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Fed aims 'bazooka' to backstop coronavirus-hit economy

Health News (Reuters) - Mon, 03/23/2020 - 18:00
The U.S. Federal Reserve on Monday rolled out an extraordinary array of programs to backstop an economy reeling from sweeping restrictions on people and businesses that scientists say are needed to limit the spread of the coronavirus.
Categories: Health

Brazil agri town on lockdown potentially affecting Bunge, Cofco: decree

Health News (Reuters) - Mon, 03/23/2020 - 17:53
A town in the heart of Brazil's farmland, Rondonópolis in Mato Grosso state, closed down all non-essential services and ordered suspension of industrial sites in response to the coronavirus crisis, according to a municipal decree dated March 21.
Categories: Health

Takeaway.com allows some Dutch restaurants a freeze on payments

Technology News (Reuters) - Mon, 03/23/2020 - 17:52
Takeaway.com, Europe's largest online food ordering service, said on Monday it will grant a delay in payments for Dutch restaurants on its platform that have been hurt by fallout from the global coronavirus outbreak.
Categories: Technology

SoftBank nears deal to invest in Didi's self-driving unit: The Information

Technology News (Reuters) - Mon, 03/23/2020 - 17:50
Earlier on Monday, SoftBank said it plans to raise as much as $41 billion to buy back shares and reduce debt, in an unprecedented move to restore investor confidence as a financial market rout pummels its shares and its portfolio companies.
Categories: Technology

In the shadow of Ebola and Covid-19, measles rips through Congo

Health News (Reuters) - Mon, 03/23/2020 - 17:48
Thomas the Tank Engine beams from the front of Dobo Mambanza's ripped pullover. Unlike the cartoon train's face, Dobo's is blistered and scrunched as she struggles for breath, her eyes shuttered and weeping. The three-year-old is going blind.
Categories: Health

SoftBank plans $41 billion of asset sales to expand buyback and cut debt

Technology News (Reuters) - Mon, 03/23/2020 - 17:10
SoftBank Group Corp plans to raise as much as $41 billion to buy back shares and reduce debt in an unprecedented move to restore investor confidence as a financial market rout pummels its shares and its portfolio companies.
Categories: Technology

Home work triggers demand jump for chips, laptops and network goods

Technology News (Reuters) - Mon, 03/23/2020 - 16:50
With more employees working from home to help slow the spread of the coronavirus, demand is surging for laptops and network peripherals as well as components along the supply chain such as chips, as companies rush to build virtual offices.
Categories: Technology

UK begins trial of HIV medicine, steroid as possible COVID-19 treatments

Health News (Reuters) - Mon, 03/23/2020 - 16:02
Scientists at Britain's Oxford University have started a clinical trial to investigate the effects of an HIV medicine and a steroid drug in UK patients admitted to hospital with COVID-19 caused by the new coronavirus.
Categories: Health

Zimbabwe records first coronavirus death: health minister

Health News (Reuters) - Mon, 03/23/2020 - 15:49
Zimbabwe recorded the first death of a coronavirus patient on Monday, the health minister said, and urged the nation not to panic.
Categories: Health

Trump aims to decide economic course on coronavirus at end of 15-day plan

Health News (Reuters) - Mon, 03/23/2020 - 15:48
President Donald Trump is privately expressing concern at the damage the coronavirus shutdown is doing to the U.S. economy and is debating whether it can be safely reopened, two sources familiar with the situation said on Monday.
Categories: Health

U.S. Senate looks to strike deal on massive coronavirus relief package

Health News (Reuters) - Mon, 03/23/2020 - 15:48
Republicans and Democrats in the U.S. Senate struggled to reach agreement on a far-reaching coronavirus stimulus package on Monday after failing to reach a deal in talks that stretched through the weekend.
Categories: Health

Fed aims 'bazooka' at coronavirus to backstop economy

Health News (Reuters) - Mon, 03/23/2020 - 15:48
The U.S. Federal Reserve on Monday rolled out an extraordinary new array of programs aimed at blunting the "severe disruptions" to the economy caused by the coronarvirus outbreak, backstopping an unprecedented range of credit for households, small businesses and major employers.
Categories: Health

Canada oil sands work camp says coronavirus case possible, not positive

Health News (Reuters) - Mon, 03/23/2020 - 15:31
A northern Alberta work camp near Canada's oil sands said on Monday that it is awaiting test results to determine whether a worker who was sick last week was indeed stricken by the coronavirus as the company had previously said.
Categories: Health

In coronavirus lockdown, Gulf residents urge end to voice-call bans

Technology News (Reuters) - Mon, 03/23/2020 - 15:23
Residents in the United Arab Emirates and other Gulf states are urging telecom firms to further ease restrictions on free internet calls as coronavirus separates families and forces people to work and study from home.
Categories: Technology

More Swiss companies ask for aid than during financial crisis

Health News (Reuters) - Mon, 03/23/2020 - 15:20
Record numbers of Swiss companies have applied for government aid to overcome shutdowns and reduced output as the coronavirus outbreak grips the country, the government said on Monday.
Categories: Health

Roche CEO says broad coronavirus testing in U.S. could take weeks: CNBC

Health News (Reuters) - Mon, 03/23/2020 - 15:18
It could take at least a couple of weeks, if not months, for the United States to implement broad testing for coronavirus, Roche Holding AG Chief Executive Officer Severin Schwan said in an interview with CNBC on Monday.
Categories: Health

Italy's Lombardy workers to strike for tougher coronavirus shutdowns

Health News (Reuters) - Mon, 03/23/2020 - 15:03
Unions in Italy's Lombardy region announced strikes on Monday to protect the health of their workers, saying a government decree temporarily shutting businesses due to the coronavirus emergency contained too many loopholes and exceptions.
Categories: Health

Confirmed coronavirus infections in Netherlands rise 13%, 34 new deaths

Health News (Reuters) - Mon, 03/23/2020 - 14:56
The number of confirmed coronavirus infections in the Netherlands increased by 13% from a day earlier and 34 more people died, Dutch health authorities said on Monday.
Categories: Health

Ireland to develop guidelines for public spaces

Health News (Reuters) - Mon, 03/23/2020 - 14:55
Ireland will develop guidelines to help people adhere to government recommendations to stay apart in public spaces to rein in the spread of coronavirus after crowds gathered in parks and beaches at the weekend.
Categories: Health

South Africa coronavirus cases jump to 402, army prepares to deploy

Health News (Reuters) - Mon, 03/23/2020 - 14:53
South Africa reported a sharp jump in confirmed coronavirus cases on Monday to 402, from less than 50 just over a week ago, as the army prepared to deploy in each of the country's nine provinces, according to an official document seen by Reuters.
Categories: Health
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