(Reuters) – U.S. hotel operator Marriott International Inc <MAR.O> said on Wednesday it was withdrawing its 2020 financial outlook as cancellations mount due to the coronavirus outbreak. The hotel industry could lose $1.4 billion in revenue every week on account of the virus, according to estimates by American Hotel and Lodging Association and the U.S. […]
BERLIN (Reuters) – The financial transaction tax on share dealing that 10 European countries hope to introduce from 2021 could be extended to cover trading in riskier assets, German finance minister Olaf Scholz said. Scholz’s plan for a tax of 0.2% of the transaction value of purchases of shares in large companies was widely criticized […]
By Stephen Nellis and Josh Horwitz SAN FRANCISCO/SHANGHAI (Reuters) – Apple Inc’s <AAPL.O> surprise warning that it will likely fall short of this quarter’s sales target due to the coronavirus epidemic points to much pain for its chip and other suppliers as well as for rivals who also rely on China to build their products. […]
