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RPT-UPDATE 1-BOJ reduces Japan stock ETF purchases after surge in March
The Bank of Japan reduced the amount of its Japanese stock buying on Wednesday, only weeks after boosting its annual target to a record high as part of a stimulus package to cushion the economy from the impact of the coronavirus.
[ reuters.com ] companyNews,U.S. lawmaker seeks inquiry into disappearance of Chinese journalists
A U.S. congressman is calling on the State Department to urge China to investigate the disappearance of three Chinese citizen journalists who sought to expose the impact of the coronavirus on the Chinese city of Wuhan.
[ reuters.com ] worldNews,Modern Love Podcast: In the Midst of the Coronavirus Pandemic, People Share Their Love Stories
How has coronavirus impacted relationships? People around the world answer.
[ nytimes.com ] Love (Emotion),UPDATE 1-BOJ reduces Japan stock ETF purchases after surge in March
The Bank of Japan reduced the amount of its Japanese stock buying on Wednesday, only weeks after boosting its annual target to a record high as part of a stimulus package to cushion the economy from the impact of the coronavirus.
[ reuters.com ] companyNews,Don Lemon fights back tears over Chris Cuomo's diagnosis
CNN's Don Lemon fought back tears talking about Chris Cuomo's coronavirus diagnosis after he prematurely ended his discussion with CNN senior global affairs analyst Bianna Golodryga about how the pandemic would impact renters and homeowners.
[ cnn.com ]UPDATE 1-Brazil's Vale says resumption of lost capacity could be slowed
Brazilian mining company Vale SA said on Tuesday it was at risk of postponing the resumption of lost production capacity due to possible coronavirus-related delays in inspections, assessments and authorizations but that existing output so far had seen little impact.
[ reuters.com ] companyNews,UPDATE 1-Caterpillar withholds salary increases to deal with pandemic fallout
Caterpillar Inc said on Tuesday it would withhold annual salary increases for senior executives, managers and salaried employees to contain costs due to the impact of the coronavirus epidemic on its business.
[ reuters.com ] companyNews,Top U.S. expert sees 'glimmers' social distancing dampening virus spread
The U.S. government's top infectious disease expert said on Tuesday there were "glimmers" that social distancing efforts to slow the spread of the coronavirus were having an impact, even though the nation was still in a very dangerous situation.
[ reuters.com ] healthNews,FIFA working on "Football Marshall plan" for virus impact
FIFA are working on the details of a "Football Marshall plan" to deal with the financial fall-out from the coronavirus pandemic, which will almost certainly result in them dipping into their $2.7 billion reserves.
[ reuters.com ] sportsNews,Dubai to support Emirates airline, closes tourist market to fight coronavirus
Dubai said on Tuesday it would help its state-run Emirates airline overcome the impact of the coronavirus outbreak and enforced a full lockdown on a district famous for its gold and spice markets.
[ reuters.com ] healthNews,Congress should wait to see whether more coronavirus action needed: McConnell
U.S. Senate Majority Leader Mitch McConnell on Tuesday said U.S. lawmakers should "wait and see" whether a fourth congressional effort was needed to respond to the nation's coronavirus outbreak and its impact.
[ reuters.com ] politicsNews,Imperial Oil cuts 2020 spending by 30% amid plunge in oil prices
Canadian oil and gas producer Imperial Oil Ltd said on Tuesday it would cut its full-year capital spending by 30% or C$500 million ($351.00 million) and will suspend share buybacks to cushion the impact of a plunge in oil prices.
[ reuters.com ] companyNews,Indonesia rolls out nearly $25 billion more spending for coronavirus
Indonesian President Joko Widodo declared a public health emergency over the coronavirus epidemic on Tuesday and said an additional $24.9 billion would be spent to cushion its impact on Southeast Asia's biggest economy.
[ reuters.com ] healthNews,UPDATE 4-China factory activity unexpectedly expands, but economy cannot shake off virus shock
* Businesses facing grim outlook on global spread of virus (Adds virus impact on Japan, S.Korea output)
[ reuters.com ] companyNews,South Africa's Standard Bank withdraws full-year guidance over virus uncertainty
Africa's largest lender, Standard Bank, on Tuesday withdrew its guidance for its upcoming financial year, citing the uncertainty around the impact coronavirus will have on its performance.
[ reuters.com ] companyNews,Wall St. gains as U.S. extends shutdown to limit virus spread
U.S. stocks rose on Monday as President Donald Trump followed last week's massive fiscal stimulus package by extending his stay-at-home guidelines, leaving investors hopeful the economic impact of the coronavirus could still be contained. A record $2.2 trillion in aid and policy easing from the Federal Reserve helped equities recover some of their losses last week, with the S&P 500 posting its biggest weekly percentage gain in over a decade and the Dow Jones <.DJI&
[ reuters.com ] topNews,U.S. FAA juggles air traffic staffing as flights plummet amid coronavirus
The Federal Aviation Administration is rejiggering staffing at air traffic control centers to respond to the dramatic falloff in flights and to reduce the impact of coronavirus cases.
[ reuters.com ] businessNews,Wall Street rallies, led by healthcare jump
U.S. stocks rose on Monday, led in part by healthcare stocks as investors looked for shares that have become cheap and can withstand the impact to the economy from efforts to stem the spread of the coronavirus.
[ reuters.com ] businessNews,Apple supplier Foxconn's profit down 24% in last quarter of 2019
Taiwanese electronics manufacturer Foxconn reported a 23.7% fall in profit in the last three months of 2019 on Monday as it braces for the impact from the coronavirus pandemic that has hit demand from key customers such as Apple.
[ reuters.com ] companyNews,Wall St. gains as investors weigh stimulus against shutdown
Wall Street rose on Monday as President Donald Trump followed last week's massive fiscal stimulus package by extending his stay-at-home guidelines, leaving investors hopeful that the economic impact of the coronavirus could still be contained.
[ reuters.com ] businessNews,