 33% more maize in the 2019/20 season compared with the previous season, boosted by favourable weather conditions, a Reuters survey showed on Wednesday.
Hong Kong's anti-corruption unit said on Wednesday it had charged a former bourse official with bribery and misconduct regarding an IPO application by thread manufacturer Shen You Holdings Limited in 2017.
Crisil has downgraded Air India's Rs7bn (US$92m) 9.13% bonds due on March 26 to BB+ from AAA, after the state-owned airline drew on a government guarantee.
U.S. senators and Trump administration officials have reached an agreement on a massive economic stimulus bill to alleviate the economic impact of the coronavirus outbreak, White House official Eric Ueland said early on Wednesday.
India has axed the royalties that local seed companies pay to German drugmaker Bayer AG for Monsanto's genetically modified (GM) cotton, a government order said, after cutting them back since 2016.
Qantas Airways Ltd on Wednesday secured A$1.05 billion ($627.8 million) against its aircraft fleet to help it ride out the coronavirus crisis, sending shares up 30%, as airlines in the Asia-Pacific region sliced away capacity and jobs.