India inflation likely fell to a three month low in February: Reuters poll

Economy12 hours ago (Mar 09, 2020 12:21AM ET) By Tushar Goenka BENGALURU (Reuters) – India’s retail inflation likely cooled from recent highs to a three month low in February, due to moderating food prices, but remained above the Reserve Bank…

Airport passenger traffic in Asia-Pacific set to plunge 24% in first quarter – industry group

Economy12 hours ago (Mar 08, 2020 11:46PM ET) SYDNEY (Reuters) – Airport passenger traffic in the Asia-Pacific region is expected to take a 24% hit in the first quarter from the coronavirus, leading to a $3 billion decline in airport…

Investor fears rise over recession, bear market as coronavirus spreads in U.S.

Economy13 hours ago (Mar 08, 2020 11:06PM ET) By Megan Davies NEW YORK (Reuters) – The words “bear market” and “recession” are being used with increasing frequency as investors try to assess how badly the coronavirus outbreak will damage global…

U.S. Shows China Patience on Purchases If Trade Gap Doesn’t Grow

Economy10 hours ago (Mar 09, 2020 01:46AM ET) (Bloomberg) — Terms of Trade is a daily newsletter that untangles a world threatened by trade wars. Sign up here. The U.S. is willing to show China some flexibility on its pledges…

Two more succumb to coronavirus in U.S., New York declares state of emergency

By Jonathan Allen and Kevin Donnellan (Reuters) – Two more people succumbed to the novel coronavirus in Washington state, officials said on Saturday, bringing the nationwide toll to 19, while the number of confirmed cases in New York jumped by…

Lebanon hopes debt talks could be wrapped up within nine months: minister

Economy9 hours ago (Mar 08, 2020 02:12PM ET) (C) Reuters. Lebanon’s Prime Minister Hassan Diab speaks during a televised address to the the nation at the governmental palace in Beirut BEIRUT (Reuters) – Negotiations to restructure Lebanon’s foreign currency debt…

Watch Now: Here’s What Will Move Markets This Week – March 8 (Video)

Sign In/Free Sign Up 0 Economy14 hours ago (Mar 08, 2020 08:50AM ET) Investing.com – Our Senior Analyst Jesse Cohen gives us his top five things to know in financial markets in the week ahead, including:…

ECB tells staff to work from home in coronavirus test

Economy15 hours ago (Mar 08, 2020 08:06AM ET) (C) Reuters. ECB tells staff to work from home in coronavirus test FRANKFURT (Reuters) – The European Central Bank has told most of its over 3500 staff to work from home on…

UK’s Sunak looking at ways to relax spending limit

Economy15 hours ago (Mar 08, 2020 08:04AM ET) (C) Reuters. FILE PHOTO: Newly appointed Britain’s Chancellor of the Exchequer Rishi Sunak leaves Downing Street in London By William Schomberg and Kylie MacLellan LONDON (Reuters) – British finance minister Rishi Sunak,…

IKEA reopens nine more stores in China

Economy16 hours ago (Mar 08, 2020 07:33AM ET) (C) Reuters. Clean worker wearing a face mask drives past a closed IKEA store in Beijing LONDON (Reuters) – IKEA, the world’s biggest furniture brand, is reopening nine of its stores in…

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