AB InBev sees a 10% hit to its first-quarter profit from coronavirus

Anheuser-Busch InBev forecast a 10% decline in its first-quarter profit after a weaker-than-expected finish to 2019, as the world's largest beer maker expects the coronavirus outbreak to dent its earnings.

PayPal warns coronavirus will have a negative impact on revenue expectations for the quarter

PayPal reduced its first quarter revenue guidance by a percentage point.

PayPal expects first-quarter revenue to be hit by coronavirus outbreak

Payments processor PayPal Holdings Inc said on Thursday it expects first-quarter...

Baidu says first-quarter revenue may tumble as coronavirus takes toll on business advertising

Baidu Inc, China's biggest search engine company, said first-quarter revenu...

The coronavirus outbreak may have a two-quarter hit on China's economy says Stephen Roach

Stephen Roach said he expected the disruption from COVID-19 to last longer than the damage SARS wrought 17 years ago.

Coronavirus may impact India’s March quarter GDP growth by 0.20%: Report

A quarter of Americans aren't preparing for a coronavirus outbreak. Some of them told us why they're not worried yet.

Expect to see European GDP hit by coronavirus crisis in second quarter economist says

David Owen, chief European economist at Jefferies International, discusses the potential economic impact of the coronavirus outbreak.

UPS says coronavirus outbreak to hurt first-quarter results

United Parcel Service Inc said on Tuesday its first-quarter results would be hit...

AutoZone CEO talks disappointing quarter coronavirus in earnings call

The uncertainty in the stock market is due to more than just the coronavirus. Coffee futures are one of the few commodities ignoring potential global recession

President Trump donates 4th-quarter salary to combat coronavirus

President Donald Trump donated his salary from the final quarter of 2019 to help combat COVID-19, the coronavirus. White House Press Secretary Stephanie Grisham tweeted an image of the $100,000 check the president made out to the U.S. Department of Health & Human Services. "President @realDonaldTrump made a commitment to donate his salary while in office. Honoring that promise and to further protect the American people, he is donating his 2019...

Trump donates his 2019 fourth-quarter salary to help combat coronavirus

The president donated $100,000 on Jan. 29 to the Department of Health and Human Services.

Coronavirus could lead to negative growth in second quarter economist warns

Neil Shearing, group chief economist at Capital Economics, discusses the Fed's decision to cut rates in response to the coronavirus outbreak.

GE sees coronavirus hit on first-quarter cash flow

General Electric Co said on Wednesday that it expects a hit of $300 million to $...

GE Projects Coronavirus Hit in First Quarter Backs Full-Year Goals

General Electric said the coronavirus epidemic would reduce the company’s first-quarter free cash flow by $300 million to $500 million but backed its full-year target for the closely watched metric.

Brazil economic growth slows in fourth quarter pulling 2019 growth down to 1.1%

Brazil's economy grew by 1.1% last year, official figures showed on Wednesd...

GE says coronavirus will hit first-quarter cash flow sticks to full-year forecast

General Electric Co predicted on Wednesday that the coronavirus would wipe out a...

After hard first quarter shipping industry showing signs of recovering from coronavirus

The shipping industry has taken a hit due to the coronavirus outbreak, but there are signs that the worst is already passed and that commerce will rebound in the coming weeks.

Coronavirus to lower Australia first-quarter GDP by 0.5 percentage point - Treasury

Coronavirus to lower Australia first-quarter GDP by 0.5 percentage point - Treasury

Germany’s Merck Sees Coronavirus Subsiding in Second Quarter

Merck KGaA said the new coronavirus will probably subside in the second quarter, shaving only 1% from revenue, and predicted strong growth in organic profit for the year.

Kuwait A330-800 delivery set for third quarter

Kuwait Airways appears set to take delivery of its first Airbus A330-800 in the third quarter of this year. FlightGlobal understands, from a source familiar with the situation, that the airline is working to this timetable following the certification of the -800 in mid-February. Kuwait Airways is configuring the Rolls-Royce ...

Southwest Airline sees first-quarter revenue hit from coronavirus outbreak

Southwest Airlines Co said on Thursday it expects a hit of $200 million to $300 ...