Virus anxiety rises on dire White House projections

Thu, 02 Apr 2020

Investor anxiety at the spread of covid-19 is back front and centre after While House projections pointed to a looming spike in deaths in the US.US President Donald Trump warned of a “tough” two weeks ahead and the White House said modelling showed between 100,000 and 240,000 people could die – even if federal guidelines on containing the virus are followed.The US now has 199,092 of the world’s 905,279 cases, according to data compiled by Johns Hopkins University. There have been 3,603 deaths, according to the US Centre for Disease Control.Tedr...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Stay informed on business, government and financial developments across New Zealand.
Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].interval) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Policy

Trump pledges tariffs on Mexico, Canada and China

Move indicates Trump will follow through on tough campaign rhetoric.

The Wall Street Journal 2:00pm

Markets

Aroa posts $1.5m HY loss, forecasts annual profit

Auckland surgical products company is forecasting annual profit of between $2m to $6m.

John Anthony 2:00pm

Aroa posts $1.5m HY loss, forecasts annual profit

Markets

Pacific Edge posts $14.5m loss

The cancer diagnostics company is awaiting outcomes of several events.

John Anthony 1:30pm

Sponsored

Electric vehicles charge ahead for summer road trips as Z Energy boosts network

Expanded charger network makes long-range drives easier.

Z Energy

Sponsored

Culture strengthens Māori business

Collaboration and culture offer strength in turbulent times.

BDO

More Markets

Markets

Rocket Lab nabs Biden funding

Rocket Lab has hit a milestone by launching two Electron rockets within 24 hours.The New Zealand-American firm also said on Tuesday it had finalised US$23.9 million (NZ$41.3m) in Biden administration “Chips Act” funding.Proposed recipients of funding under the legislation, design...

Staff reporters 3:30pm