American Airlines Inc will suspend all U.S. flights to Milan, the airline said late on Saturday, just hours after the U.S. State Department said it was raising its travel warning for parts of Italy due to the coronavirus outbreak.
Traders are looking for sharply lower markets on Monday in response to China’s dismal manufacturing PMI report. The report is likely to cause a volatile reaction in the crude oil market. …read more […]
Readers hoping to buy BHP Group (ASX:BHP) for its dividend will need to make their move shortly, as the stock is about… …read more […]
Venezuela has named new vice presidents for four units of state oil company PDVSA, as well as a new president for the unit that handles joint ventures with private oil companies, PDVSA said on Saturday.
(Bloomberg) — The first U.S. coronavirus death. Signs the outbreak is squeezing China’s economy. A possible outbreak in Washington State. Trading may have stopped, but the drumbeat of alarming headlines hasn’t. That’s making investors anxious about what happens when markets reopen.While considerable bad news has been priced in to stocks, with the S&P 500 down 13% in seven sessions and volatility surging, markets have to date been helpless to right themselves amid a torrent of virus-related headlines that continued into Saturday.“The news flow today is quite negative and it will make the narrative between now and Monday morning even more …read more […]
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