3 hours ago by dailysabah.com
The coronavirus epidemic could rob passenger airlines of up to $113 billion in revenue this year, an industry body warned Thursday, more than three times a projection it made just... read more...
The S&P 500 Index may have witnessed its quickest correction ever, but one of the biggest stock-market victims of the coronavirus epidemic has been Southeast Asia.
The novel coronavirus outbreak has already upended an entire industry, forcing travelers to face canceled flights, resorts on lockdown and a cruise ship quarantine.
As of Friday, more than 83,700 cases of coronavirus have been reported, resulting in at least 2,859 deaths.
Wall Street's main indexes tumbled for the seventh straight day and were on track for their biggest weekly dip since the 2008 global financial crisis on worries the fast-spreading coronavirus could lead to a recession. "You're almost fishing blind here, trying to make good decisions,"
Worries aren heightened by the spread of the virus, with cases north and south of the Irish border.
The rapid spread of coronavirus, which has already killed more than 3,000 people and infected as many as 90,000, has gripped a fearful global population and threatens the livelihood of countless wo…
The task force on Tuesday also imposed a ban on flights from northern Italy, specifically from Verona and Milan. It said the measure was because of the spike in cases in the area.
Wales follows the rest of the UK, helping firms cover potential losses from the disease.
The coronavirus epidemic could complicate how U.S. companies comply with a new accounting standard on expected future losses.
Wales follows the rest of the UK in making the disease 'notifiable'
The restaurant industry in New Zealand estimates it is losing $6 million in revenue every week because of coronavirus.
Some airlines have cancelled up to a quarter of flights as passenger numbers drop