New cases in three U.S. states raise prospect of local, person-to-person spread. Troubling new signs of how the coronavirus is spreading in the United States emerged on Friday, as cases Continue Reading
When the coronavirus emerged in Wuhan, residents in a rising suburb on the city’s rural edge thought they were safe. Zuoling New Town, a bustling community of retired farmers, factory Continue Reading
Health officials in Washington, Oregon and California on Friday reported new cases of coronavirus among people who have not traveled recently to countries hit hard by the outbreak or come Continue Reading
Major companies are beginning to cancel conferences and travel plans within the United States due to the coronavirus, which analysts warn will have cascading impacts on the country’s hotels, airlines Continue Reading
No country should make the “fatal mistake” of assuming it will be spared the coronavirus, the World Health Organization said on Thursday, as governments from Iran to Australia raced to Continue Reading
Stocks across the globe and oil prices continued to tumble on Thursday and U.S. Treasury yields hit record lows as traders fretted over the economic impact of the spreading coronavirus. Continue Reading
Countries on three continents reported their first cases of the coronavirus on Friday as the world prepared for a pandemic and investors dumped equities in expectation of a global recession. Continue Reading
Scientists are racing to identify the source of the coronavirus that is causing havoc around the world. Three weeks ago, Chinese scientists suggested, on the basis of genetic analyses, that Continue Reading
Investment-advisors are increasingly worried that U.S. authorities are not be doing enough to prevent a widespread outbreak of coronavirus in the country, potentially adding further downside to already-battered markets. Their Continue Reading
Four of world’s biggest carmakers will be forced to shut down European production, one of the sector’s key suppliers has warned, after an electronics factory in Lombardy was forced to Continue Reading
Russia continues to refuse to announce its position regarding deeper cuts by the OPEC+ coalition, but admitted that the coronavirus outbreak could lead to additional downward revisions to the global Continue Reading
Commodity prices moved sharply lower this week amid a renewed focus on demand destruction following a flurry of new coronavirus outside of China. ICE front-month Brent futures settled at $54.95/b Continue Reading
The number of new coronavirus infections inside China – the source of the outbreak – was for the first time overtaken by fresh cases elsewhere on Wednesday, as U.S. markets Continue Reading
President Trump named Vice President Mike Pence his point person to coordinate the government’s response to the coronavirus, expressing confidence that the United States would prevent a widespread domestic outbreak. Mr. Trump’s Continue Reading
The threat of coronavirus spreading across Europe’s open borders has put local authorities and others in a bind over whether to call off fashion shows, soccer games and other major Continue Reading
From the Austrian Alps to an island off the coast of Africa. From an evangelical church in South Korea to a holy Shiite city in Iran. Governments and health workers Continue Reading
The United States told Americans on Tuesday to begin preparing for coronavirus to spread within the country as outbreaks in Iran, South Korea and Italy escalated and fears that the Continue Reading
Will China’s coronavirus outbreak send the world economy into a recession? As cases spread across Asia and in Europe, only some of the multiple indicators investors use to monitor recession Continue Reading
The coronavirus epidemic is a black swan that has severely disrupted the outlook for the global oil market, and at this moment it remains unclear how large the destruction in Continue Reading
The coronavirus outbreak could hit global oil demand growth more than currently expected, the head of the International Energy Agency (IEA) said on Tuesday, adding that the agency could additionally Continue Reading
Global travel disruption worsened Tuesday in response to the widening coronavirus emergency, as South Korea neared 1,000 cases and Iran reported 16 deaths, though financial markets largely avoided a repeat Continue Reading
San Fiorano is one of the Italian towns on lockdown Major outbreaks of the new coronavirus have suddenly been detected in both Italy and Iran in the past few days. Continue Reading
The global spread of covid-19 seems to have exploded in recent days, with outbreaks revealed in Iran and Italy and a massive increase in cases in South Korea. Tedros Ghebreyesus, Continue Reading
Iraq shut schools and universities on Tuesday and told citizens to avoid mass gatherings, as it rushed to prevent the spread of the coronavirus from its neighbor Iran, hit by Continue Reading
The OPEC+ group should not be complacent about the impact of the coronavirus outbreak on oil demand, Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman told reporters on Tuesday, a Continue Reading
