TOKYO: Japanese biopharmaceutical firm Anges Inc said on Tuesday (Mar 24) that it and Osaka University had completed development of a DNA vaccine against the new coronavirus and that it would begin testing it in animals soon. Shares of Anges surged as much as 17 per cent in morning trade...
WASHINGTON/RIYADH: Finance ministers and central bankers from the world's 20 largest economies agreed on Monday (Mar 23) to develop an "action plan" to respond to a coronavirus pandemic that the IMF now expects to trigger a global recession, but they offered no specifics. The G20 secretariat ...
The pandemic is taking its toll on aerospace manufacturing, as Boeing Co announced it would halt production of most widebody jets and Airbus SE restarted only partial output after a four-day shutdown as suppliers cut jobs.
Wells Fargo & Co will join other large U.S. banks in paying out special compensation to front-line employees, according to a memo seen by Reuters.
U.S. Treasury Secretary Steven Mnuchin said on Monday that Republican and Democratic senators and Trump administration negotiators were nearing a deal on a coronavirus stimulus bill.
The dollar eased on Tuesday but remained near a three-year high against a basket of currencies as investors sought the world's main funding and settlement currency ahead of a sharp anticipated fall in cashflow.
Fast food is canceled in Britain.
SoftBank Group Corp shares were untraded with a glut of buy orders on Tuesday after the company announced up to US$41 billion (£35.52 billion) in asset sales and a record share buyback to shore up its collapsing share price.
U.S. crude oil futures climbed nearly 3per cent on Tuesday in light trading as the Trump administration launched an effort to work with Saudi Arabia to stabilise oil prices.
Luxury retailer Neiman Marcus Group Inc is in talks with lenders to file for bankruptcy as it struggles to ease its US$4.3 billion debt load, Bloomberg reported on Monday, citing people familiar with the matter.
