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Credit investors nervous about
the threat the coronavirus poses to the global economy have
pulled money out of riskier bonds, widening the spread of U.S.
junk-rated energy debt over Treasuries to a three-year high on
Tuesday.
Billionaire Richard Branson's
space tourism company, Virgin Galactic Holdings Inc,
said on Tuesday its fourth-quarter net loss widened to $73
million from a year-ago loss of $46 million as it reported its
first results as a publicly traded company.
Hong Kong's banks face at
least two quarters of worsening asset quality and slowing loan
growth as the coronavirus outbreak hits trade and consumer
banking, analysts and bankers said.
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
The United States told Americans on Tuesday to begin preparing for coronavirus to spread within the country as outbreaks in Iran, South Korea and Italy escalated and fears that the epidemic would hurt global growth rattled markets.
U.S. airlines and hotels are extending options for customers to rebook travel to a growing list of countries, including Italy, as coronavirus cases spiked outside of China and sparked fears of a global pandemic.
Former Hollywood producer Harvey Weinstein was in good spirits on Tuesday, as he accepted visitors while under police guard at a Manhattan hospital, his lawyer said, despite having been convicted a day earlier of sexual assault and rape.
President Nayib Bukele said on Tuesday that El Salvador would prohibit the entry of people arriving from Italy and South Korea to prevent the spread of the coronavirus.
Billionaire Richard Branson's space tourism company, Virgin Galactic Holdings Inc , said on Tuesday its fourth-quarter net loss widened to $73 million from a year-ago loss of $46 million as it reported its first results as a publicly traded company.
British singer Duffy on Tuesday explained a long absence from the music scene by saying she had been "raped and drugged and held captive," but gave no details about where or when the incident took place.
