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Major U.S. airlines cancel China flights as government takes action

January 31, 2020 by  
Filed under News

All three major U.S. airlines announced the cancellation of flights to mainland China on Friday after the U.S. State Department elevated a travel advisory over concerns about the coronavirus.


Source: Reuters Business News

Pilots, flight attendants demand flights to China stop as virus fear mounts worldwide

January 31, 2020 by  
Filed under News

Pilots and flight attendants are demanding airlines stop flights to China as health officials declare a global emergency over the rapidly spreading coronavirus, with American Airlines’ pilots filing a lawsuit seeking an immediate halt.


Source: Reuters Business News

Two more employees of German car supplier get coronavirus

January 31, 2020 by  
Filed under News

German car parts supplier Webasto [WEBA.UL] said on Friday that two more of its employees have tested positive for the coronavirus, making for a total of seven who have contracted it.


Source: Reuters Business News

Wall Street tumbles as virus outbreak raises growth fears

January 31, 2020 by  
Filed under News

Wall Street’s main averages tumbled more than 1% on Friday as mixed corporate earnings added to worries over the impact of the coronavirus outbreak on global growth.


Source: Reuters Business News

Roku tries Fox Super Bowl play but stock loses yardage

January 31, 2020 by  
Filed under News

Shares of Roku tumbled 7% on Friday after the streaming video company told customers it was removing Fox channels from its platform ahead of Sunday’s Super Bowl broadcast.


Source: Reuters Business News

Altria takes another $4 billion hit on Juul investment, revises deal terms

January 30, 2020 by  
Filed under News

Altria Group Inc took another $4 billion charge on its investment in Juul Labs Inc and said it had reworked its deal terms with the embattled e-cigarette maker, which is facing increased regulatory scrutiny amid a backlash against vaping.


Source: Reuters Business News

Oil falls 3% to new three-month lows as China virus cases surpass SARS total

January 30, 2020 by  
Filed under News

Oil prices fell 3% on Thursday to the lowest in three months on concerns over the potential economic impact of the coronavirus that continues to spread worldwide, while the market also considered the possibility of an early OPEC meeting.


Source: Reuters Business News

Paris shops feel the pinch as virus keeps Chinese tourists away

January 30, 2020 by  
Filed under News

For some shopkeepers in Paris, home to prestigious stores where Chinese tourists love to splurge, an abrupt drop-off in visitors as China tries to contain a fast-spreading coronavirus health crisis is hitting hard.


Source: Reuters Business News

Wall Street slides on China virus concerns, Facebook earnings

January 30, 2020 by  
Filed under News

U.S. stocks dropped on Thursday as the coronavirus epidemic raised fears of a further hit to China’s economy, with weak earnings from Facebook and others adding to the gloom.


Source: Reuters Business News

Exclusive: New tensions surface over U.S.-Mexico seasonal farm trade

January 30, 2020 by  
Filed under News

Fresh battle lines are being drawn that could lead to farm trade restrictions between the United States and Mexico, a letter from a top Mexican trade official seen by Reuters shows, despite the goodwill generated by the newly-signed USMCA trade pact.


Source: Reuters Business News

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