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Updated: 59 min 30 sec ago

Florida to allow two cruise ships to dock after impasse, NBC reports

Thu, 02/04/2020 - 17:22
MIAMI - Florida officials have agreed to allow two Holland America Line cruise ships afflicted with the coronavirus to dock at a port in Fort Lauderdale, resolving a days-long impasse that drew the attention of President Donald Trump, NBC reported on Thursday.

Democrats delay presidential convention until August - Politico

Thu, 02/04/2020 - 17:10
U.S. Democrats have delayed their presidential nominating convention in Wisconsin by more than a month to Aug. 17, after the party's leading candidate, Joe Biden, said the massive gathering should be rescheduled amid the deadly coronavirus pandemic, news outlet Politico reported on Thursday.

Oil soars after Trump says Saudis and Russians to cut output

Thu, 02/04/2020 - 16:56
Oil prices soared on Thursday after U.S. President Donald Trump said he expects Russia and Saudi Arabia to announce a major oil production cut, and Saudi state media said the kingdom was calling an emergency meeting of oil producers to deal with the market turmoil.

Bank of England doubles size of corporate bond purchase programme

Thu, 02/04/2020 - 16:54
The Bank of England said on Thursday it will double the size of its corporate bond purchase programme to at least 20 billion pounds, part of a previously announced stimulus package to help the economy during the coronavirus crisis.

Pelosi to form bipartisan panel to oversee $2 trillion coronavirus relief

Thu, 02/04/2020 - 16:50
U.S. House of Representatives Speaker Nancy Pelosi said on Thursday she will form a bipartisan select committee on the coronavirus crisis to oversee the spending of $2 trillion (1.6 trillion pounds) Congress has approved to respond to the pandemic.

U.S. weekly jobless claims blow past 6 million as coronavirus lockdowns spread

Thu, 02/04/2020 - 16:46
The number of Americans filing claims for unemployment benefits shot to a record high of more than 6 million last week as more jurisdictions enforced stay-at-home measures to curb the coronavirus pandemic, which economists say has pushed the economy into recession.

Exclusive: UK's worst case coronavirus toll is 50,000 dead but UK is not on course for that - source

Thu, 02/04/2020 - 16:44
The British government's worst case scenario envisages a coronavirus death toll of 50,000 people if self isolation is not adhered to, but the United Kingdom is not right now on course for a toll of that scale, a source familiar with the government's emergency discussions said.

Bloomin' disaster - UK’s garden industry faces ruin from coronavirus crisis

Thu, 02/04/2020 - 16:02
Britain’s gardening industry could be destroyed by the coronavirus shutdown, growers have warned, with the horticulture sector potentially facing a total stock write-off unlike that of any other industry.

Spain's coronavirus deaths rise above 10,000, yet there's 'glimpse of hope'

Thu, 02/04/2020 - 15:18
Spain's death toll from the coronavirus rose above 10,000 on Thursday after a record 950 people died overnight, but health officials saw a glimmer of hope with the epidemic slowing in terms of proportional daily increases in infections and deaths.

Stuck at home and jobless, Americans confront growing costs of coronavirus

Thu, 02/04/2020 - 15:15
A record 6.6 million Americans filed for unemployment benefits last week, the U.S. government said on Thursday, after another four states told residents to stay at home in the latest signs of the human and economic cost of the coronavirus.

Florida reaches deal for two cruise ships to dock, passengers to disembark

Thu, 02/04/2020 - 15:15
WASHINGTON - A deal has been reached to allow two Holland America Line ships to dock in Florida and most of the 2,500 passengers on board to disembark, including foreign nationals, NBC News reported on Thursday, citing unnamed sources.

British Airways in union talks to suspend around 32,000 staff, scraps dividend

Thu, 02/04/2020 - 15:14
British Airways is in talks with its union about a plan to suspend around 32,000 staff, a person familiar with the situation said, marking one of the industry's most dramatic moves yet to survive the coronavirus pandemic.

Stocks drift as investors digest grim U.S. jobs data

Thu, 02/04/2020 - 14:58
World equity markets hovered between small gains and losses Thursday, as the death toll from the coronavirus pandemic continued to rise and economic pain deepened with another record week of jobless claims in the United States.

UK coronavirus death toll rises to 2,921, up 24% in a day

Thu, 02/04/2020 - 14:44
The United Kingdom's coronoavirus death toll rose 24 percent to 2,921 as of April 1.

How quarantine in my childhood home brought my family closer

Thu, 02/04/2020 - 14:38
When President Trump announced the ban on travel from Europe last month, I was more than 3,000 miles away from my Norwegian childhood home, a 24-year-old photographer creating a life of my own in New York City.

U.S. weekly jobless claims blow past 6 million mark

Thu, 02/04/2020 - 14:21
The number of Americans filing claims for unemployment benefits shot to a record high of more than 6 million last week as more jurisdictions enforced stay-at-home measures to curb the coronavirus pandemic, which economists say has pushed the economy into recession.

Lights, camera, audit: accountants grapple with remote company check-ups

Thu, 02/04/2020 - 13:51
As audit season begins for British companies, some auditors stuck at home in coronavirus lockdown are turning to cameras to check clients' inventories, plant and equipment for compiling annual accounts.

Exclusive: Hackers linked to Iran target WHO staff emails during coronavirus - sources

Thu, 02/04/2020 - 13:46
By Joseph Menn, Christopher Bing, Raphael Satter and Jack Stubbs

Elections, ties with China shaped Iran’s coronavirus response

Thu, 02/04/2020 - 13:18
Iranian authorities ignored warnings by doctors in late December and January of an increasing number of patients with high fevers and lung infections in the historic city of Qom, which turned out to be the epicentre of Iran’s coronavirus outbreak, said two health ministry officials, a former ministry official and three doctors.

Tone-deaf or tuned-in? Coronavirus epidemic proves a minefield for celebs

Thu, 02/04/2020 - 12:20
Taylor Swift is sending cash to some of her fans and Rihanna has donated $6 million to support people whose livelihoods have been upended by the coronavirus pandemic.