Page 1348 - Reuters

COVID-19 panic-buying: Factories re-orient ops as US supermarkets run dry

Retailers have warned that hoarding toilet paper, cleaning supplies and food staples was fueling shortages and stoking fear

Global stocks plunge, dollar slides as Fed's emergency cut spooks investors

US stock futures plunged 4.8% to hit their downlimit before daybreak in Singapore. The dollar sank more than 2% against the yen

US dollar falls after Federal Reserve cuts interest rates to near zero

The US Federal Reserve cut rates to a target range of 0% to 0.25% and said it would expand its balance sheet by at least $700 billion in coming weeks

French local election exit poll puts Socialist Paris mayor in lead

Hidalgo with 30% was ahead of Dati on 22% and Agnes Buzyn from President Emmanuel Macron's La Republique en Marche party in third with 17.7%, according to the exit poll

Fed slashes rates in emergency coronavirus move; US death toll hits 62

Policymakers were not due to hold their next interest-rate setting meeting until March 17-18.

Goldman Sachs downgrades US growth forecast for Q1, Q2 due to coronavirus

In a note sent on Sunday, the US bank said it now sees real gross domestic product growth of 0% in the first three months of the year, from its original estimate of 0.7% expansion

Donald Trump congratulates US Fed for rates cut, calls action 'terrific'

US President Donald Trump congratulated the central bank for taking further action aimed at helping shore up the US economy

White House urges Americans not to hoard as coronavirus death toll hits 62

Panic buying has prompted Walmart and other stores to limit hours so they have time to restock and sanitize

Coronavirus impact: New Zealand's central bank cuts interest rate to 0.25%

The unexpected move came ahead of its scheduled policy decision meeting on March 25.

Oil giants set health checks for critical staff, work-from-home rules

BP, Exxon Mobil, Kinder Morgan, Motiva Enterprises and Royal Dutch Shell told most office staff to work from home starting Monday.

Saudi Aramco to cut capital spending over coronavirus; 2019 profits plunge

The 21% decline in net profit for last year means it fell short of analysts' forecasts for the period that culminated in the share sale, months before the coronavirus pandemic became a factor for oil

Investors prepare for more market swings as coronavirus spreads in US

The United States has in recent days received a taste of the types of disruptions that the virus has wrought in other countries, including Italy and South Korea.

French voters shun polls, enjoy sunshine despite coronavirus restrictions

Authorities said on Saturday that 91 people had died of the virus and more than 4,500 were infected, including 300 who were in intensive care.

Former China exec missing after calling Xi a 'clown' over COVID-19 handling

Ren's disappearance comes as censorship over how local media and online users discuss the epidemic has tightened in recent weeks

Trump tests negative for coronavirus, extends travel ban to UK, Ireland

Trump met with a Brazilian delegation last week, at least one member of which has since tested positive

Coronavirus: Doctors and insurers urge patients to get medicine on hand

The US Centers for Disease Control and Prevention also says people should have extra medicine available.

Healthier diet tied to higher sperm count among young men: Study

A normal sperm count can range from 15 million to 200 million sperm per millilitre of semen.

Brazil President Jair Bolsonaro to be tested again for coronavirus

The test will be done early next week in order to rule out any chance the president has the virus

Coronavirus: How the longest bull run in history ended in pandemic panic

The shock had turned worry about the coronavirus to full-blown panic, wiped trillions of dollars from Asian stocks and sent futures for European and US markets plunging.

Bill Gates steps down from Microsoft board; former AmEx CEO to replace him

Berkshire knows Chenault well, having long been American Express' largest shareholder, and ending 2019 with an 18.7% stake in the travel and financial services company.