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Equities Sink After Wall St Drop As New Virus Cases Spike

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Concerns about the impact on demand from the reimposition of some containment measures weighed on oil markets. Read more

Under Pressure Boris Johnson Launches UK Public Spending Drive

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Johnson's new package is intended to meet the unprecedented challenge the pandemic has posed to the economy, and restore... Read more

Stock Markets Mostly Down As New Virus Cases Temper Reopening

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Oil prices dipped after a healthy advance on Friday. Read more

EU Leaders Launch Talks On Huge Virus Recovery Plan

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Europe faces its biggest recession in the bloc's 63-year history, and states are under pressure to look beyond their own... Read more

Latin America Passes 70,000 Deaths As Virus Slashes Global Economy

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Elsewhere around the globe, clusters of infection were growing as governments relaxed restrictions. Read more

BoE's Andrew Bailey: UK Risks 'longer And Harder Recovery'

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Britain's economy shrank in the first quarter at the fastest pace since the global financial crisis as the country went ... Read more

Japan Central Bank In $279 Bn Loan Boost For Small Firms

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Japan was struggling from the effects of natural disasters and a hike in consumption tax even before the pandemic crippl... Read more

Virus Could Cut Up To 9.7 Percent Off Global Economy: ADB

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Many airlines have either retrenched staff or told their employees to take unpaid leave. Read more

WTO Chief To Step Down Early As Global Economic Crisis Rages

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The Brazilian diplomat, who became the WTO chief in 2013, suggested that an early change of leadership would help it fac... Read more

Nearly 600,000 Australians Lose Jobs As Virus Lockdown Bites

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The Treasury has forecast the unemployment rate will reach 10 percent in the June quarter. Read more

Virus-slammed UK Economy Slumps At Fastest Pace Since 2008

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The nation's second-quarter contraction is meanwhile expected to be far steeper than the first. Read more

Virus Lockdowns Scale Back May Day Rallies

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This year the date carries extra significance after the COVID-19 outbreak sent the global economy into a historic tailsp... Read more

Hopes Rise In Virus Battle As US Scientists Hail Drug Trial

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A clinical trial of the drug remdesivir showed that patients recovered about 30 percent faster than those on a placebo. Read more

Asia Markets Lifted By Hopes Worst Of Virus Has Passed, Oil Falls

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New York Governor Andrew Cuomo said that a first stage of a reopening would start on May 15 if hospitalisations decrease... Read more

Eurozone Economy Suffers 'unprecedented' Collapse

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Employment in Europe plummeted for the second month running. Read more