Trading was halted temporarily in Bangkok and in Mumbai after the main benchmarks in both markets hit the 10% downside limit. After trading resumed, Thailand’s SET 100 was down 8.7% and the Sensex in Mumbai had swooned 9.4%.
mc-business
The show, which is held every three years, is at the Las Vegas Convention Center.
With the new coronoavirus outbreak impacting the travel industry Las Vegas’ McCarran International Airport is starting to see the effects.
Wynn Resorts will temporarily cancel all large entertainment gatherings in its Las Vegas and Boston resorts and also install temperature monitors at its entrances.
Las Vegas Strip resorts are slashing nightly room rates as the coronavirus outbreak impacts tourism.
Although the coronavirus outbreak is leading to some airlines slashing route schedules, passenger traffic Thursday morning was moderate at McCarran International Airport.
The twice-a-year retail trade show was scheduled for March 22-25 at the Las Vegas Convention Center.
Strip workers are starting to see their hours cut as the coronavirus outbreak weakens the travel and tourism industries.
MGM Chairman and CEO Jim Murren said the “unforeseen and unprecedented volatility” in the financial markets impacted the company’s ability to determine an offering price range.
An estimated 5,000 people were expected to attend the event, according to figures from the Las Vegas Convention and Visitors Authority.
The National Cannabis Risk Management Association has postponed its NCRMA 2020 convention, scheduled to be held March 22-24 at Bally’s, due to coronavirus concerns.
The trade group representing the $261 billion U.S. casino industry is looking into stimulus action as the coronavirus outbreak weakens the industry’s performance.
The list of business conferences in Las Vegas that have either postponed or canceled continues to grow with the latest being the National Association of Divorce Professionals.
The expo released a statement Thursday saying recent developments such as participant cancellations and the World Health Organization labeling the coronavirus as a global pandemic, have led it to postpone the event for the safety of its members and attendees.
The Fed announced Thursday that it’s injecting $500 billion into short-term lending markets to address disruptions in the Treasury market.
The annual event was scheduled to take place April 25-30 and was estimated to draw in about 3,500 attendees, according to the Las Vegas Visitors and Convention Authority.
Brian Hedlund, a microbiologist and UNLV Professor, did a study looking at how much bacteria is on Las Vegas casino chips about 15 years ago. Turns out, they’re pretty dirty.
The Nightclub Bar Show Las Vegas has been postponed from this month until June as a precaution due to concerns about the coronavirus.
Digital Signage Expo, which was scheduled at Las Vegas Convention Center March 31 through April 3 has been postponed until late summer/early fall.
Because of the virus outbreak, room rates have dipped, with some resorts charging as much as 86 percent less for a stay during the draft compared to May prices.
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