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Budget airline Ryanair says it will ground nearly all its flights from next week due to the coronavirus crisis gripping Europe. The industry has been heavily hit by the outbreak as governments have scrambled to close borders and lockdown citizens. It...
The COVID-19 outbreak has sent people scrambling to buy basic medical supplies like hand sanitiser and protective masks. Shoppers in Ireland, France and Germany have complained the handwashing gel is increasingly difficult to find. At many pharmacies, shoppers are greeted with...
Global stock exchanges suffered historic crashes as coronavirus panic gripped the financial world. The French CAC40 plunged 12.28% on Thursday, the biggest fall in its history. The UK's FTSE, meanwhile, finished with a 9.81% drop, its worst day since October...
The UK's National Audit Office (NAO) has released a report showing that government departments spent at least £4.4 billion (€5.08 billion) preparing for the United Kingdom's exit. In the 32-page report, published on Friday (March 6), the office said it...
International stock markets fell again on Friday as fears about the coronavirus outbreak dominated trading. In Europe, France’s CAC 40 dropped 1.78% in early trading, Germany’s DAX was down 2.1%, while the UK’s FTSE 100 shed 1.4%. In Asia, sharp drops...
The global financial landscape is in the midst of an unprecedented shift. Financial technology, or FinTech, is the driving force behind it and it is transforming our relationship with money. FinTech challenges traditional methods through innovation and so far has...
In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizable half-percentage point Tuesday in an effort to support the economy in the face of the spreading coronavirus. Chairman Jerome Powell noted that the coronavirus “poses...
The Geneva Motor Show was cancelled after the Swiss government put an immediate ban Friday on all public and private events involving more than 1,000 people in order to halt the spread of the new COVID-19 coronavirus. The ban on...
In the latest edition of Business Line, Euronews looks at the impact of Artificial Intelligence and Big Data on the healthcare sector, how the Covid-19 coronavirus is causing ripples on the Chinese stock market and the way India has...
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