Google Alert - Business

	Business Daily update ⋅ March 7, 2020
	NEWS
	Wall Street Journal Coronavirus Risk Rises for US, Global Economies Wall Street Journal Financial markets and economic forecasters are warning of rising risks for U.S. and world economies, which were picking up before the novel coronavirus spread from China around the globe. A buoyant U.S. job market had fueled strong consumer spending ... Flag as irrelevant
	Wall Street Journal Saudi-Russian Split Sends Oil Prices Sharply Lower Wall Street Journal Crude prices hit a 2½-year low on Friday as two of the world's biggest oil producers failed to reach an agreement on how to balance global supply in the face of the coronavirus's devastating effect on demand. Saudi Arabia was unable to persuade Russia to ... Flag as irrelevant
	CNN Trump waves off economists' prescriptions for preventing US coronavirus slowdown CNN (CNN) President Donald Trump sent a message Friday to anyone expecting major economic aid to head off a coronavirus recession: Don't hold your breath. With financial markets reeling, some economists back direct bailouts for affected workers and ... Flag as irrelevant
	Bloomberg Coronavirus Could Cost the Global Economy $2.7 Trillion. Here's How Bloomberg The coronavirus is going global, and it could bring the world economy to a standstill. An epidemic that began in the depths of China's Hubei province is spreading rapidly. There are now significant outbreaks from South Korea to Italy and Iran, and the first ... Flag as irrelevant
	Wall Street Journal Warren Buffett's Berkshire Hathaway Backs Away From Canadian Gas Project Wall Street Journal Berkshire Hathaway Inc. has backed out of financing a major gas project in the Canadian province of Quebec, prompting worries that international investors are increasingly shunning the country after protests over another energy project. Warren Buffett's ... Flag as irrelevant
	Reuters OPEC oil cuts deal in trouble as Russia resists Reuters VIENNA (Reuters) - OPEC's plans for deep and prolonged oil cuts were derailed on Friday as non-OPEC Russia refused to support the move arguing that it was too early to predict the impact of a coronavirus outbreak on global energy demand, sources told ... Flag as irrelevant
	Wall Street Journal Plunge in Rates Scrambles Fed's Stimulus Playbook Wall Street Journal A dramatic decline in long-term bond yields this week is scrambling the Federal Reserve's recently updated playbook for counteracting a downturn. It also helps explain why officials' calls for a stronger fiscal policy response could grow louder in the weeks ... Flag as irrelevant
	The Hindu BusinessLine FOREX-Dollar hammered as Treasury yields sink Reuters ... * Euro, yen jump vs dollar * Tumbling Treasury yields blunt U.S. interest rate advantage * Dollar on course for worst week since 2016 (New throughout, updates prices, market activity and comments to U.S. market open, new byline, changes dateline, ... Flag as irrelevant
	Reuters OPEC cuts deal falls apart as Russia resists, sending oil into tailspin Reuters VIENNA (Reuters) - A three-year honeymoon between OPEC and Russia descended into acrimony on Friday after Moscow refused to support deeper oil cuts to cope with the outbreak of coronavirus and OPEC responded by removing all limits on its own ... Flag as irrelevant
	Reuters OPEC oil cuts deal in trouble as Russia still not on board Reuters VIENNA (Reuters) - Russia will not back an OPEC call for extra oil output cuts and will only agree to extending existing curbs, a Russian source said on Friday, threatening to derail a plan by OPEC ministers for deeper reductions to cope with the coronavirus ... Flag as irrelevant
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