Vice President Mike Pence says the American economy will recover from the coronavirus lockdown and more than 100,000 Americans are now being tested daily for the virus. He speaks to Bloomberg's David Westin on "Balance of Power."
RockCreek Group Chief Executive Officer and founder Afsaneh Beschloss says oil could stay "closer to the $20 range" due to global economic weakness.
An easing of Italy's death rate is providing a bit of hope that Europe may be seeing a peak in the coronavirus pandemic.
In response to stiff criticism, Amazon.com plans to roll out temperature checks and face masks for staff at all its U.S. and European warehouses and Whole Foods locations next week, Reuters learned exclusively. Conway G. Gittens has the details.
Vice President Mike Pence said more than 100,000 Americans are now being tested daily for coronavirus, as the government tries to ramp up its response to tracking the outbreak. He speaks to Bloomberg's David Westin on "Balance of Power."
Vice President Mike Pence says the U.S. economy will strongly rebound from mounting unemployment amid the coronavirus pandemic, after the number of jobless claims grew to 10 million over the past two weeks. He speaks to Bloomberg's David Westin on...
President Donald Trump said he expects Saudi Arabia and Russia to cut oil production by around 10 million barrels a day following a phone call with Crown Prince Mohammed Bin Salman on Thursday.
Boeing CEO Dave Calhoun outlined a plan of voluntary layoffs for employees Thursday. As Fred Katayama reports, he also warned that the coronavirus pandemic would have a lasting impact on the global aerospace industry.
The bosses of Volkswagen, BMW and Daimler held a crisis call with German Chancellor Angela Merkel on Wednesday to discuss how to get production restarted, Germany's Handelsblatt newspaper reported Thursday. Ciara Lee reports
SoftBank has pulled a $3 billion tender for more shares in WeWork, deepening troubles for the office-sharing firm.
Mark Kiesel, chief investment officer of global credit at Pacific Investment Management Co., discusses the outlook for Treasuries and corporate bond markets amid massive demand for new issuance.
The number of Americans filing claims for unemployment benefits last week shot to a record high for a second week in a row - topping 6 million - as more jurisdictions enforced stay-at-home measures to curb the coronavirus pandemic. As Fred Katayama r
Julian Emanuel, chief equity and derivatives strategist at BTIG, says you can tell a market is starting to bottom when it ceases reacting negatively to bad news. He spoke on "Bloomberg The Open" as U.S.
A total of 6.65 million people filed jobless claims in the week ended March 28 as businesses closed around the nation to try and mitigate the coronavirus outbreak.
Los Angeles Mayor Eric Garcetti recommends that all of the city's residents wear homemade masks when they need to leave the house. Garcetti spoke during a press conference on Thursday, April 1.
China's plan to start buying up cheap oil for its strategic reserves sent Brent crude prices sharply higher.
Jason Furman, Harvard Kennedy School professor of the practice of the economy, discusses the build-up of U.S. debt from stimulus aimed at combating the impact of the coronavirus pandemic.
Joyce Chang, chair of global research at JPMorgan, sees loss of income as the biggest of a number of economic impacts from the coronavirus pandemic.
Italy could see GDP fall as much as 11.5%, says European House - Ambrosetti Managing Partner and Chief Executive Officer Valerio De Molli, as he calls for solidarity on European debt.
World stocks were pinned down on Thursday by the rising death toll from the new coronavirus and deepening economic pain, with another record week of jobless claims expected in the United States. Ciara Lee reports
British Airways may suspend around 32,000 staff according to Reuters sources, after most of its planes were grounded.
European Commissioner for Economy and Financial Affairs Paolo Gentiloni discusses the impact of the coronavirus pandemic on the economy.
The Chinese, Hong Kong and Singapore economies are set for a "healthy recovery" in the second half of the year, according to Standard Chartered Plc Chief Executive Officer Bill Winters.
U.S. President Donald Trump said he has invited U.S. oil executives to the White House to discuss ways to help the industry "ravaged" by slumping energy demand during the coronavirus outbreak and a price war between Saudi Arabia and Russia.
Adam Marshall, director general for the British Chambers of Commerce, discusses the cash reserves of U.K. businesses and the problems companies are facing.
