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: EasyJet lands $1.87 billion state-backed loan as it looks to ease COVID cash crunch
Renewed COVID-19 lockdowns have heaped more pressure on already struggling airlines......»»
China’s Crackdown on Alibaba and Ant Drive $200 Billion Tech Selloff
Once hailed as the standard-bearers of China’s economic and technological ascendancy, Alibaba and its compatriots now face increasing pressure from regulators worried about the speed with which they’re amassing clout Ali.....»»
Gap warns of a cash crunch, suspends paying rent
Gap warned on Thursday it may not survive the next 12 months intact and would need to borrow more funds in the face of widespread coronavirus shutdowns that have crippled the business of clothing retailers globally......»»
As coronavirus causes cash-flow crunch, Central Ohio craft brewers face SBA loan tab of $11.8 million
Central Ohio craft brewers have $11.8 million in active loans, but incoming federal assistance has owners breathing at least a little easier......»»
U.S. excludes some Chinese medical products from tariffs
The U.S. Trade Representative's office said it granted on Thursday exclusions from import tariffs for some medical products imported from China, including face masks, stethoscope covers and blood pressure cuff sleeves......»»
Why China Sales Are Wrecking Ford Stock
Ford may face its worst year in a decade as coronavirus spreads around the world. The U.S. market may be difficult, but it is China that could erode the numbers at a frightful level......»»
Fed faces fresh pressure to act, boosts repo operations
The Federal Reserve lifted the amount of temporary cash it’s willing to provide markets as pressure intensifies for the U.S. central bank to tackle the risk of a worldwide credit crunch. The Federal... To view the full story, click the title link......»»
Market Extra: Here’s how investors say policymakers could help businesses survive a coronavirus cash crunch
Market participants are wondering what measures that policymakers could take to ameliorate pressure on corporations facing a potential cash crunch......»»
Ford and GM Face Their Worst Year in a Decade
General Motors and Ford may face their worst year in a decade as coronavirus spreads around the world. While the U.S. market may be difficult for them, it is China that could erode their numbers at a........»»
Trump administration exempts face masks and medical gowns from import tariffs as coronavirus spreads
U.S. trade officials have exempted medical gowns, protective masks and other healthcare products made in China from trade-war-related import tariffs as demand soars amid the coronavirus crisis......»»
Explainer: Why automakers are on a drive to sell electric cars in Europe
Carmakers are under pressure in Europe to sell more electric cars or face huge fines for breaching new emissions rules aimed at tackling global warming......»»
Factbox: U.S. business forecasts earnings pressure as coronavirus spreads
As the coronavirus epidemic spreads in China and beyond, U.S. companies will see profits stagnate in 2020, according to a Goldman Sachs report......»»
Dow craters over 1,000 points as coronavirus spreads
U.S. equity markets were under severe pressure Monday morning following a surge in the number of coronavirus cases outside China......»»
Dow craters almost 1,000 points as coronavirus spreads
U.S. equity markets were under severe pressure Monday morning following a surge in the number of coronavirus cases outside China......»»
Workers at 6 US hospitals reveal how they respond to potential coronavirus cases — including face shields and negative-pressure isolation chambers
Athit Perawongmetha/Reuters A new coronavirus that originated in Wuhan, China has infected a dozen people in the US. Staff at six US hospitals told Business Insider how they are handling potential coronavirus pa.....»»
China central bank unexpectedly cuts reverse repo rates to help economy as virus spreads
China's central bank unexpectedly lowered the interest rates on reverse repurchase agreements by 10 basis points on Monday, as authorities stepped up measures to relieve pressure on the economy from a rapidly spreading virus outbreak......»»
Photos show hundreds of people queuing up for face masks across Asia, as coronavirus spreads
Getty As the Wuhan coronavirus continues to grip several countries across Asia, hundreds of people are queueing up in front of hospitals and pharmacies to buy face masks. Locals in Singapore, Hong Kong, and China are taking to social media to sh.....»»
Market Snapshot: U.S. stock futures tumble as China coronavirus spreads, worries escalate
Wall Street is braced for losses at the start of the weekend amid deepening worries over China’s coronavirus,with the death toll and the number of infected soaring. That’s as markets kick off a huge week for earnings......»»
As Coronavirus Spreads, Sensitive China, US, Global Economies Face Great Risks
The Wuhan Coronavirus has escaped China, with the number of cases and the death toll rising. The economic impact beyond the loss of life and suffering is real in many stocks, sectors and local........»»
Metals Stocks: Gold prices retreat as coronavirus threatens China buying
Gold futures on Tuesday trade lower, facing pressure as one of the commodity’s biggest buyers face a viral outbreak that could hurt buying of physical gold at a peak holiday period......»»