Rwanda struggles to test as COVID-19 cases rise

Bernie Sanders withdraws from US presidential race leaving Biden to face-off against Trump

Mr Sanders announced he was suspending his campaign during a conference call with staff today.

This is a breaking story. More to follow.

Stock Alert: BlueLinx Holdings Up As Q1 Sales Improve

Shares of building products distributor BlueLinx Holdings Inc. (BXC), are climbing more than 18% after the company announced its first quarter preliminary net sales growth of 9% from last year.

The company said there is no disruption in its supply chain due to COVID-19 pandemic.

First quarter earnings is scheduled on May 6.

BXC is currently trading at $4.90. It has traded in the range of $3.60- $35.40 in the past 52-weeks.

Stock Alert: Fiverr Climbs 20% On Optimistic Outlook

Shares of Fiverr International Ltd. (FVRR) are spiking more than 20% Wednesday morning.

The company, a provider of online marketplace for selling goods and services, in a letter to the shareholders said it expects revenue and adjusted EBITDA for the first quarter to be slightly above its previous guidance.

Fiverr said its marketplace had a strong start to 2020 and this momentum continued through mid-March. In the third-week of March, due to COVID-19 pandemic, the activity on its platoform had declined 10-15% from the week earlier. However, in the following week, the company said it rebounded and continuing the growth into the beginning of April.

FVRR is trading at $28.81. It has traded in the range of $17.11- $44.25 in the last one year.

Intuitive Withdraws 2020 Guidance

Intuitive (ISRG) has withdrawn its full year 2020 financial and procedure guidance, due to the uncertainty related to COVID-19 and its negative impact on its operations.

First quarter 2020 estimated worldwide da Vinci procedures increased about 10% compared with the first quarter of 2019.

The company shipped 237 da Vinci Surgical Systems in the first quarter of 2020 compared with 235 in the first quarter of 2019.

The company is scheduled to report its first quarter 2020 results on April 16, 2020.

Stock Alert: KNOT Offshore Partners Climbs 12%

Shares of KNOT Offshore Partners LP (KNOP) are climbing more than 12 percent in Wednesday’s trading at $10.80. The stock has traded in a range of $8.67 to $20.97 in the past 52 weeks.

KNOT Offshore Partners owns and operates shuttle tankers under long-term charters in the North Sea and Brazil. Tuesday, the company said its board of directors declared a quarterly cash distribution for the quarter ended March 31, 2020 of $0.52 per common unit, which corresponds to $2.08 per outstanding common unit on an annualized basis.

The cash distribution will be paid on May 14, 2020 to all unitholders of record as of the close of business on May 1, 2020.

KNOT Offshore noted that despite the global impact of the Covid-19 virus and the decline in oil prices, its underlying business continued to perform well in the first quarter of 2020.

The partnership’s vessels operated throughout the first quarter of 2020 with 99.6 percent utilization for scheduled operations and 95.2 percent utilization taking into account the scheduled 5-year special survey drydocking of the Raquel Knutsen.

Raquel Knutsen went back on charter on March 5, 2020. The company noted that no further drydockings are scheduled for any of the partnership’s fleet for the remainder of 2020.

Stock Alert: BlueLinx Holdings Up As Q1 Sales Improve

Shares of building products distributor BlueLinx Holdings Inc. (BXC), are climbing more than 18% after the company announced its first quarter preliminary net sales growth of 9% from last year.

The company said there is no disruption in its supply chain due to COVID-19 pandemic.

First quarter earnings is scheduled on May 6.

BXC is currently trading at $4.90. It has traded in the range of $3.60- $35.40 in the past 52-weeks.

Jordan says coronavirus will leave "deep negative impact" on its finances

AMMAN, April 8 (Reuters) – Jordan’s state finances will be deeply hurt by a loss of revenue caused by the impact of the coronavirus on it’s economy but the aid-dependant kingdom will be able to repay its foreign debt obligations, the finance minister said.

Mohammed Al Issis said in televised remarks on state television that the government’s 2020 budget priorities would also be affected by a steep fall in economic activity as a result of a lockdown ordered to stem the spread of the virus.

US data shows African Americans more likely to die from COVID-19

Preliminary data highlights inequalities in health and access to medical care.

Preliminary data from the United States indicates that African Americans are more likely to die from the coronavirus – highlighting the inequalities in health and access to medical care.

Al Jazeera’s Alexi O’Brien has more.

Walmart's Mexico unit hires over 7,700 employees to manage higher demand

MEXICO CITY (Reuters) – Walmart de Mexico, known locally as Walmex (WALMEX.MX), has hired 7,741 employees to manage higher volume and demand at its stores, the retailer said in a statement on Wednesday

Rwanda struggles to test as COVID-19 cases rise

Like many other nations in Africa, Rwanda is struggling to keep up with testing to contain the pandemic.

Like many other nations in Africa, Rwanda is struggling to carry out enough daily tests to control the coronavirus pandemic.

The number of infections is rising, despite the government ordering a total lockdown almost three weeks ago.

Healthcare workers say they have enough medical supplies and ventilators for those who may need critical care – for now.

Al Jazeera’s Catherine Soi reports.