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Brazil markets slammed as coronavirus goes ‘pandemic’, stocks fall 8.5%
By Jamie McGeever BRASILIA (Reuters) – Brazilian markets fell sharply on Wednesday, as stocks closed 8.5% lower and the real slid back toward its all-time low against the dollar after the World Health Organization declared the coronavirus outbreak a global pandemic. Reflecting the scale of investors’ risk aversion, longer term market-based interest rates surged, implying […]
Lufthansa aims to finalise 10 billion euro rescue package next week: sources
By Arno Schuetze, Klaus Lauer and Patricia Uhlig FRANKFURT (Reuters) – Lufthansa <LHAG.DE> aims to finalise a state aid rescue package worth up to 10 billion euros ($10.8 billion) next week after the coronavirus crisis forced it to ground almost all of its planes, people close to the matter said. The package will consist of […]
Iran to reopen religious, cultural sites: president
DUBAI (Reuters) – Iran on Saturday moved to open businesses, religious and cultural sites as it eases restrictions imposed to contain the coronavirus pandemic. Museums and historical sites are to reopen on Sunday to coincide with the Eid el-Fitr celebrations that end the Muslim holy fasting month of Ramadan, President Hassan Rouhani said on state […]