Sellers are now even more reluctant to list their homes, fearing falling prices and the risks of having strangers touring their apartments as the coronavirus spreads. Would-be buyers are also postponing decisions, according to Halstead. Manhattan real estate was already in a two-year slump. Plunging stocks and coronavirus fears are starting to hit the New …
New York real estate hit by coronavirus, market decline Read More »
Shares of the Detroit automakers once again plunged to 52-week lows Thursday amid a wider market sell-off due to fears about the economic fallout from the coronavirus. The declines are the latest in a rollercoaster week for stocks, which started Monday with an oil price war and the COVID-19 disease spreading globally. Fiat Chrysler led …
GM, Ford, Fiat Chrysler shares return to 52-week lows; Tesla down 10% Read More »
As the coronavirus spreads across the globe, and travel disruptions — from visas cancellations to flight suspensions — increase by the day, many people are wondering what to do about their summer holidays, if anything at all. Will the situation be worse this summer — or better? Which countries will be safe? And is flying …
Guide to summer travel: Where to go, what to do — and whether to book at all Read More »
Italy’s health ministry said as of 6 p.m. local time on March 12, there were a total of 15,113 cases, including 1,258 people who have recovered and 1,016 who have died. South Korea reported an additional 110 cases of COVID-19 as well as one new patient death. China’s National Health Commission said there were 8 …
Coronavirus live updates: Japan approves emergency powers for PM; sports events scrapped Read More »
Oracle’s results beat expectations. The middle of the range for quarterly revenue guidance was slightly lower than expected. The company’s stock traded lower on Thursday than it had since 2017. Oracle shares rose as much as 5% and later lost much of their gains Thursday after hours, following an 11% drop during the day’s trading …
Oracle rises after beating quarterly expectations Read More »
Bitcoin was down 48% from 24 hours before at 10:24 a.m. Singapore time at $4,001.60, according to data from Coindesk. The market capitalization, or total value of the entire cryptocurrency market, plummeted around $93.5 billion in the space of 24 hours as of 10:07 a.m. Singapore time, according to data from Coinmarketcap.com. The fall in …
Cryptocurrencies see $93.5 billion wiped off value in 24 hours as bitcoin plunges 48% Read More »
JPMorgan Chase on Thursday told managers to implement a plan to have employees based in offices in Manhattan, Brooklyn and Jersey City to start working from home in shifts beginning on Friday. “We are asking our managers to arrange for no fewer than 25% and no greater than 50% of their team members who can …
apanese fashion brand Comme des Garcons was at the centre of a cultural appropriation row Sunday after it sent out white models in what appeared to be cornrow wigs at its Paris men’s fashion week show. The self-appointed fashion watchdog Diet Prada — which has a record of pulling up labels on racial insensitivity including …
The effects of coronavirus lead to a global crisis, disrupting economies around the world. It is a multidimensional issue that requires health and crisis management measures to tackle the spread of coronavirus. Governments and international organisations need to take immediate action to provide support to health systems that are under immense pressure. They also need …
Following the troubled launch of its Explorer SUV last year, Ford said production and sales of the popular vehicle are gaining momentum. February retail sales of Explorer, up 32%, were the vehicle’s best sales in that month since 2005, Ford said. Sales for the year remain down 9% due to timing of fleet sales. The …
AUTOS Ford Explorer back ‘on track’ following flawed launch, exec says Read More »
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