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The Trump administration is considering using special executive powers to ramp up U.S. production of protective face masks and clothing to combat the domestic spread of coronavirus.
Aside from health-care firms, a handful of other companies in sectors ranging from dairy to videoconferencing to online gaming could benefit from the epidemic.
New Zealand’s property market is heating up again and a fresh round of interest-rate cuts in response to the coronavirus could give it another shot in the arm.
The Federal Reserve is making its first emergency rate cut since the Great Recession in response to the spreading coronavirus and some are predicting another cut soon. Yet even before today's Fed action, economists were cautioning that lower interest rates aren’t the ideal prescription for the virus' threat.
Rolling coverage of the latest economic and financial news
The rapid spread of coronavirus cases worldwide is complicating past strategies used by airlines when disease, disaster or conflict hit travel destinations, when lower fares and redirecting flights has previously calmed traveler fears. Adam Reed reports.
Coronavirus likely to hit Uber ride-hailing, boost food delivery - CEO
NEW DELHI/MUMBAI (Reuters) - India is pushing state-run banks to approve new loans amounting to 500-600 billion rupees ($6.8-8.2 billion) by the end of March, according to two government sources, as authorities seek to shore up a stuttering economy as the coronavirus spreads. Public-sector banks have
Local cleaning companies and suppliers are feeling the effects of the coronavirus. Empire Janitorial Supply Co. in Burlington distributes cleaning products to more than 150 customers. Since the spread of the coronavirus, the company has had a boost in business. "Anytime anybody wants to buy more, it's good for business, but it's almost too much," said owner Brian Lovejoy. He says hand sanitizer has been the most challenging to get ahold of from...