Airline stocks nosedive as US travel ban hits EU travel industry

Airline stocks nosedive as US travel ban hits EU travel industry

PARIS: Europe’s travel sector reacted with dismay on Thursday (Mar 12) to a US-imposed trans-Atlantic travel ban with the share price of major airlines going into free fall. President Donald Trump said the measure would stem the spread of coronavirus, but an EU...
Dow falls 8.7% as US stocks face another rout

Dow falls 8.7% as US stocks face another rout

NEW YORK: Wall Street stocks were deep in the red early Thursday (Mar 12), resuming after a 15-minute suspension as the economic pain from the coronavirus deepens and widens. About 25 minutes into trading, the Dow Jones Industrial Average was at 21,505.07, down more...
WHO’s Tedros urges world to ‘double down’ on COVID-19 pandemic

WHO’s Tedros urges world to ‘double down’ on COVID-19 pandemic

GENEVA: The head of the World Health Organization (WHO) urged all countries on Thursday (Mar 12) to “double down” in the fight against the coronavirus pandemic. Tedros Adhanom Ghebreyesus, speaking to diplomats in Geneva a day after characterizing COVID-19...