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Seattle hit as coronavirus wallops US, global airlines with $5B impact

Passenger airlines had planned to increase flights to China. Now carriers are slashing capacity......»»

Category: topSource: bizjournalsFeb 14th, 2020

Airlines To Feel $29 Billion Revenue Impact From Coronavirus

The near-total shutdown of air travel in and out of China because of the coronavirus will result in a 4.7% contraction in global traffic and deprive glob.....»»

Category: earningsSource: benzingaFeb 20th, 2020

IAG CEO says coronavirus impact on air travel demand will be marginal

The chief executive of International Airlines Group (IAG) said he believes the overall impact of coronavirus on global air travel demand will be marginal......»»

Category: topSource: reutersFeb 5th, 2020

Markets underprice coronavirus risk: UBS chairman on Bloomberg TV

Markets are underpricing the risk that the coronavirus outbreak poses to the global economy, and central banks need to help business survive the impact of the virus, the chairman of Swiss lender UBS , Axel Weber, said......»»

Category: topSource: reutersFeb 22nd, 2020

Stocks end lower, post weekly loss, as coronavirus spread fans fears of global slowdown

Stocks ended broadly lower Friday, leaving major indexes with weekly losses. Analysts tied weakness to worries about the spread of COVID-19 outside China and the potential impact on global economic growth and supply chains. The Dow Jones Industria.....»»

Category: topSource: marketwatchFeb 21st, 2020

Market Snapshot: U.S. stocks slump, ending two week win streak, led by tech sector as coronavirus worries ratchet higher

U.S. stocks slumped Friday, ending a two week win streak, as the spread of the COVID-19 epidemic from China to neighboring countries amplified worries about the impact on supply chains and global economic growth......»»

Category: topSource: marketwatchFeb 21st, 2020

Dr. Doom warns coronavirus will shock Chinese economy

Nouriel Roubini warns the coronavirus outbreak will have a big impact on the global economy......»»

Category: topSource: foxnewsFeb 21st, 2020

Coronavirus set to top agenda at G20 meet

The impact of the new coronavirus outbreak on global growth will be a key issue at this weekend’s meeting of G20 finance leaders. Ciara Lee reports.....»»

Category: videoSource: reutersFeb 21st, 2020

Coronavirus may slash $29 billion from airlines" revenue

Global air traffic will be reduced by 4.7 percent for the year.....»»

Category: topSource: foxnewsFeb 21st, 2020

Wall St. eases, led by tech decline on mounting fears coronavirus could spread

U.S. stocks fell on Thursday, led by declines in technology heavyweights, after reports of new coronavirus cases in China and other countries intensified fears over its spread and impact on the global economy......»»

Category: topSource: reutersFeb 20th, 2020

Amid demand plummets linked to the coronavirus, airlines project that this could be their worst year since the global financial crisis

Athit Perawongmetha/Reuters The coronavirus could cause the global airline industry to shrink for the first time since the global financial crisis of 2008 and 2009, an industry trade group warned on Thursday. .....»»

Category: topSource: businessinsiderFeb 20th, 2020

Airlines To Feel $29 Billion Revenue Impact From Coronavirus

The near-total .....»»

Category: blogSource: benzingaFeb 20th, 2020

How Large Option Traders Are Playing Expedia Amid Coronavirus Fears

Travel stocks have been volatile in recent weeks due to uncertainties surrounding the potential impact of the COVID-19 coronavirus outbreak on global travel. read more.....»»

Category: blogSource: benzingaFeb 20th, 2020

S&P 500, Nasdaq set to retreat from record highs as virus fears build

U.S. stock indexes were set to open slightly lower on Thursday as a spike in the number of coronavirus cases outside China raised concerns about the global impact of the epidemic, while E*Trade Financial soared on a buyout offer from Morgan Stanley......»»

Category: topSource: reutersFeb 20th, 2020

Global Stocks Mixed As China Takes More Economic Measures To Tackle Coronavirus Outbreak

Markets in Asia and the European Union traded in a mix on Thursday as the spread of the novel coronavirus in China seemed to be slowing down with the People's Bank of China taking further measures to reduce the economic impact. read more.....»»

Category: blogSource: benzingaFeb 20th, 2020

US futures point to slightly higher open after new record highs on Wall Street

U.S. stock index futures are pointing to a slightly higher open on Wall Street Thursday morning after closing at fresh record highs, as investors continue to monitor the global economic impact of the coronavirus outbreak......»»

Category: topSource: moneycentralFeb 20th, 2020

Coronavirus fallout: Study says people aren"t downloading flight and hotel apps

While the virus is having the greatest impact on China, the travel fallout is global. Popular hotel and flight apps a.....»»

Category: topSource: usatodayFeb 19th, 2020

City brokers feeling the pinch of global coronavirus outbreak

As the deadly coronavirus shows no signs of decline, real estate brokers in the city are watching it impact their business in ways they never expected. Some Manhattan brokers are watching their... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 19th, 2020

Dow, S&P 500 down after Apple"s sales warning but off session lows

The Dow and S&P 500 were lower on Tuesday afternoon as a sales warning from tech bellwether Apple highlighted the impact of the coronavirus outbreak on global supply chains......»»

Category: topSource: reutersFeb 18th, 2020

Market Snapshot: U.S. stocks down but off session lows in wake of coronavirus impact on Apple sales

Nasdaq trades nearly flat, while other major U.S. stock benchmarks are lower Tuesday, after Apple Inc. said a viral outbreak in China would hurt its second-quarter results, reigniting fears that the global economy could be harmed......»»

Category: topSource: marketwatchFeb 18th, 2020

Wall Street skids after Apple"s shock sales warning

U.S. stocks dropped on Tuesday after a surprise sales warning from tech bellwether Apple highlighted the impact of the coronavirus outbreak on global supply chains......»»

Category: topSource: reutersFeb 18th, 2020