World News

Anti-lockdown protests erupt in Melbourne even as COVID-19 cases spike

 Anti-lockdown protests erupt in Melbourne even as COVID-19 cases spike

Highlights Protests against lockdown continue in Australia’s major cities. Cases in Victoria have spiked to a new high. The country reported 11 deaths on Monday. Anti-lockdown protests rocked Australia’s second most populous c...

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Flybe Finally Collapses Amidst The Global Coronavirus Scare  

Flybe Finally Collapses Amidst The Global Coronavirus Scare  

At 2.00 am on 5 March 2019, passengers of Flybe, who were supposed to take flights with the airline, were informed via text message that they need not report at the respective airports as their flights have been cancelled. Then came the announcement at...

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Fed cuts benchmark interest rates in response to coronavirus scare

Fed cuts benchmark interest rates in response to coronavirus scare

Amongst the first major action taken to neutralize the economic impact posed by the coronavirus outbreak the Federal Reserve on Tuesday cut the US benchmark interest rates by half a percentage point. These are now set in a 1 per cent to 1.25 per cent r...

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A Brief Look at How the World Is Coming Together to Mitigate the Coronavirus Impact

A Brief Look at How the World Is Coming Together to Mitigate the Coronavirus Impact

The Novel Coronavirus (Covid-19) outbreak has done a lot of damage, not only in terms of life but to the global economy as well. While a large number of people have lost their lives till now, a comparatively bigger number are still reeling under the im...

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Top Five FTSE 250 Performing Stocks Amidst The Coronavirus Scare

Top Five FTSE 250 Performing Stocks Amidst The Coronavirus Scare

The coronavirus outbreak in China is having a telling effect on the world economy. Travel and tourism industry has been badly affected. The movement of goods from one country to the other via sea has severely slowed down, and the scare of infection is ...

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British Alcoholic Beverage Major Diageo Plc Issues Profit Warning Amidst Coronavirus Scare

British Alcoholic Beverage Major Diageo Plc Issues Profit Warning Amidst Coronavirus Scare

In the list of British corporates to have been adversely affected by the coronavirus outbreak a new name has been added on Wednesday, 26th February 2020. Diageo Plc, the alcoholic beverage major of the country, has issued a profit warning that its orga...

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How Coronavirus Has Led to The Freefall Of The Travel And Tourism Sector

How Coronavirus Has Led to The Freefall Of The Travel And Tourism Sector

Global businesses, in the last over a month have gone through some major hiccups, due to the coronavirus outbreak. The Covid-19 virus, which is now considered a global epidemic, has affected more than 80000 people till now, while there have been approx...

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Coronavirus Woes Lead to Surge in Demand forc

Coronavirus Woes Lead to Surge in Demand forc

As Reckitt Benckiser Group Plc (LON: RB.) announced its full-year results, it highlighted that in this trying times, the demand for company’s products such as Dettol and Lysol, as well as other hygiene products has steeply risen, as people want to move...

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26 FTSE All-Share Stocks Post Double-Digit Gain Despite The Soaring Coronavirus Fear

26 FTSE All-Share Stocks Post Double-Digit Gain Despite The Soaring Coronavirus Fear

The rapid spread of coronavirus to several unaffected areas has made experts lose sleep over global growth worries, and the pandemic is jolting investor sentiment across the markets world over. The benchmark equity indices of the UK market – the FTSE ...

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FTSE 100 Sectors That Got Hit Hard By Coronavirus Spillover

FTSE 100 Sectors That Got Hit Hard By Coronavirus Spillover

After the spread of coronavirus and the increase in death toll across the world, the global equity market is witnessing a kind of sell-off since Monday (February 24th, 2020). The unprecedented surge in new cases in Iran, Italy and South Korea ratcheted...

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Trading opportunities on the London Stock Exchange amidst the Coronavirus scare

Trading opportunities on the London Stock Exchange amidst the Coronavirus scare

The past month has been a period of turmoil, on multiple fronts on account of the coronavirus outbreak in China. The outbreak which has claimed more than 2700 lives now has put parts of China in virtual lockdown and movement of men and materials to and...

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