IMF chief says coronavirus wipes out hopes for stronger growth in 2020
The global spread of the novel coronavirus will wipe out any hope of stronger growth in 2020, International Monetary Fund Managing Director Kristalina Georgieva said...
New BoE boss Bailey says won’t back immediate virus rate cut
The Bank of England should wait until it has more clarity about the economic hit from the coronavirus outbreak before making any decision to cut...
Follow the Fed? Why central banks will not be rushed on coronavirus response
Will the world’s big central banks leave U.S. Federal Reserve Chair Jerome Powell hanging? They are certainly going to try....
Campbell Soup boosts guidance as profit beats forecasts; shares jump
Campbell Soup Co on Wednesday raised its fiscal full-year earnings forecast and posted better-than-expected quarterly profit and sales due to strong demand for soups and...
James Bond movie release pushed back seven months amid coronavirus
The global release of the new James Bond film “No Time to Die” was postponed on Wednesday by seven months amid the coronavirus disruption that...
U.S. House set to debate $8.3 billion bill to fight coronavirus
Legislation aimed at helping control the spread of coronavirus and develop a vaccine for the highly contagious disease is set to begin moving through the...
EPA mulls ways to stabilize biofuel costs for refiners, with waiver program at risk
The U.S. Environmental Protection Agency said on Wednesday it is mulling new measures to help oil refiners cope with the cost of complying with the...
Coronavirus could cost African airlines $40m
African airlines are facing a hit of up to $40 million from the coronavirus outbreak, an industry body said on Wednesday. Lucy Fielder reports....
Nigeria’s homosexuality trial told ‘no women arrested’
The trial of 47 men charged under an internationally-condemned law criminalising homosexuality has been told no women were arrested in a police raid on a...
Motor racing: New Mercedes steering wheel is classic F1, says amused Brawn
An innovative Mercedes dual-axis steering (DAS) system is ‘classic Formula One’ but could be protested at next week’s season-opening Australian Grand Prix and will be...