Investors flee Wall Street, seek shelter in bonds
U.S. stock indexes tumbled on Friday as fears of economic damage intensified with the global tally of coronavirus cases crossing 100,000, sending investors scurrying to the safety of bonds.
U.S. stock indexes tumbled on Friday as fears of economic damage intensified with the global tally of coronavirus cases crossing 100,000, sending investors scurrying to the safety of bonds.
The Saudi ministry of sports announced on Friday it will suspend public attendance at all sports events starting Saturday, a statement from the ministry reported.
Colombia confirmed its first case of coronavirus on Friday, joining other South American countries already reporting cases of the fast-spreading disease.
The outbreak of the new coronavirus is hammering Canada's tourism industry, a senior government official said on Friday, as the number of visitors from China plummeted and after the cancellation of a major technology convention.
Austria is introducing "spot" health checks at its border with Italy for two weeks as of next week in response to the coronavirus outbreak, in which Italy is the hardest-hit country in Europe, Chancellor Sebastian Kurz said on Friday.
Brent suffered its biggest one-day loss in more than 11 years on Friday after Russia balked at OPEC's proposed steep production cuts to stabilize prices as the coronavirus outbreak slows the global economy and hurts energy demand.
Mastercard Inc closed its office in Sao Paulo and an annex location near its headquarters in New York after an employee was diagnosed with coronavirus.
Canada's official guidance on the novel coronavirus has been to test patients who recently traveled to affected areas, but some doctors and hospitals have expanded testing on their own, finding the first in a series of patients linked to Iran before the scale of the Iranian outbreak was known.
U.S. stock indexes tumbled on Friday as fears of economic damage intensified with the global tally of coronavirus cases crossing 100,000, sending investors scurrying to the safety of bonds.
France will close nurseries and schools for 15 days from Monday in the two areas most hit by coronavirus infections, one north of Paris and the other in the northeastern part of the country, its prime minister said on Friday.
Iraq reported eight new coronavirus cases on Friday, 5 in Baghdad, 2 in Sulaimaniya and one case in Karbala, state news agency reported quoting health ministry.
The United Nations has canceled some meetings in Bonn, Germany, and elsewhere planned in the run-up to a crucial U.N. climate summit to be held in Glasgow, Scotland, in November due to the coronavirus outbreak, an official said on Friday.
Iraq reported a death by coronavirus in the city of Karbala, bringing total death count by coronavirus to three in the country, state news agency reported on Friday.
Colombia confirmed its first case of coronavirus on Friday, joining other South American countries that have reported cases of the fast-spreading disease.
Tesla Inc's Chief Executive Officer Elon Musk tweeted on Friday that the coronavirus "panic" was "dumb".