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Updated: 1 hour 43 min ago

UK opens new hospital erected in conference centre to fight coronavirus

Fri, 03/04/2020 - 10:47
A new hospital, built in under two weeks in a conference centre in London to provide thousands of extra beds to treat those who have contracted coronavirus, will open its doors on Friday.

As Japan coronavirus cases rise, Tokyo nudges PM Abe to declare state of emergency

Fri, 03/04/2020 - 10:07
Tokyo Governor Yuriko Koike said on Friday that Japan declaring a national state of coronavirus emergency would send a "strong message" that could help dodge an explosive outbreak, her most explicit nudge so far for the government to make the call.

FTSE 100 on track for weekly loss, insurers slide on dividend woes

Fri, 03/04/2020 - 10:06
UK's FTSE 100 was on course for its fifth weekly decline in six on Friday as insurers tumbled after their European Union counterparts were asked to suspend dividend payments to weather the economic hit from the coronavirus pandemic.

European stocks sink as pandemic hits business, oil prices grind higher

Fri, 03/04/2020 - 09:44
European stock markets sank on Friday, erasing meagre gains for the week, as more companies flagged a hit to business from the coronavirus pandemic while oil prices extended their previous day's gains on hopes of a global supply cut.

European shares dip on more corporate pain from coronavirus

Fri, 03/04/2020 - 09:42
European stock markets headed lower on Friday, erasing meagre gains for the week, as more companies flagged a hit to business from the coronavirus pandemic, foreshadowing a deeper earnings recession ahead of the reporting season.

UK firms fall deeper into record-breaking slump - March PMIs

Fri, 03/04/2020 - 09:40
A record-breaking slump among Britain's services and manufacturing firms deepened in late March with much of the economy in a shutdown to slow the spread of coronavirus, a survey showed on Friday.

Sainsbury's to remove most customer purchasing limits

Fri, 03/04/2020 - 08:58
British supermarket group Sainsbury's said on Friday it would start to remove the customer purchasing limits it imposed to prevent coronavirus stockpiling as customers start to buy just what they need.

Coronavirus could trigger biggest fall in carbon emissions since World War Two

Fri, 03/04/2020 - 06:29
Carbon dioxide emissions could fall by the largest amount since World War Two this year as the coronavirus outbreak brings economies to a virtual standstill, according to the chair of a network of scientists providing benchmark emissions data.

Australia closes internal borders to capitalise on fall in new coronavirus cases

Fri, 03/04/2020 - 06:20
Australian officials closed internal borders on Friday and warned people to stay home over the upcoming Easter holiday as the country seeks to capitalise on a further fall in the rate of new coronavirus cases.

Australia says true coronavirus infections could be as high as 10 million cases

Fri, 03/04/2020 - 06:19
As many as 10 million people globally may have been infected by the new coronavirus, Australia's chief medical officer said on Friday, with the under-reporting due to a lack of testing in some countries for the highly contagious respiratory disease.

Airline industry braces for lengthy recovery from coronavirus crisis

Fri, 03/04/2020 - 05:49
International seat capacity has dropped by almost 80% from a year ago and half the world's airplanes are in storage, new data shows, suggesting the aviation industry may take years to recover from the coronavirus pandemic.

Explainer - How the coronavirus crisis is affecting food supply

Fri, 03/04/2020 - 05:22
The coronavirus pandemic has disrupted global food supplies and is causing labour shortages in agriculture worldwide.

Two cruise ships dock in Florida after coronavirus ordeal

Fri, 03/04/2020 - 05:08
An ocean liner forced by a deadly onboard coronavirus outbreak to languish at sea since mid-March pulled into a South Florida port on Thursday, after authorities settled plans for the vessel and its sister ship to dock and most passengers to come ashore.

Oil, shares slip on doubts over Saudi-Russia deal

Fri, 03/04/2020 - 04:46
Oil prices retreated on Friday after massive gains, while stocks in Asia edged down, as doubts grew over an oil price deal between Saudi Arabia and Russia that U.S. President Donald Trump said he had brokered.

As coronavirus cases rise, Japan urges hospital beds be saved for the severely ill

Fri, 03/04/2020 - 04:43
The Japanese government said on Friday it has told regions that have suffered the most serious outbreaks of coronavirus to save hospitals beds for severely ill patients, while keeping others with milder or no symptoms at home or in hotels.

Airline industry braces for prolonged recovery from coronavirus crisis

Fri, 03/04/2020 - 04:00
International seat capacity has dropped by almost 80% from a year ago and half the world's airplanes are in storage, new data shows, suggesting the aviation industry may take years to recover from the coronavirus pandemic.

Do social distancing better, White House doctor tells Americans. Trump objects

Fri, 03/04/2020 - 03:36
Dr. Deborah Birx, the coordinator of the White House task force on the coronavirus, had a message for Americans on Thursday: do better at social distancing. President Donald Trump didn't like the message.

Americans urged to wear masks outside as coronavirus pandemic worsens

Fri, 03/04/2020 - 03:09
The Trump administration on Thursday looked set to join local officials in advising Americans to wear masks when venturing out during the still-exploding coronavirus pandemic, as the U.S. death toll rose by 1,000 in a single day for the first time.

Sterling to regain some lost ground but forecasts slashed: Reuters poll

Fri, 03/04/2020 - 02:22
Britain's pound will have regained some of its lost ground against the dollar in a year but forecasts in a Reuters poll were slashed from a month ago as the coronavirus pandemic continues to wreak havoc globally.

Irish services sector suffers record collapse in March - PMI

Fri, 03/04/2020 - 02:03
Activity in the Irish services sector collapsed in March, a survey showed on Friday, marking its sharpest monthly decline on record and leaving little doubt that the economy was headed for recession as the coronavirus pandemic hammers business.

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