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Italy poised to lock down Lombardy after coronavirus jump

Italy is set to impose a virtual lockdown on its wealthiest and most populous region, which includes the financial capital Milan, as part of tough new measures to try to contain the coronavirus outbreak.



5 years ago

Trump: No promises regarding steel and aluminum tariffs on Brazil

President Donald Trump praised the United States' relationship with Brazil under Brazilian President Jair Bolsonaro on Saturday, but declined to say whether he would impose steel and aluminum tariffs on the South American country.



5 years ago

Another victim of coronavirus: Spain's religious statue-kissing

A Spanish pre-Easter tradition, where Catholics flock in droves to kiss statues of Jesus and Mary, fell victim to the coronavirus epidemic this week as churches with some of the most sought-after statues told worshippers not to touch or kiss them.



5 years ago

Thyssenkrupp shares hit record low as investor faith dwindles

Thyssenkrupp shares hit a record low on Friday, prompting its finance chief to come out and defend the ailing conglomerate which must convince investors that it can earn cash following the sale of its elevator division.



5 years ago

Bank of America splitting trading staff amid coronavirus concerns: source

Bank of America Corp is splitting its trading staff with about 100 employees working out of the Stamford location effective Monday, according to a source familiar with the matter.



5 years ago

Telecom Italia fined 116 million euros for broadband market abuse

Italy's competition watchdog said on Friday it had fined former phone monopoly Telecom Italia (TIM) 116 million euros ($131 million) for abusing its dominant position in the broadband market in an attempt to obstruct the entrance of rivals.



5 years ago

Coronavirus infects more than 100,000 worldwide, wreaking financial havoc

The number of people infected with coronavirus surpassed 100,000 across the world on Friday as the outbreak reached more countries and intensified economic damage, with business districts beginning to empty and stock markets tumbling.



5 years ago

Goldman ranks as top activism defense firm, beating Morgan Stanley

Goldman Sachs ranked as the top adviser to companies targeted by activist investors in 2019, dethroning Morgan Stanley , which had held the top spot for three straight years, according to Refinitiv data published on Friday.



5 years ago

Italy coronavirus deaths near 200 after biggest daily jump

The death toll from an outbreak of coronavirus in Italy has risen by 49 to 197, the Civil Protection Agency said on Friday, the largest daily increase in fatalities since the contagion was uncovered two weeks ago.



5 years ago

France says it now has 613 confirmed cases of coronavirus

France has 613 confirmed cases of coronavirus, the head of the public health service, Jerome Salomon, said on Friday, which is an increase of 190 compared to a day earlier.



5 years ago

Investors flee Wall Street, seek shelter in bonds

U.S. stock indexes tumbled on Friday as fears of economic damage intensified with the global tally of coronavirus cases crossing 100,000, sending investors scurrying to the safety of bonds.



5 years ago

Saudi Arabia suspends public attendance at sports events until further notice

The Saudi ministry of sports announced on Friday it will suspend public attendance at all sports events starting Saturday, a statement from the ministry reported.



5 years ago

Colombia has confirmed first case of coronavirus: health ministry

Colombia confirmed its first case of coronavirus on Friday, joining other South American countries already reporting cases of the fast-spreading disease.



5 years ago

Canada's tourism industry 'deeply affected' by virus outbreak: minister

The outbreak of the new coronavirus is hammering Canada's tourism industry, a senior government official said on Friday, as the number of visitors from China plummeted and after the cancellation of a major technology convention.



5 years ago

Austria introducing 'spot' health checks at Italian border

Austria is introducing "spot" health checks at its border with Italy for two weeks as of next week in response to the coronavirus outbreak, in which Italy is the hardest-hit country in Europe, Chancellor Sebastian Kurz said on Friday.



5 years ago