French utility Engie SA's decision to scrap its dividend was a "difficult decision" but "it does maximize our flexibility" amid the uncertainty of the coronavirus pandemic, Chief Financial Officer Judith Hartmann said in an interview on "Bloomberg...
Jenna Lee, founder and chief executive officer of AIM, a quant-based hedge-fund style investment management firm that serves mostly retail clients in South Korea, shares her views on the markets, investor sentiment and her strategy. AIM has $200 m...
The World Health Organization warned countries battling to contain the spread of the coronavirus pandemic not to change their policies every single day. "We need to be very careful not to knee jerk," Mike Ryan, the head of the WHO's health emergen...
The World Health Organization warned that the coronavirus can be a deadly disease for people in their thirties, forties and fifties and that everybody has a role to play to limit its spread. "Covid-19 is a real threat to everyone on the planet," M...
Philip Thomas, professor of risk management at University of Bristol, discusses the U.K government's rescue plan to combat the fallout from the coronavirus and what he thinks needs to be done to help.
Australian Prime Minister Scott Morrison says the government is offering free childcare to about 1 million families as it steps up efforts to cushion the impact of the coronavirus. He speaks at a press briefing in Canberra.
Coronavirus deaths in the U.S. continue to climb sharply in New York and New Jersey with governors releasing data showing a doubling of fatalities in the past three days. New York's death toll reached almost 2,000 while New Jersey recorded more th...
Thomas Harr, global head of FI&C research at Danske Bank, discusses volatility in equity markets and his outlook for fixed income.
AirAsia Group Bhd. Chief Executive Officer Tony Fernandes discusses how the budget carrier is coping with the coronavirus outbreak. AirAsia Group is weighing options for its long-haul unit AirAsia X Bhd. including introducing a financial investor ...
Jinzi Wu, chairman and chief executive officer of Hong Kong-listed Ascletis Pharma Inc., which specializes in antiviral treatment, discusses the company's efforts to fight the coronavirus.
Stefan Leser, chief executive officer at Langham Hospitality Group, discusses how the coronavirus outbreak is weighing on the hotel industry.
Chris Brightman, chief investment officer at Research Affiliates LLC who co-manages the PIMCO All Asset and All Asset All Authority funds, discusses the volatility in financial markets and his strategy.
China's big three carriers are striking a defiant tone in their annual results saying the impact of the coronavirus on their operations won't last long despite unprecedented disruption.
Takeshi Niinami, president and chief executive officer at Suntory Holdings Ltd., discusses the impact of coronavirus on the business and the challenges he's facing in the work from home environment.
The U.S. intelligence community has now accused China of concealing the extent of its coronavirus reporting of the outbreak. That's according to 3 U.S. officials citing a new classified report to the White House.
02 Apr 2020 - Rural Funds Management as responsible entity for the Rural Funds Group (ASX:RFF) has been awarded damages over a Bonitas short sell report.
02 Apr 2020 - Webjet (ASX:WEB) has successfully completed its $115 million institutional placement and the institutional component of its 1 for 1 accelerated nonrenounceable pro-rata entitlement offer.
A feud is escalating between Qantas Airways Ltd. and its closest Australian competitor over the ethics of state aid, just as airlines facing collapse around the world race to secure bailouts.
President Donald Trump says his administration is weighing whether to halt flights from some of the cities hardest hit by the coronavirus outbreak -- including New York and Miami -- but is wary of further harming the airline industry. He speaks at...
02 Apr 2020 - Westpac (ASX:WBC) Chairman John McFarlane today announced the appointment of Peter King as Chief Executive Officer.
02 Apr 2020 - Whitehaven Coal (ASX:WHC) is pleased to announce the appointment of Ian Humphris as Executive General Manager – Operations, effective from Monday, succeeding Quentin Granger, who has held the role on an interim basis since December 2...
Westpac Banking Corp. said acting Chief Executive Officer Peter King will take on the role permanently for the next two years as Australia's oldest bank seeks stability amid the coronavirus crisis.
SoftBank Group Corp. plans to let the deadline for a $3 billion deal with WeWork investors expire without completing the agreement to buy more equity, despite threats of legal action from some members of the company's board, according to people fa...