Standard Chartered posts 46% jump in profit but warns of 2020 coronavirus hit

Standard Chartered posted a substantial rise in pre-tax profit for 2019 on Thursday, but the Asia-focused bank warned that the spread of the coronavirus would likely slow progress toward one of its key earnings targets.

Coronavirus will wipe out corporate profit growth in 2020 and may trigger recession: Goldman Sachs

Strategists at Goldman Sachs just reminded investors why they are dumping stocks hand over fist right now. The coronavirus may wipe out corporate growth in 2020, perhaps completely. Goldman Sachs said Thursday in a note U.S. companies will generate no earnings growth in 2020. Underlying the call is Goldman’s view that the coronavirus is expected to spread around the globe and severely harm economic activity.

Coronavirus Could Eliminate U.S. Corporate Growth Completely in 2020 - Goldman Sachs

A global spread of the coronavirus could wipe out U.S. corporate growth completely in 2020, says Goldman Sachs.

U.S. Companies in China Warn 2020 Revenue Could Halve If Coronavirus Persists

Some American companies say they could lose as much as half their annual revenue from China if the coronavirus epidemic extends through the summer, a survey by the American Chamber of Commerce in China finds.

Goldman Sachs says the S&P 500 could quickly fall another 7% on coronavirus fears — and warns US firms won't generate any profit growth in 2020

The bank upgraded its outlook on the real estate and utilities sectors, recommending investors shift to defensive assets in the near-term.

CEO Sarah Hirshland: USOPC committed to being 'best prepared NOC' amid coronavirus concerns at Tokyo Olympics

Denmark has officially confirmed its first case of the novel coronavirus.

Coronavirus Threatens Hajj 2020 Pilgrimage As Saudi Arabia Suspends Travel to Mecca

The move is the latest drastic precautionary measure taken by countries in the Middle East in a bid to curb the spread of the deadly virus.

Coronavirus and the 2020 elections: What candidates are saying

Coronavirus and the 2020 elections: What candidates are saying

Trump's terrible coronavirus response hands 2020 Democrats a chance to show they can lead

Olympic Officials Dismiss 'Speculation' That Coronavirus Could Disrupt Tokyo Games

Tokyo Disneyland Theme Parks to Shut Down for 2 Weeks Over Coronavirus Concerns

Schools in Japan will also be closed for a month to prevent the spread of the COVID-19 coronavirus

IAG says can't forecast 2020 profit due to coronavirus

British Airways-owner IAG said coronavirus would hit earnings this year but it d...

2020 Geneva Motor Show canceled amid coronavirus concerns

The Swiss government has banned events of 1,000 people or more.

Tokyo Disney Resort temporarily closing amid coronavirus outbreak 'as a precautionary measure'

“We remain in close contact with related government agencies about the situation," Tokyo Disney Resort said in a statement.

Official: 2020 Geneva Motor Show CANCELED due to coronavirus

The 2020 Geneva Motor Show has been cancelled after the Swiss government banned events with gatherings of more than 1,000 people The post Official: 2020 Geneva Motor Show CANCELLED due to coronavirus appeared first on Motoring Research.

2020 Geneva Motor Show cancelled amid coronavirus outbreak

Just three days before the event was supposed to open up to the media, the Geneva International Motor Show has been cancelled due to coronavirus concerns. With just a weekend standing between today and the kickoff of the Geneva Motor Show, the organization announced that the conference has been cancelled due to the coronavirus outbreak.

Van Gogh's Sunflowers under coronavirus quarantine in Tokyo

Painting part of 60 masterpieces on tour that have been affected as Japan’s museums temporarily close

Tokyo Disneyland Closes Due to Coronavirus Just One Day After Japan Shut Down All Schools

In what was the last of Disney's theme parks in Asia to remain open during the coronavirus outbreak, Tokyo Disneyland announced that it will close starting this weekend. The move comes a day after Japanese Prime Minister Shinzo Abe declared that schools will be closed.

Coronavirus fears prompt Russia to withdraw from World Cup gymnastics events in Milwaukee Tokyo

Tokyo has no coronavirus Plan B for Olympic Games

Organizers of the 2020 Sumer Olympic Games in Tokyo have reiterated they are pushing ahead as planned despite fears over the spread of the coronavirus. Speaking on Friday, officials said there are currently no other plans being considered.

Coronavirus outbreak prompts United Airlines to suspend service between LAX Tokyo Narita

Coronavirus outbreak prompts United Airlines to suspend service between LAX, Tokyo Narita

Tokyo Disneyland Universal Studios Japan announce two-week closure over coronavirus scare

2020 Game Developers Conference is canceled due to coronavirus

After a week where one big name participant after another announced it would not send people to the show over concerns about the spread of coronavirus, GDC 2020 organizers have announced the event is off. It was scheduled to take place between March 16th and 20th, and in a statement, they said "we fully intend to host a GDC event later in the summer." This announcement comes just hours after officials announced a second case of the virus in...

Coronavirus Update: Game Developers Conference 2020 Postponed Because Of COVID-19

According to the statement released by GDC, the partners and organizers in the game development industry consulted and decided to postpone the upcoming event.

Thousands sign petition calling on SXSW to cancel 2020 event as coronavirus spreads

As of Saturday afternoon, thousands of people have signed a petition calling on South By Southwest (SXSW) to cancel the event this year thanks to the spread of coronavirus. The two-week festival in March draws hundreds of thousands of people from around the world to Austin. But after more than 80,000 people worldwide have been diagnosed with coronavirus, residents are raising alarm. In the U.S. there are 15 confirmed cases of the virus, with one...

Ethiopia's Legese wins coronavirus-impacted Tokyo Marathon

Ethiopia's Legese wins coronavirus-impacted Tokyo Marathon

Coronavirus: Tokyo Marathon takes place on empty streets

The Tokyo Marathon takes place against a backdrop of empty streets and with just a couple of hundred runners due to the coronavirus outbreak.

Tokyo Marathon features empty streets signs that ask 'refrain from watching' amid coronavirus fears

A slimmed-down version of one of the world's largest races still took to the streets of Tokyo on Sunday as officials in Japan take extensive measures to curb the spread coronavirus ahead of the 2020 summer Olympic games.

MotoGP: First two races of 2020 season in Qatar & Thailand cancelled because of coronavirus

The first two races of the MotoGP season in Qatar on March 8 March and Thailand on 22 March have been cancelled due to the coronavirus outbreak.

Coronavirus playing havoc with athletes’ Tokyo preparations

Irish boxers focused on Tokyo qualifiers after cutting Italian training camp short

2020 MotoGP: Qatar GP cancelled due to coronavirus Moto2 and Moto3 to continue