Coronavirus Wreaks Financial Havoc As Global Infections Pass 100,000
LONDON/LOS ANGELES, March 6 (Reuters) – Business districts around the world began to empty and stock markets tumbled on Friday as the number of coronavirus infections passed 100,000 and the economic damage wrought by the outbreak intensified.
An increasing number of people faced a new reality as many were asked to stay home from work, schools were closed, large gatherings and events canceled, stores emptied of staples like toiletries and water, and face masks a common sight.
In London, Europe’s financial capital, the Canary Wharf district was unusually quiet. S&P Global’s large office stood empty after the company sent its 1,200 staff home, while HSBC has asked around 100 people to work from home after a worker tested positive for the illness.
In New York, meanwhile, JP Morgan divided its team between central locations and …continued .
[Source: Huffington Post]