Monday, March 30, 2020

Google Alert - finance

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finance
As-it-happens update March 30, 2020
NEWS
The New York Times
While much of the U.S. economy has ground to a halt because of the coronavirus outbreak, several dozen workers in orange vests and hard hats were hauling heavy equipment on Sunday at a General Motors plant in Kokomo, Ind. The crew was part of a ...
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Reuters
LONDON (Reuters) - The dollar snapped a week of declines on Monday, rising against major currencies and riskier emerging markets as investors braced for a prolonged period of uncertainty while governments tightened lockdowns to fight the coronavirus.
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Reuters India
LONDON/SYDNEY (Reuters) - Oil took another eyewatering 8% tumble on Monday and world shares buckled again as fears mounted that the global coronavirus shutdown could last for months. FILE PHOTO: A long exposure image shows the movement of a ...
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Reuters India
(Updates prices) * Asian stock markets: tmsnrt.rs/2zpUAr4 * Global coronavirus death toll nearly 34,000 * Graphic - Coronavirus unknowns: reut.rs/2UHIgvz By Asha Sistla March 30 (Reuters) - Gold prices held steady on Monday as a flight to cash to cover ...
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BBC South East Wales
LONDON — British low cost airline easyJet said it had grounded its entire fleet and reached a deal with its cabin crew for employees to be furloughed for two months under a government job retention scheme. The airline said on Monday that its entire fleet of ...
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The Hindu BusinessLine
European banks dropped on Monday to pace a broader market retreat after the chief regulator for the region recommended no dividend payments be made until the autumn. The Stoxx Europe 600 SXXP, -2.18% , which rose 6.1% last week, fell 2.2%.
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TechCrunch
Air Doctor, the health tech startup that connects travellers with local doctors, has raised $7.8 million in Series A funding. The round is led by Kamet Ventures (the AXA-backed venture builder), and The Phoenix Insurance Company. Founded in 2016, Air Doctor ...
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Economic Times
SHANGHAI, March 30 (Reuters) - China stocks ended lower on Monday as investor concerns over coronavirus-driven global shutdowns overshadowed an unexpected rate cut by the country's central bank. ** At the close, the Shanghai Composite index was ...
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Bloomberg
A torrent of oil from the giant Johan Sverdrup field may not be what the market needs right now, but it's a welcome boost for Norway and the companies involved. The North Sea field's first phase will peak at 470,000 barrels a day in early May, state-controlled ...
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Reuters
(Reuters) - Australia's Wesfarmers Ltd (WES.AX) on Monday said it would sell a 5.2% stake in Coles Group (COL.AX), the supermarket chain it spun off in 2018, in a bid to retain a more flexible balance sheet amid uncertainty posed by the coronavirus ...
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ShareCast
Refiled for extraneous word in fifth paragraph. March 30 (Reuters) - Anglo American AAL.L said on Monday its diamond unit De Beers Group will not hold its third sales event because of lockdowns in Botswana, South Africa and India, to contain the ...
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Hydrocarbon Engineering
(Reuters) - Five companies from Singapore and two from Japan have entered into a Memorandum of Understanding (MoU) to explore hydrogen as a low-carbon alternative to power Singapore's energy future, the companies said in a statement on Monday.
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Nasdaq
TAIPEI, March 30 (Reuters) - Taiwanese electronics manufacturer Foxconn 2317.TW reported a 23.7% fall in profit in the last three months of 2019 on Monday as it braces for the impact from the coronavirus pandemic that has hit demand from key customers ...
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ShareCast
Johnson Matthey PLC said Monday that it traded in line with market expectations for fiscal 2020 before the coronavirus pandemic struck but that it now anticipates to miss market views for the financial year. The specialty chemicals company said that it expects ...
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Bloomberg
Newfoundland's only refinery is shutting down, the first North American fuel maker to be idled as the coronavirus outbreak crushes demand worldwide. North Atlantic Refining Ltd. will idle the Come by Chance refinery, VOCM radio reported on its website, ...
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KSN-TV
FLINT, Mich. (NEXSTAR) – A 26-year-old Michigan man claiming to have coronavirus faces multiple felonies for intentionally touching shopping carts and kissing a police car window Friday, Genesee County Prosecutor David Leyton said in a news release.
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ShareCast
Smith & Nephew PLC said Monday that it expects first-quarter and first-half results to be hit by the coronavirus pandemic, and that it is withdrawing its guidance for the full year as it deems it to early to quantify the damages associated with it.
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WHBL News
By Yilei Sun and Brenda Goh. BEIJING (Reuters) - China's Geely Automobile Holdings Ltd <0175.HK> on Monday said 2020 may be "amongst the most difficult years" in its history, as pressure stemming from the coronavirus pandemic on production and sales ...
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WTSP.com
TAMPA, Fla. — Florida gas pries are only getting cheaper and fewer people are driving. Everyone is urged to stay home to stop the spread of coronavirus. According to AAA, the average price for gasoline in Florida slipped below $2 a gallon for the first time ...
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Nasdaq
(RTTNews) - Edwards Lifesciences Corp. (EW) announced 2-year results of the randomized PARTNER 3 trial comparing treatment with the SAPIEN 3 valve to surgery in patients with severe symptomatic aortic stenosis or AS at low risk of death from surgery.
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pv magazine Australia
Since 2015, Kidston Clean Energy Hub has inspired renewable developers with the potential for hybrid projects. Its envisaged re-use of old gold mining pits for pumped-hydro storage that would concentrate the benefits of colocated solar and wind resources ...
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The Star Online
JAKARTA, March 30 (Jakarta Post/ANN) -- The Indonesian Palm Oil Producers Association (GAPKI) said export volume to China fell by 381,000 tons or 57 percent in January and this had contributed to the sharp fall in the country's total palm oil exports, which ...
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Eastern Daily Press
Loganair boss Jonathan Hinkles who has asked for government intervention as the coronavirus outbreak hits the airline industry hard. Pic: Archant. The chief executive of Loganair has pleaded for government help as KLM announced it would ditch flights from ...
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The Hindu
(RTTNews) - Indian shares were deep in the red on Monday and the rupee opened lower by 33 paise at 75.18 against the dollar as coronavirus lockdown tightened across the world, fueling fears of a long recession. Globally, there are over 7.2 lakh confirmed ...
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Business News Australia
Specialist molecular diagnostics company Genetic Signatures (ASX: GSS) is sending its first shipments of a new Covid-19 testing kit to labs in Europe and Australia, with its manufacturing facilities in Sydney gearing up for "anticipated initial high-volume ...
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Dayton Business Journal
Ohio Gov. Mike DeWine has hinted that additional guidance could be on the horizon. But with many construction firms already anticipating payment delays, local builders and contractors have asked DeWine to keep job sites open.
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Pound Sterling Live
The British Pound starts the new week close to the multi-day highs where it ended on Friday, with markets digesting news that the UK's sovereign debt was downgraded by ratings agency Fitch over the weekend. The UK was downgraded one notch from AA to ...
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Riviera Maritime Media
After the very successful launch event in 2019, Riviera Maritime Media's Hydrogen & Fuel Cells Conference will return to bring together industry leaders who are adopting hydrogen and fuel cell technologies for maritime applications. Delegates will include ...
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WSLS 10
ROANOKE, Va. – Virginia is for Restaurant Lovers takeout week! The campaign started by the Virginia tourism office runs from March 30 through April 5. With the closure of restaurant dining rooms, many Virginia restaurants have switched to takeout and ...
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