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Boeing shares plummet as travel restrictions hit airlines
By Tracy Rucinski and Eric M. Johnson CHICAGO/SEATTLE (Reuters) – Shares in Boeing Co <BA.N> fell sharply for a second day on Thursday as sweeping U.S. travel restrictions on Europe, meant to curb the spreading coronavirus, heightened jitters about the company’s growing cash burn. The 30-day travel restrictions, announced by U.S. President Donald Trump on […]
India moves Kashmiri village leaders to safety after wave of attacks
SRINAGAR, India (Reuters) – India has shifted scores of village and municipality leaders, mostly from Prime Minister Narendra Modi’s ruling party, to secure locations in Kashmir after a spate of militant attacks, police and two security officials said on Friday. Separatists fighting Indian rule in the disputed region have stepped up attacks on lower level […]
China trade agency to offer firms force majeure certificates amid coronavirus outbreak
BEIJING (Reuters) – A Chinese international trade promotion agency said it would offer force majeure certificates to companies struggling to cope with the impact of the new coronavirus epidemic on their business with overseas partners. The move by the China Council for The Promotion of International Trade (CCPIT), officially accredited with Beijing’s Commerce Ministry, was […]