MARKETS & ECONOMY
-
Coronavirus: Eurozone economy shrinks at record rate
he eurozone economy shrank at the sharpest pace on record in the first quarter as the Covid-19 pandemic forced countries…
Read More » -
Global energy use suffers ‘historic shock.’ It’s like demand from India has been wiped out
London (CNN Business)Global energy use has been dealt such a huge blow by the coronavirus pandemic that it’s like wiping…
Read More » -
Coronavirus: ‘World faces worst recession since Great Depression’
The global economy will contract by 3% this year as countries around the world shrink at the fastest pace in…
Read More » -
Europe Prepares for Slow Return to Business as Virus Passes Peak
Europe, which has recorded more than 100,000 deaths from the coronavirus outbreak, is preparing for a gradual return to business,…
Read More » -
Coronavirus: A visual guide to the economic impact
The coronavirus outbreak, which was first detected in China, has infected people in 185 countries. Its spread has left businesses…
Read More » -
Coronavirus: Six industries crying out for help
As the coronavirus pandemic continues, more and more sectors of the economy are feeling the strain. And with banks under…
Read More » -
Talks to Cut the World’s Oil Production Drag On for a Third Day
The world’s largest oil producers were still grasping for a deal to rescue energy markets from a coronavirus-induced collapse after…
Read More » -
Europe’s Crisis Impasse Signals Greek Lesson Not Yet Learned
(Bloomberg) — Europe’s fiscal stalemate over a joint economic response to the coronavirus suggests its finance chiefs are still struggling…
Read More » -
Worst recession in decades piles pressure on EU to agree new relief package
London (CNN Business)Europe’s top two economies are contracting at their fastest pace in decades, according to forecasts published Wednesday, underscoring…
Read More » -
CNN Poll: Views of economy plummet as financial hardship from coronavirus hits half of Americans
(CNN)Six in 10 Americans now say the economy is in poor shape, up 30 points since last month, according to…
Read More »