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Oil Jumps After Three-Day Slump But Virus And Oversupply Still Weigh

2020-03-19 14:15:01| OGI

Oil prices bounced nearly 7% on March 19 after a three-day selloff drove them to their lowest in almost two decades as demand plummeted due to the coronavirus and supplies surged in a fight for market share between Russia and Saudi Arabia.

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Next fears virus sales hit more than supply issues

2020-03-19 11:36:00| Daily apparel & textile news and comment - from just-style.com

UK fashion and homeware retailer Next Plc has warned it could lose up to GBP1bn (US$1.15bn) in sales as the coronavirus impacts demand - but says it is armed with various measures that could help control costs and conserve cash.

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COVID-19: How is the virus impacting U.S. agriculture?

2020-03-18 18:56:00| Beef

As the coronavirus continues to sweep across the nation, here are articles and resources that illustrate the economic ramifications for farmers and ranchers.

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Inditex writes down inventory as virus impacts sales

2020-03-18 11:16:00| Daily apparel & textile news and comment - from just-style.com

Inditex, the owner of brands including Zara and Bershka, has recorded a EUR287m (US$316m) inventory charge on the back of the coronavirus (Covid-19) outbreak which it says has hit its sales in the first two weeks of March.

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Virus could shake up world's most expensive cities

2020-03-18 04:32:06| BBC News | Business | UK Edition

The rankings of the most expensive cities to live in could see a big shift after coronavirus impact.

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