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HSBC clears out London trading floor on virus scare: Financial News

(Reuters) – HSBC <HSBA.L> has evacuated its entire research department and parts of its trading floor at its Canary Wharf office in London after a coronavirus scare, the Financial News reported on Thursday. The report cited a person familiar with the matter and said the evacuation was after a research analyst was believed to have been infected with the virus. […]

Spain’s finance minister says ‘good deal’ reached in Eurogroup

MADRID (Reuters) – Spain’s finance minister Nadia Calvino said on Thursday a “good deal” was reached among European Union countries to address the economic impact of the coronavirus pandemic. “We have reached a good deal in the Eurogroup, with a triple security network for workers, companies and states in the fight against Covid 19,” Calvino […]

Stocks stage furious rally late after national emergency declared

By Chuck Mikolajczak (Reuters) – Wall Street staged a furious rally in the waning moments of the session on Friday after U.S. President Donald Trump declared a national emergency to combat the rapidly spreading coronavirus, although major averages still suffered sharp losses for the week. In a volatile session, all three main indexes jumped more […]