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Fruit and veg could get scarcer in Europe as virus bites

Major suppliers say fruit and vegetables could get scarcer in Europe as supply chains struggle and pickers fail to turn up. Julian Satterthwaite reports......»»

Category: videoSource: reutersMar 26th, 2020

Europe Markets: European rally from mid-March lows continues after China data, slowing growth in new virus cases

European stocks were on track for their seventh gain in nine sessions on Tuesday, rising on the belief that the worst from the economic fallout from the coronavirus outbreak is in sight if still to come......»»

Category: topSource: marketwatchMar 31st, 2020

World trade hit by virus sees worst collapse in a generation

The global economy’s most abrupt and consequential shock in at least a generation is unfolding at ports and other hubs of international commerce as the U.S. and Europe struggle to contain the coronavirus pandemic......»»

Category: topSource: moneycentralMar 26th, 2020

Europe Markets: European stocks and U.S. futures jump amid tentative signs of Italy curbing virus spread

European stocks rose on Tuesday amid tentative signs that the coronavirus spread is slowing in Italy, one of the worst-hit countries, as negotiations continued on a U.S. stimulus package......»»

Category: topSource: marketwatchMar 24th, 2020

UK, Europe & IMF Ramp Up Pressure For Trump To Ease Sanctions On Virus-Ravaged Iran

UK, Europe & IMF Ramp Up Pressure For Trump To Ease Sanctions On Virus-Ravaged Iran R.....»»

Category: blogSource: zerohedgeMar 24th, 2020

Facebook to cut video streaming quality in virus-hit Europe

Facebook will downgrade video streaming quality on its platform and on Instagram in Europe, the latest U.S. tech giant to respond to an EU call to stave off internet gridlock as thousands work from home due to the coronavirus outbreak......»»

Category: topSource: reutersMar 22nd, 2020

Netflix to slash traffic across Europe to relieve virus strain on internet providers

Netflix Inc said it will cut traffic by 25% on networks across Europe in a relief measure for internet service providers (ISPs) experiencing a surge in usage due to government "shelter in place" orders aimed at slowing the coronavirus outbreak......»»

Category: topSource: reutersMar 22nd, 2020

Factbox: Latest on the spread of the coronavirus around the world

The world's richest nations poured unprecedented aid into the global economy as coronavirus cases ballooned in the new epicentre, Europe, with deaths in Italy outstripping those in mainland China, where the virus originated......»»

Category: topSource: reutersMar 20th, 2020

Coronavirus deaths in Italy overtake China as economic damage mounts

The world's richest nations poured unprecedented aid into the global economy on Thursday as coronavirus cases ballooned in the new epicentre Europe, with the number of deaths in Italy outstripping those in mainland China, where the virus originated......»»

Category: topSource: reutersMar 19th, 2020

Rich world pumps aid as coronavirus deaths in Italy overtake China

The world's richest nations poured unprecedented aid into the global economy on Thursday as coronavirus cases ballooned in the new epicentre Europe, with the number of deaths in Italy outstripping those in mainland China where the virus originated......»»

Category: topSource: reutersMar 19th, 2020

Rich world pumps aid to fight virus, Britain latest to face lockdown

The world's wealthiest nations poured unprecedented aid into the reeling global economy on Thursday as coronavirus cases ballooned in the current epicentre Europe and London became the latest major center bracing for lockdown......»»

Category: topSource: reutersMar 19th, 2020

Governments scramble to prop up airlines as virus forces more flight, job cuts

Australia and Taiwan joined governments offering financial aid to airlines, while authorities in Europe rushed on Wednesday to agree steps to rescue carriers which have had to park planes and cut jobs as the coronavirus puts the brake on travel......»»

Category: topSource: reutersMar 18th, 2020

Japanese automakers close more plants in Europe, Asia due to virus

Japanese automakers on Wednesday said they would temporarily close more vehicle plants in Europe and Asia as the spread of the coronavirus prompts countries to instruct non-essential businesses to suspend operations......»»

Category: topSource: reutersMar 18th, 2020

Unions urge Airbus to extend output freeze due to virus fears

French unions are urging Airbus to keep its French factories closed beyond March 23, when it plans to resume production after a four-day shutdown, raising questions over the knock-on impact on plants elsewhere in Europe......»»

Category: topSource: reutersMar 18th, 2020

Volkswagen to close Europe plants for two weeks

Volkswagen says there is uncertainty about demand for cars and supplies of parts amid the virus outbreak.....»»

Category: topSource: foxnewsMar 17th, 2020

What to Know About Recessions, as Virus Threatens One

The rapidly spreading coronavirus threatens the health of world economies, too. The odds of a U.S. recession within the next year are at the highest level since the end of the last downturn in 2009. Germany, the economic engine of Europe, and the.....»»

Category: topSource: washpostMar 16th, 2020

Deutsche Bank To Split Teams Globally Amid Virus Crisis

Deutsche Bank To Split Teams Globally Amid Virus Crisis As Europe and the US wake up to a world in lockdown and Covid-19 cases and deaths surge, Deutsche Bank will.....»»

Category: blogSource: zerohedgeMar 16th, 2020

Airlines plead for state relief after virus shreds travel

Airlines in the U.S. and Europe cut flights, idled planes and drafted plans to eliminate jobs, while seeking government support to weather the roughest downturn in the industry’s history caused by the coronavirus......»»

Category: topSource: moneycentralMar 15th, 2020

Demand dives at apparel retailers as virus-wary shoppers stay home

As virus-wary shoppers stayed home in the United States and Europe, apparel retailers braced for a blow to sales and a potential inventory glut. Some slashed orders at garment factories while others began discounting merchandise......»»

Category: topSource: reutersMar 13th, 2020

Gap sees 2020 profit above estimates, flags $100 mln virus hit to sales

Gap Inc leaned on its turnaround plan to forecast 2020 profit above market expectations on Thursday, but flagged a $100 million sales hit in Asia and Europe from the coronavirus, which has also started impacting its home market......»»

Category: topSource: reutersMar 12th, 2020

Europe stocks suffer biggest daily drop ever on virus fears

European markets p.....»»

Category: topSource: moneycentralMar 12th, 2020