"Travel Ban". Airlines and the tourism sector as a whole will suffer a new shock with Donald Trump's 30-day ban on transatlantic travel. The US President has banned air exchanges with Europe, except for the United Kingdom and Ireland.  American Airlines fell more than 14 %, Delta Airlines, United Jet Blue... So many players exposed air travel will be affected.

Boeing's worst crisis. The group is working to preserve its liquidity with the current crisis, which comes on top of the B737 MAX crisis, causing the Boeing share, deserted by burned investors, to plunge to -18.15% yesterday at closing. COVID-19 will have an impact on the ability of airlines to renew their fleets and take delivery of orders already placed. We should expect delays in the coming weeks, hoping that the number of carrier bankruptcies will be limited.

Pressure is mounting on Occidental. Carl Icahn is raising Occidental Petroleum's share to nearly 10%, according to Wall Street Journal reports. By the end of 2019, the billionaire was credited with about 2.5%. The share of the oil group sank again yesterday, with the announcement of cost-cutting measures and a reduction in its dividend, in a heavy atmosphere for the sector. The stock has lost more than 70% of its value since 1 January.

Change of driver. Bombardier appoints Eric Martel as President and CEO as of April 6, from Hydro-Québec. Alain Bellemare therefore leaves the company prematurely, after negotiating the sale of the rail division to Alstom. "With the five-year recovery plan almost complete, the members of the board, including Alain Bellemare, unanimously concluded that the time had come for a new leader to take the reins of the company," the company said modestly in its press release. Martel had already worked at Bombardier before leaving for Hydro-Québec.

In other news. Baloise increases its dividend to CHF 6.40. Zur Rose is modernizing its organization and strengthening its management. Dufry will adapt to the new air transport situation by adjusting its costs and staffing levels. Meyer Burger increases its losses. Stefan Schulze will take over as CEO of Vifor Pharma. Best Buy’s president Hubert Joly is leaving the company.