(Bloomberg) — Morgan Stanley and Goldman Sachs Group Inc. economists said the coronavirus will inflict greater economic pain than they previously expected as they warned of...
(Bloomberg) — China’s economy will swiftly return to its potential growth rate and there’ll be a significant improvement in the coming three months, a senior central bank...
(Bloomberg) — Amazon.com Inc. Chief Executive Officer Jeff Bezos warned his company’s 800,000 employees that the coronavirus outbreak will likely “get worse before it gets better,” according...
(Bloomberg) — The car-sharing company Getaround is actively seeking a sale as the coronavirus outbreak has sent demand plunging and left the startup dangerously short on cash, according to...
(Bloomberg) — While dealmakers brace for a year of gloom and doom, a small pocket of the M&A world has been defying the downturn. Investors are plowing...
(Bloomberg) — Dubai’s ruler Sheikh Mohammed Bin Rashid Al Maktoum asked local banks to offer companies relief, including refinancing and repayment referrals, as part of measures aimed...
(Bloomberg) — India’s Prime Minister Narendra Modi urged the country’s 1.3 billion citizens to stay indoors to protect themselves from the fast-spreading coronavirus, hours after the government...
(Bloomberg) — The Cannes film festival, one of the entertainment industry’s most prestigious events, will be postponed as the coronavirus forces France into lockdown. The festival joins...
(Bloomberg) — Oil rebounded after plunging to the lowest level in 18 years as investors weigh efforts by policymakers across the globe to strengthen economies against the...
(Bloomberg) — Emirates, the world’s biggest long-haul airline, is looking at grounding the bulk of its 115 Airbus SE superjumbos as the coronavirus undermines global travel demand,...