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Marseille cruise tests passengers, US airlines slash flights

Marseille cruise tests passengers, US airlines slash flights

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks.  Global cases: More than 114,578, according to data compiled by Johns Hopkins University. Global deaths: At least …

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President Xi visits Wuhan as coronavirus outbreak slows in China | News

President Xi visits Wuhan as coronavirus outbreak slows in China | News

Beijing, China – Chinese President Xi Jinping has made his first visit to Wuhan since the outbreak of the coronavirus in what could be seen as a signal from the government that the health crisis is coming under control. Xi, who has been largely unseen throughout the epidemic, made his …

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China’s Leader Tours Center of Coronavirus Epidemic, Signaling Confidence

China’s Leader Tours Center of Coronavirus Epidemic, Signaling Confidence

China’s powerful leader, Xi Jinping, toured the city at the center of a now global epidemic on Tuesday for the first time since the coronavirus outbreak began, hoping to demonstrate that his government was containing a crisis that tarnished his image at home and abroad. Wearing a blue mask, Mr. …

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What the polls show for Biden and Sanders in Michigan, other states

What the polls show for Biden and Sanders in Michigan, other states

Democratic voters in six states will make their choices for president known Tuesday, when more than 350 delegates are at stake. Joe Biden has been rising in the polls since his Super Tuesday surge — when he won 10 states, building on a decisive victory in South Carolina — but …

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Dow futures bounce 1,000 points higher after Trump floats payroll-tax cut

Dow futures bounce 1,000 points higher after Trump floats payroll-tax cut

Stock-index futures jumped Tuesday, pointing to a partial rebound from Wall Street’s worst selloff since 2008. A Tuesday rebound would not be unusual — Bespoke Investment Group strategists found that in the 10 previous times since 1952 that the S&P 500 fell 5% or more on a Monday, the index …

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Oil Price News: Saudi Arabia Aramco to Pump Record Crude in April

Saudi Aramco

Saudi Arabia escalated its oil price war with Russia on Tuesday, with its state-owned company pledging to supply a record 12.3 million barrels a day next month, a massive production hike to flood the market. The output increase — more than 25% up from last month — puts Aramco supply …

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Oil and stock markets bounce after historic rout

Oil and stock markets stabilise after historic rout

Global markets have rebounded from their heavy losses as investors welcomed signs that policymakers would launch significant stimulus measures to soften the economic blow from the global coronavirus outbreak. European stocks gained more than 3 per cent on Tuesday as a measure of calm returned following a chaotic trading day …

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Asian shares emerge from rout as stimulus hopes calm panic

Asian shares emerge from rout as stimulus hopes calm panic

SYDNEY/HONG KONG (Reuters) – Asian stocks bounced, and bond yields rose from record lows on Tuesday on hopes that global policymakers would introduce co-ordinated stimulus to cushion the economic impact of a coronavirus outbreak. A man wearing protective face mask, following an outbreak of the coronavirus disease (COVID-19), stands in …

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Trump coronavirus scare shows no American is immune from risk

US coronavirus cases rise sharply to more than 700 and cruise ship with 21 more patients arrives in port

They include Florida GOP Rep. Matt Gaetz, who rode in “The Beast” limousine with Trump in the Sunshine State on Monday, before climbing up the steps of Air Force One behind the President. Incoming White House chief of staff Mark Meadows is also staying home until Wednesday despite his test …

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China coronavirus: Xi Jinping visits virus-hit Wuhan in major show of confidence

Chinese President Xi Jinping in Wuhan, Tuesday.

Xi’s visit to Wuhan — which has been on lockdown for weeks now, with tens of thousands of confirmed cases of the virus and hundreds of deaths — is a major show of confidence in China’s response to the pandemic, underlining a message which has been building in state media …

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