[ad_1] (Reuters) – Gold surged over 3% on Tuesday after the U.S. central bank cut interest rates to help cushion the economic damage caused by the coronavirus outbreak and on expectations of policy easing by
Wash your hands, Iran’s Khamenei says, as coronavirus toll rises
[ad_1] DUBAI (Reuters) – Iran’s Supreme Leader Ayatollah Ali Khamenei said on Tuesday that Iranians should follow the recommendations of authorities to prevent the spread of coronavirus, as the deputy health minister reported more infections
BoE’s Carney sees powerful and timely global response to coronavirus
[ad_1] LONDON (Reuters) – Bank of England Governor Mark Carney said policymakers around the world are working on a “powerful and timely” response to the economic hit from coronavirus which has raised fears of a
Factbox: Britain sets out measures to tackle spread of coronavirus
[ad_1] A man wearing a protective face mask is pictured in Chinatown district, in London, Britain March 2, 2020. REUTERS/Tom Nicholson NO RESALES. NO ARCHIVES LONDON (Reuters) – The British government unveiled its action plan
UK sets out ‘battle plan’ to try to contain spread of coronavirus
[ad_1] LONDON (Reuters) – Britain unveiled its “battle plan” to tackle the spread of coronavirus on Tuesday, warning that as many as a fifth of employees could be off work at the peak of the
Gold rises on policy stimulus expectations as G7 meets
[ad_1] (Reuters) – Gold prices rose on Tuesday on hopes of interest rate cuts by central banks as leading policymakers from the Group of Seven (G7) nations met to discuss how to contain the economic
World finance officials plot ‘powerful and timely’ response to beat coronavirus
[ad_1] BEIJING (Reuters) – Group of Seven officials will discuss ways to bolster their economies against the impact of the spreading coronavirus outbreak on Tuesday, but are not expected to call for new spending or
Global supplier India curbs drug exports as coronavirus fears grow
[ad_1] BENGALURU/NEW DELHI (Reuters) – India, the world’s main supplier of generic drugs, has restricted the export of 26 pharmaceutical ingredients and the medicines made from them, including paracetamol, as the coronavirus outbreak plays havoc
Rebound rumbles on as G7 send support signal
[ad_1] LONDON (Reuters) – Global stocks and commodity markets extended a tentative recovery from their coronavirus slump on Tuesday, as global policymakers signalled a united front to address the economic fallout from the spreading outbreak.
OPEC’s oil cut proposal enough to push prices back to $60/bbl -Russia’s Lukoil
[ad_1] BRUSSELS (Reuters) – OPEC’s proposal to cut oil production by up to 1 million barrels per day would be enough to balance the market and lift oil prices back to $60 a barrel, Leonid