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Markets

Nike to close all stores in US and several other countries

Nike Inc is closing all of its stores in the United States and several other countries in a move to curb the spread of coronavirus, CNBC reported https://www.cnbc.com/2020/03/15/nike-is-closing-all-of-its-stores-in-the-us-because-of-coronavirus.html?__source=twitterper cent7Cmain on Sunday.

Markets

Germany tries to stop US from luring away firm seeking coronavirus vaccine

Berlin is trying to stop Washington from persuading a German company seeking a coronavirus vaccine to move its research to the United States, prompting German politicians to insist no country should have a monopoly on any future vaccine.

Markets

Nike to close all stores in US, several other countries – CNBC

Nike Inc is closing all of its stores in the United States and several other countries in a move to curb the spread of coronavirus, CNBC reported https://www.cnbc.com/2020/03/15/nike-is-closing-all-of-its-stores-in-the-us-because-of-coronavirus.html?__source=twitterper cent7Cmain on Sunday.

Markets

Haven assets losing their mojo in virus-stricken market

A rush to safety amid a massive drop in stocks has stretched prices for haven assets, leaving investors fewer places to hide in the wake of a freshly-minted bear market.

Markets

Aramco to cut capital spending over coronavirus; 2019 profits plunge

Saudi Aramco on Sunday said it plans to cut capital spending in the wake of the coronavirus outbreak, as it posted a 21per cent decline in 2019 net profit due to a drop in oil prices and production, its first earnings announcement as a listed company.

Markets

Saudi Aramco to cut capital spending in 2020, posts drop in 2019 profit

Saudi Aramco on Sunday said it plans to cut capital spending in the wake of the coronavirus outbreak, as it posted a 21per cent decline in 2019 net profit due to a drop in oil prices and production, its first earnings announcement as a listed company.

Markets

Israel to use anti-terror tech to counter coronavirus ‘invisible enemy’

Israel plans to use anti-terrorism tracking technology and a partial shutdown of its economy to minimise the risk of coronavirus transmission, Prime Minister Benjamin Netanyahu said on Saturday.

Markets

US-China trade truce at risk as virus hits global economy

A hard-won trade war truce between the US and China is at risk as the coronavirus pandemic rocks the global economy, making it tough for Beijing to fulfil its commitments.

Markets

American Airlines cutting international flights by 75per cent amid demand collapse

Delta Air Lines plans to scale back more flights after the United States expanded travel restrictions to Britain and Ireland, it said, and Southwest Airlines was moving toward its first flight cuts as the spreading coronavirus saps demand.

Markets

Apple, some US retailers close stores to contain virus

Apple Inc said it is closing all its retail stores, except those in Greater China, for the next two weeks to minimize the risk of coronavirus transmission, a move that was followed by several U.S. retailers on Saturday.

Markets

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