europe
Fed to buy as much government debt as needed to aid economy
In its boldest effort to protect the U.S. economy from the coronavirus, the Federal Reserve says it will buy as much government debt as it deems necessary and will also begin lending to small and large businesses and local governments to help them weather the crisis.
Bangladesh economy under threat due to COVID-19: ICC,B
The International Chamber of Commerce, Bangladesh (ICC,B) has urged the policymakers to take the lead in bringing both public and private sector leadership together nothing that Bangladesh economy is under threat due to COVID-19.
Factories pivot to fight coronavirus, but challenges abound
Factories that crank out cars and trucks looking into making much-needed ventilators. Distilleries intended for whiskey and rum to instead turn out hand sanitizers and disinfectants. And an electronics maker that builds display screens repurposed for surgical masks.
UK supermarkets to recruit tens of thousands workers amid COVID-19 pandemic
Major supermarkets plan to create tens of thousands of extra jobs across Britain to help keep shops open and stocked during the novel coronavirus pandemic.
Business Fallout: Airlines beg for aid; Google launches site
The rapid worldwide spread of the coronavirus since it was first revealed in China less than three months ago has dealt an unparalleled shock to the global economy.
Economic rescue tops $1 trillion as negotiations continue
Top-level negotiations between Congress and the White House pushed into the night Saturday on a ballooning $1 trillion-plus economic rescue package, as President Donald Trump urged a deal to steady a nation shuttered by the coronavirus pandemic.
Business Fallout: Starbucks limits access, Target raises pay
Less than three months ago came the first reports of cases of pneumonia related to a virus first detected in Wuhan, China. The outbreak of the virus that causes COVID-19 has caused unprecedented disruptions that have brought an unparalleled shock to the global economy.
One-two punch of new virus, falling oil prices threaten Iraq
The economic fallout from the coronavirus coupled with a sudden drop in oil prices is threatening to catapult Iraq into an unprecedented crisis.
Ford suspends dividend, borrows to weather virus downturn
Ford is suspending its dividend to preserve cash as vehicles sales fade due to the coronavirus outbreak.
Small business falls victim to virus
The coronavirus delivered a pair of gut punches to Theodore Peck, owner of a coffee shop and bakery in Brooklyn.