JAKARTA (Reuters) – Indonesian President Joko Widodo said on Monday he plans to impose stricter limits on mobility between regions and also to implement a large-scale policy of social distancing to help curb the spread of coronavirus. “In implementing the policy of large scale social distancing, I ask that a regulation is prepared for clear guidance for provincial level governments,” […]
Read moreLONDON/SYDNEY (Reuters) – Oil took another eyewatering 8% tumble on Monday and world shares buckled again as fears mounted that the global coronavirus shutdown could last for months. There were some bright spots, with Australian equities posting a standout jump as the government launched a super-sized support programme, but that was about it. Japan’s Nikkei had led the rest of […]
Read moreNEW YORK (REUTERS) – Coffee importers in some of the largest consuming countries are stockpiling, bringing forward orders by up to a month to avoid shortages if supply chains are disrupted by coronavirus lockdowns. The global pandemic has prompted governments around the world to impose severe restrictions on movement in a bid to stem the spread of the virus. Supply […]
Read moreEasyJet has grounded its entire fleet of planes due to the coronavirus crisis. The budget airline says it does not know when it will return and that staff have been placed on furlough. It said in a statement: "As a result of the unprecedented travel restrictions imposed by governments in response to the coronavirus pandemic and the implementation of national […]
Read moreSpanish PM Pedro Sanchez announced the “extraordinarily tough” restrictions on March 28, which forces all non-essential workers to remain at home for two weeks. These workers will still receive their usual salaries but will be expected to make up lost hours over time, he said. “This measure will reduce the mobility of people even further – it will reduce the […]
Read morePresident Trump extended social distancing guidelines to April 30 as cases in the U.S. topped 140,000. The doctors advising him said without any restrictions on movement that more than 1 million Americans could die. Right Now Seattle, once home to the largest outbreak in the United States, has seen a decline in transmissions after imposing strict containment strategies. 新冠病毒疫情最新消息 Here’s […]
Read moreSYDNEY (Reuters) – Asian shares slid on Monday and oil prices took another tumble as fears mounted that the global shutdown for the coronavirus could last for months, doing untold harm to economies despite central banks’ best efforts. “We continue to mark down 1H20 global GDP forecasts as our assessment of both the global pandemic’s reach and the damage related […]
Read moreHONG KONG/SHANGHAI (Reuters) – Shanghai has topped global initial public offering (IPO) league table for the first time in nearly three years, even as the coronavirus epidemic which originated in China rocked markets around the world. A total of 33 companies raised $7.31 billion floating on the Shanghai main board and the city’s start up-focused STAR market, according to Refinitiv […]
Read morePresident Donald Trump has said coronavirus restrictions such as social distancing will be extended across the US until at least 30 April. “The highest point of the death rate is likely to hit in two weeks,” Mr Trump said on Sunday, adding: “Therefore we will be extending our guidelines.” Dr Anthony Fauci, the face of the Trump administration’s coronavirus task […]
Read moreLONDON • For the moment, all European governments are concentrating their entire firepower on fighting the still virulent coronavirus epidemic. But behind the scenes, a battle just as critical to the future of the continent is unfolding, about the ways European states should manage the huge economic costs of the pandemic. There are no easy solutions, for the damage to […]
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