Americans rush to stock up on essentials as coronavirus spreads

American shoppers stood in long lines outside grocery stores on Friday, waiting to get inside to buy essentials like toilet paper, pasta, and bottled water, as a worsening coronavirus crisis stoked fears of shortages across the United States.

Trump declares U.S. emergency as coronavirus chaos spreads

President Donald Trump declared a U.S. national emergency over the quickly spreading coronavirus on Friday, opening the door to more federal aid to combat a disease that has infected 138,000 people worldwide and left more than 5,000 dead.

Crude posts worst week in a decade, hit by coronavirus and price war eruption

Oil prices on Friday posted their worst week since the 2008 global financial crisis, rocked by the coronavirus outbreak and efforts by top exporter Saudi Arabia and its allies to flood the market with record levels of supply.

Tesla chief Elon Musk's trial postponed due to coronavirus

Elon Musk's expected defense of a $2.2 billion deal in court was postponed on Friday from its expected Monday start, due to the coronavirus outbreak.

Citigroup reports first confirmed case of coronavirus

Citigroup Inc said on Friday that a Manhattan-based employee has tested positive for the coronavirus.

Stocks bounce on stimulus hopes

Wall Street clawed back some losses on Friday after its biggest one-day decline in three decades, as investors set their hopes on more global fiscal stimulus to stem a coronavirus-driven global recession.

Teleconference apps and new tech surge in demand amid coronavirus outbreak

Global downloads of business apps including Tencent Conference, WeChat Work, Zoom, Microsoft Teams and Slack have risen nearly five fold since the start of the year, data showed, as the coronavirus outbreak changes how corporations work.

Denmark shuts its borders for one month to curb spread of coronavirus

Denmark announced on Friday it would shut its borders to most foreign visitors for a month from Saturday, in a move unprecedented in peacetime as part of efforts to halt the spread of coronavirus.

China's coronavirus epicenter reports just five cases; Beijing tomb-sweepers urged to stay back

The Chinese city of Wuhan, ground zero of the coronavirus outbreak, reported just five new cases on Friday, the second day in a row the tally has been less than 10, while no locally transmitted infections were reported in the rest of the country.

Dollar surges vs yen as stock markets rally

The dollar surged on Friday, posting sharp gains against the safe-haven Japanese yen as stock markets recovered globally and investors cheered efforts by governments and policymakers to address the economic fallout from the coronavirus outbreak.

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