Total among companies seeking force majeure on EDF contracts: sources

Due to the fall in power consumption, wholesale prices are far from the 42 euros/MWh suppliers paid for the ARENH contract. France’s baseload power contract for June delivery TRFRBMM0 is trading 20.40 euros/MWh, while the contract for the third quarter TRFRBQU0 was at 26.20 euros/MWh, by 0920 GMT.

Unlocking India and antibody test plans: Covid-19 news from the country

The number of deaths from the coronavirus disease (Covid-19) topped 100 on Sunday as the total infections crossed 4,000 – 503 of them in Delhi – with the central government pegging the doubling rate of the pathogen’s spread at 4.1 days, a figure it said would have stood at 7.4 in the absence of the […]

NBCUniversal Chief Executive Jeff Shell tests positive for coronavirus in the latest blow to the media company after shutting down film and TV production after outbreak

‘Is it a possibility? Yes. If somebody gets a little bit out of control, if an area gets too hot,’ he said during the bilateral meeting with Irish Prime Minister Leo Varadkar.

Japan stocks fall on coronavirus warnings at home, abroad

TOKYO, April 2 (Reuters) – Japanese stocks fell for a fourth straight session on Thursday, as investors were spooked by comments that the Asian country was on the verge of a coronavirus crisis and by a warning from U.S. President Donald Trump of a “painful” two weeks ahead.

Japan shares end lower as coronavirus worries pile up

The largest percentage losses in the index were department store operator J.Front Retailing Co Ltd down 8.15%, followed by printer and electronics maker Seiko Epson Corp losing 7.39%, and Subaru Corp down 7.2% after the auto maker said it would suspend global production.

Health care, oil firms buoy Japan stocks ahead of U.S. payrolls

Investors are now looking to Friday’s U.S. non-farm payrolls report for March, which is expected to show the world’s largest economy lost 100,000 jobs as companies quickly jettisoned workers in response to the coronavirus pandemic.

Three major nursing home companies are DENIED tests for residents – despite spate of deaths from suspected outbreaks

She added: ‘They are in the prioritised list already, so the groups routinely tested – and have been ever since we have started responding to this incident – include potential outbreaks in care homes. That’s been going on from the start.’

Norwegian Air’s March traffic tumbles 60% amid virus lockdown

A pioneer in low-fare transatlantic air travel, the carrier’s rapid expansion has left it heavily in debt. It has repeatedly raised cash from shareholders in order to stay in business and its Oslo-listed shares have plunged 78% so far this year.

Rolls-Royce scraps targets, dividend on pandemic hit

Rolls-Royce, whose engines power Airbus and Boeing’s widebody jets, is paid by airlines based on how many hours its engines fly, but over 60% of the world’s widebody fleet are now grounded according to aviation data provider Cirium.

News Broadcasting Corporation comes forward to fight Covid-19 crisis.

News Broadcasting Corporation (NBC) today announced that with the ongoing Covid-19 crisis, the company is not silent and taking all precautionary measures and support while assuring health and safety of its employees and society as part of its Corporate Sustainable Responsibility.