The coronavirus pandemic is throwing a spotlight on stocks in the U.S. healthcare sector, home to the companies that could develop treatments, vaccines and improved diagnostics needed to tackle the greatest public health crisis in a century. Healthcare has held up better than most S&P 500 sectors.
International seat capacity has dropped by almost 80% from a year ago and half the world's airplanes are in storage, new data shows, suggesting the aviation industry may take years to recover from the coronavirus pandemic.
* International seat capacity at 23% of 2019 levels - ForwardKeys. * Half the world's airplane fleet in storage - Cirium. * Planemakers considering major widebody production cuts - sources. By Jamie Freed and David Shepardson.
Japan's services sector contracted at the fastest pace since the global financial crisis in March as a shock to demand from the coronavirus pandemic greatly hit business activity and expectations.
A full airline industry recovery from the coronavirus looks prolonged at best, analysts said, as new data showed international seat capacity had fallen to 23% of last year's levels and around half the world's airplane fleet is in storage.
* International seat capacity at 23% of 2019 levels - ForwardKeys. * Half the world's airplane fleet in storage - Cirium. * Planemakers considering major widebody production cuts - sources. By Jamie Freed.
Major U.S. retail sector companies on Thursday moved to allay health and safety concerns of staff working at warehouses and stores through the coronavirus pandemic by promising face masks, gloves and sanitizers. Amazon.com Inc (AMZN) said it would roll out temperature checks and face masks for staff at all its U.S. and European warehouses and Whole Foods stores early next week.
- Major U.S. retail sector companies on Thursday moved to allay health and safety concerns of staff working at warehouses and stores through the coronavirus pandemic by promising face masks, gloves and sanitizers. Amazon.com Inc (AMZN) said it would roll out temperature checks and face masks for staff at all its U.S. and European warehouses and Whole Foods stores early next week.
The financial industry wants the U.S. Securities and Exchange Commission to hold off on parts of a new rule requiring brokers to disclose potential conflicts of interest, citing disruptions caused by the coronavirus, four people with knowledge of the discussions said.
The financial industry wants the U.S. Securities and Exchange Commission to hold off on parts of a new rule requiring brokers to disclose potential conflicts of interest, citing disruptions caused by the coronavirus, four people with knowledge of the discussions said.
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