President Donald Trump on Tuesday predicted the coronavirus is “going to go away” despite warnings from Democrats that his White House is asleep amid cresting fears in Washington that the Continue Reading
The comments were made in separate briefings to lawmakers and reporters on Tuesday, marking an escalation in tone and urgency. “Ultimately we expect we will see community spread in the Continue Reading
As Chinese business shutdowns extended past the traditional Lunar New Year holiday into February, and workers stayed home from factories and ports, “it became pretty clear…that we were looking at Continue Reading
Federal health officials starkly warned on Tuesday that the new coronavirus will almost certainly spread in the United States, and that hospitals, businesses and schools should begin making preparations. “It’s Continue Reading
White House chief economic adviser Larry Kudlow talks with reporters in December. (Evan Vucci/AP) Top White House economic adviser Larry Kudlow told The Washington Post late Monday that investors should Continue Reading
United Nations Secretary-General Antonio Guterres on Monday urged countries to prevent the novel coronavirus epidemic from spiraling into a crisis with “dramatic consequences” for global health and the world economy. Continue Reading
The widening coronavirus outbreak threatens to seriously disrupt the global economy, just as it was steadying itself against headwinds from the U.S.-China trade dispute. Amid concerns that global output could Continue Reading
The World Health Organization said Monday it isn’t yet clear whether the new coronavirus, which has sparked large outbreaks in several countries, can be stopped from spreading further. Yet the Continue Reading
Global travel disruption worsened Tuesday in response to the widening coronavirus emergency, as South Korea neared 1,000 cases and Iran reported 16 deaths, though financial markets largely avoided a repeat Continue Reading
At a time when the energy sector is weighed down by debt and reeling from low commodity prices, American energy producers are now bracing for the biggest demand shock to Continue Reading
Energy stocks had a rough start of the week on Monday, as the newfound panic sets in about just how far the coronavirus will reach and how devastating the effects Continue Reading
Iran’s health ministry said a further four people infected with the coronavirus have died, bringing the total number of fatalities in the country to 12 as neighboring states shut their Continue Reading
As the death toll of those infected by the new coronavirus reached 16, Iran’s health ministry on Tuesday urged Iranians to stay at home, a ministry spokesman told state TV. Continue Reading
Saudis Arabia’s Minister of Energy, Prince Abdulaziz bin Salman, said on Tuesday that OPEC+ countries should not be complacent about the coronavirus. “Everything serious requires attendance,” he told reporters on Continue Reading
U.S. President Donald Trump will seek $2.5 billion from Congress to fight the coronavirus epidemic and U.S. and South Korean militaries are considering scaling back joint training as the virus Continue Reading
South Korea aims to test more than 200,000 members of a church at the center of a surge in coronavirus cases, as countries stepped up efforts to stop a pandemic Continue Reading
As President Xi Jinping vows to restart China’s economy, a marked slowdown in reported new coronavirus cases is helping his cause. On Monday, Chinese health authorities reported only 11 new Continue Reading
As President Trump spent Monday sightseeing in India, the U.S. stock market plunged amid growing concerns about a deadly virus spreading quickly across continents — a split-screen that brought into Continue Reading
The last time a coronavirus outbreak hit China in 2003, the global economy emerged relatively unscathed. Now, nearly two decades later, the growth-damping effects of a similar pathogen threaten to Continue Reading
International concern about the spread of coronavirus outside China grew on Sunday with sharp rises in infections in South Korea, Italy and Iran. The government in Seoul put the country Continue Reading
Finance chiefs of the world’s top 20 economies vowed to monitor the impact of the coronavirus outbreak on global growth and act if needed, as they said loose monetary policy Continue Reading
U.S. Treasury Secretary Steven Mnuchin said on Sunday central bankers will look at options for responding to the fast-spreading coronavirus as needed. Mnuchin told reporters after a meeting of finance Continue Reading
Europe confronted its first major outbreak of the coronavirus as an eruption of more than 150 cases in Italy prompted officials on Sunday to lock down at least 10 towns, Continue Reading
The World Health Organization (WHO) is concerned about the number of coronavirus cases with no clear epidemiological link, although the total number of cases outside China remains relatively small, its Continue Reading
Summary: 8 new cases confirmed in Lombardy brings daily total to 16 new cases in Italy China pledges to build 19 new hospitals in Wuhan 253 more passengers depart the Continue Reading
