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UPDATE 1-Airlines seek emergency aid as coronavirus brings industry to near-halt

LONDON/PARIS (Reuters) - Airlines made unprecedented cuts to flights, costs and staffing on Monday, stepping up calls for emergency aid as coronavirus lockdowns...

El-Erian blasts Fed, saying it should have been 'laser-focused' on market failures and cut...

Economist Mohamed El-Erian said Monday the Federal Reserve wasted a large part of its monetary policy arsenal to fight the economic fallout of the...

UPDATE 1-Make us ventilators to fight coronavirus, UK government asks manufacturers

* UK asks companies to make health equipment * Johnson to hold call with major companies * Johnson to give news conference *...

TEXT-Bank of Korea statement on emergency policy decision

SEOUL, March 16 (Reuters) - South Korea’s central bank on Monday took the emergency step of cutting the benchmark interest rate by 50...

Unite Group to reduce summer business programme

March 16 (Reuters) - Unite Group, which owns and manages student accommodation in the UK, said on Monday it would scale back its...

UPDATE 2-Abu Dhabi unveils measures to ease coronavirus impact on private sector

(Recasts with Abu Dhabi measures) DUBAI, March 16 (Reuters) - Abu Dhabi on Monday launched a slate of measures aimed at easing the...

Australia's CBA says will admit to allegations in two lawsuits by regulator

March 16 (Reuters) - Australia’s Commonwealth Bank said on Monday it will not contest two lawsuits by the country’s corporate regulator that stemmed...

SE Asia Stocks-Slump as Fed relief measures fail to calm virus panic

* Malaysia flags $800 million impact to tourism from virus * Philippine central bank hints at...

GLOBAL MARKETS-Stocks plunge, dollar slides as Fed's emergency cut spooks investors

* Fed cuts rates to 0-0.25% * Dollar drops 2% vs yen * Australian market down 7%, Nikkei futures sliding * Asian stock...

EXPLAINER-What do the Fed's latest moves mean for U.S. consumers?

WASHINGTON/NEW YORK (Reuters) - The U.S. Federal Reserve unleashed new emergency measures on Sunday night to limit the economic harm from the coronavirus,...