Marriott International Inc on Monday reported a 92% slump in profit for the first quarter, as bookings plunged due to coronavirus-led travel restrictions.British Airways owner IAG has exhausted every avenue to shore up its finances and is burning through cash, its CEO said on Monday, as the aviation industry warned of the fresh damage it would suffer if Britain quarantines international arrivals.
8. Stocks are mixed. In Asia, Hong Kong's Hang Seng rose 1.21%, the Nikkei 225 rose 1.29%, China's Shanghai Composite rose 0.83%. In Europe, The Eurostoxx 50 fell 0.71%, Germany's Dax fell 0.60% and the FTSE 100 fell 0.34%. In the US, futures underlying the Dow Jones Industrial Average fell 0.54%, the S&P 500 fell 0.54% and the Nasdaq 100 fell 0.31% as of 7:37 a.m. ET.
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