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.
Proxy adviser Institutional Shareholder Services has recommended investors of Hanjin Kal, the parent company of South Korea's top carrier Korean Air Lines Co Ltd, vote to reappointment the company's chief as an internal director.
The United Arab Emirates said on Saturday it was shutting major tourism and cultural venues to contain the spread of coronavirus and announced a $27-billion plan to counter the outbreak's economic impact.
The U.S. Federal Aviation Administration (FAA) said on Friday it has begun a probe following an in-flight incident involving an older 737 aircraft manufactured by Boeing Co and flown by Southwest Airlines.
Canadian authorities on Friday ramped up measures to combat the coronavirus outbreak and announced emergency measures, including a surprise half-point interest rate cut, to take the edge off the economic impact.
The Canadian Parliament rushed through ratification of the new U.S.-Mexico-Canada (USMCA) trade pact on Friday before taking a three-week break to help stop the spread of the coronavirus, a top government official said.
U.S. aviation safety regulator is investigating a possible structural problem with Boeing Co's older 737 aircraft following an in-flight incident that caused a 12-inch rupture in the aluminum skin of a Southwest Airlines jet, the Wall Street Journal reported on Friday.
In trading on Friday, shares of Barrick Gold Corp. (Symbol: GOLD) entered into oversold territory, changing hands as low as $15.06 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure moment
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