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U.N. cancels key meetings ahead of climate summit due to coronavirus

The United Nations has canceled meetings in Bonn, Germany, and elsewhere planned in the run-up to a crucial U.N. climate summit to be held in Glasgow in November due to the coronavirus outbreak, an official said on Friday.



4 years ago

Iraq puts France and Spain on coronavirus entry ban list

Iraq has banned entry to travelers coming from France and Spain, the Foreign Ministry said on Friday, bringing the total number of countries on its entry ban list to 11 as it tries to stem the spread of coronavirus.



4 years ago

Morgan Stanley shifts London traders to Heathrow site to counter virus: sources

Morgan Stanley is shifting part of its London-based sales and trading staff to a secondary site near Heathrow airport to ensure its trading desks can operate smoothly through the coronavirus outbreak, two sources familiar with the matter said.



4 years ago

Exclusive: StanChart says CEO Winters will stay to execute current strategy

Standard Chartered Chief Executive Bill Winters is expected to stay at the bank until the conclusion of its current strategy, its Chairman Jose Vinals said in an internal memo seen by Reuters on Friday.



4 years ago

Coronavirus impact is overwhelming, Spain's hotels association says

Hotel bookings have fallen by as much as 40% in some areas of Spain, the country's hotel federation said and flagged an overwhelming impact for the eurozone's fourth largest economy as anxiety about the coronavirus outbreak takes hold.



4 years ago

U.S. telehealth companies brace for demand spike as coronavirus spread accelerates

The U.S. telehealth industry, including market leader Teladoc Health Inc, is preparing for a surge in demand as public health officials aiming to contain the fast-spreading new coronavirus encourage use of alternatives to clinic visits and patients seek to avoid public spaces.



4 years ago

Coronavirus douses stocks rally; Europe, U.S. futures lower

European shares fell again on Thursday, taking their cue from U.S. equity futures, which implied a lower open for Wall Street as cases of the coronavirus surged in the U.S.



4 years ago

Exclusive: China's top gas importer PetroChina declares force majeure on imports - sources

China's top gas importer PetroChina has declared force majeure on natural gas imports, including on liquefied natural gas (LNG) shipments and on gas imported via pipelines, following the coronavirus outbreak, four industry sources told Reuters.



4 years ago

Finnair steps up efforts to be carbon neutral by 2045

Finnair said on Thursday it had stepped up its efforts to achieve carbon neutrality by 2045 through a range of measures and would begin by halving its net emissions by 2025 from their 2019 level.



4 years ago

British airline Flybe collapses as coronavirus deals final blow

British regional airline Flybe collapsed on Thursday after a plunge in travel demand, making the long-struggling carrier one of the first big corporate casualties of the coronavirus outbreak.



4 years ago

Record profit lifts Aviva shares, pays out on coronavirus claims

Aviva shares jumped on Thursday as the life and general insurer posted a record profit in its first year under chief executive Maurice Tulloch, although he said coronavirus added uncertainty to the outlook.



4 years ago

India plans to airlift components from China to help local tech industry: sources

India is planning to backstop its growing electronics sector by arranging to airlift components from China, three government officials said, as it tries to contain the fallout from the coronavirus crisis in China.



4 years ago

Oil falls, OPEC seeks Russian backing for deeper supply cuts

Oil fell on Thursday as worries intensified over the fast-spreading coronavirus outbreak and OPEC ministers met in Vienna to seek Russian backing for deeper output cuts to bolster prices.



4 years ago

Coronavirus hit to airlines could top $100 billion, Flybe collapses

The coronavirus epidemic could rob passenger airlines of up to $113 billion in revenue this year, an industry body warned on Thursday, more than three times a projection it made just two weeks ago as the virus continues to spread around the world.



4 years ago

Exxon CEO sticks to spending targets despite oil downturn

Two years into an ambitious growth plan to revive earnings at the largest U.S. oil company, Exxon Mobil said on Tuesday it would stick to its spending plans even as its rivals trim costs.



4 years ago