LONDON • The wealth destruction caused by Monday’s market collapse is reshaping the ranks of the world’s richest people. Wildcatter Harold Hamm’s fortune plunged by almost half to US$2.4 billion
U.S. bans foreign nationals who have been in Europe from entering U.S.
WASHINGTON, March 11 (Reuters) – Travel restrictions announced on Wednesday by President Donald Trump bans most foreign nationals who have traveled to Schengen Area countries in Europe during the previous
RPT-UPDATE 1-BOJ likely to ease policy in bid to bolster sentiment, sources say
(Repeats with no changes to text) * Increasing ETF buying emerging as strong option – sources * BOJ focus for now on stabilising markets, lifting mood * More thorough analysis
TREASURIES-U.S. Treasury yields climb as market awaits stimulus guidance
(Recasts, updates yields, adds analyst comment, 10-year note auction) CHICAGO, March 11 – U.S. Treasury yields rose in choppy trading on Wednesday despite losses in stocks that deepened after the
GLOBAL MARKETS-European stock futures jump as BoE joins rate cut party
* Asian stock markets: tmsnrt.rs/2zpUAr4 * Tracking the coronavirus: tmsnrt.rs/3aIRuz7 * Lack of detail about Trump stimulus unsettles markets * Policymakers struggle to stay ahead of coronavirus * Oil futures
UPDATE 2-BoE allows banks to tap capital cushion during coronavirus
(Adds news conference, reaction) By Huw Jones LONDON, March 11 (Reuters) – The Bank of England told banks on Wednesday they can tap one of their capital buffers to maintain
GLOBAL MARKETS-Stock rebound stalls as doubts about U.S. virus response grow
* Asian stock markets: tmsnrt.rs/2zpUAr4 * Tracking the coronavirus: tmsnrt.rs/3aIRuz7 * Lack of details about Trump stimulus unsettles markets * Policymakers struggle to stay ahead of coronavirus * Oil futures
PRESS DIGEST- Financial Times – March 11
March 11 (Reuters) – The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Rishi Sunak
GLOBAL MARKETS-Stocks, oil rebound after prior day's brutal market rout
* Markets gain on investor hope of monetary, fiscal stimulus * U.S. stocks up more than 1%, but Europe closes lower * Oil prices bounce 8% after huge drop; gold
WRAPUP 3-N.American oil companies ready more cuts to cope with $30/bbl oil
(Adds Occidentals plans) By Shariq Khan and Liz Hampton March 10 (Reuters) – Occidental Petroleum Corp on Tuesday became the latest to join a growing list of hard-pressed North American