08 Apr 2020 - Following weak leads from US markets, the ASX looks set to open lower this morning. Britain and New York state have reported their worst daily death tolls since the coronavirus pandemic began. Back home, Prime Minister Scott Morrison...
The Dow gave up a more than 900-point rally to close the day lower in volatile trade. Conway G. Gittens has the numbers.
Tucked away in Colorado is a community of 8,000 that one U.S. biotech company is using as a prototype for coronavirus antibody testing, that could be crucial as the U.S. fights the spread of the contagion. Gavino Garay has more.
Stocks historically spend some time churning before they mark a bottom, notes DataTrek Research co-founder Nick Colas. The cavalry came early when policymakers approved stimulus measures, but the battle isn't over yet, he adds.
The global travel slump could cost 25 million jobs worldwide according to air travel industry body IATA.
Walgreens Boots Alliance is launching 15 'drive thru' coronavirus testing sites in the U.S. The tests are able to produce results in a matter of minutes. Conway G. Gittens has the details.
Exxon Mobil Corp throttled back a multi-year investment in shale, natural gas and deep water oil production Tuesday. As Fred Katayama reports, the largest U.S. oil producer said it will cut planned capital spending by 30% this year as the coronavirus
Britain's big supermarkets fear they won't be able to supply the country's 60 million people without longer opening hours or a relaxation of social distancing rules introduced to curb the spread of the coronavirus. Ciara Lee reports
Dairy Farmers in Arizona are faced with an unexpected surplus of milk after grocery stores limited purchase quantities and other dairy selling vendors closed.
Parsley Energy Inc. is willing to cut production 20% if others in the oil services industry cut output too, Chief Executive Officer Matt Gallagher says in an interview with Bloomberg's Alix Steel on "Bloomberg Daybreak: Americas."
Nigeria has requested nearly $7 billion for multilateral lenders as Africa's biggest economy, already hit by tumbling oil prices, tries to tackle the impact of the coronavirus epidemic.
Former Federal Reserve Governor Daniel Tarullo says the Fed should take on more risk amid the coronavirus pandemic than it did during the financial crisis of 2008.
Blackstone Group Inc. Chairman and Chief Executive Officer Stephen Schwarzman discusses the firm's $15 million donation to New York first responders and the economic fallout from the coronavirus pandemic.
Americans hurt by the coronavirus pandemic are skipping home-loan payments, and the trusts that own the mortgages are feeling the pain. Opportunistic funds have noticed.
Blackstone Group Inc. Chairman and Chief Executive Officer Stephen Schwarzman says the coronavirus pandemic will cause a huge disruption to the U.S. economy but it will be temporary because of the federal government's recent stimulus efforts.
Tina Fordham, Partner and Head of Global Political Strategy at Avonhurst, discusses the future of the U.K. as Boris Johnson's coronavirus symptoms worsen
Alessandro Rebucci, Johns Hopkins University Carey Business School Associate Professor of Finance & Economics, discusses the coronavirus will create an unprecedented economic decline in emerging markets.
Johns Hopkins Carey Business School Associate Professor of Economics and Finance Alessandro Rebucci examines the impact of the coronavirus pandemic on emerging markets, the global mortgage market, and Italian debt. He speaks on "Bloomberg Surveill...
House Speaker Nancy Pelosi told Democrats on a private conference call on Monday that the next round of stimulus from Congress aimed at the coronavirus pandemic will be at least another $1 trillion.
European and Asian stocks climbed again Tuesday on hopes that the virus crisis may have peaked in many key markets.
"Economic forecasting is incredibly hazardous at this stage," says Stephen King, senior economic adviser at HSBC, as he assesses the economic damage of the coronavirus pandemic.
"The safe haven appeal of the dollar is fading," says Valentine Marinov, head of G10 FX research and strategy at Credit Agricole.
Samsung Electronics said on Tuesday its first-quarter operating profit likely managed to rise slightly from a slump a year earlier, as solid chip sales helped cushion the blow from the coronavirus pandemic to smartphones and TVs. Ciara Lee reports
Erich Staake, chief executive officer at Duisport Group, discusses the impact of coronavirus on trade, shipping routes and supply chains and automation in the industry.
A new streaming service called Quibi launched to housebound audiences on Monday, delivering movies, reality shows and news to mobile devices in chunks of ten minutes or less. Gloria Tso has more.
Global food security concerns are mounting as some governments contemplate restricting the flow of staple foods with around a fifth of the world’s population under lockdown to fight the widening coronavirus pandemic.
International Monetary Fund Kristalina Georgieva discusses plans to double emergency funding to help poorer nations combat the coronavirus pandemic. She spoke during a World Health Organization briefing on March 3.
Accor SA Chief Executive Officer Sebastien Bazin says he's fighting to make sure the hotel group's operations are in shape when the rebound happens following the coronavirus pandemic. Accor has laid off 220,000 employees around the world due to th...
Chairman of Levitas Capital, Mike Fagan, speaks today with CEO of Boardroom.Media William Canty about potential trigger points for the next phase of the Covid-19 pandemic.
Chairman of Levitas Capital, Michael Fagan, speaks today with CEO of Boardroom.Media William Canty about leadership and managing performance through culture.
Chairman of Levitas Capital, Mike Fagan, speaks today with CEO of Boardroom.Media William Canty about repo markets and current market volatility.
Chairman of Levitas Capital, Michael Fagan, speaks today with CEO of Boardroom.Media William Canty about responding to crisis and workplace culture.
Chairman of Levitas Capital, Mike Fagan, speaks today with CEO of Boardroom.Media William Canty about Levitas Capital and economic survival in a time of crisis.
U.K. Foreign Secretary Dominic Raab is deputizing for Boris Johnson, who remains in intensive care while his government struggles to get a grip on the coronavirus pandemic. The 55-year-old prime minister was taken to hospital on Sunday for tests a...
Enrique Razon, chairman at International Container Terminal Services, discusses how the lockdown in the Philippines from coronavirus stalled container ship movement and the new measures to decongest the ports.
President Donald Trump discusses his call with former Vice President Joe Biden about the coronavirus pandemic. He spoke at a briefing at the White House.
President Donald Trump disputed a U.S. government watchdog's findings that hospitals are suffering widespread shortages of coronavirus test kits and protective gear. He speak at a briefing in the White House.
China has reported no new deaths from coronavirus for the first time since the pandemic began. That adds to signs that the crisis could be easing in certain areas with Italy, France, Spain and Germany reporting lower numbers of new cases while dea...
Singapore Minister for Education Ong Ye Kung discusses Singapore's new measures to combat coronavirus and its impact on the economy.
07 Apr 2020 - The Australian share market rose at the open following positive leads from Wall Street. The S&P/ASX 200 index tracking 0.1 per cent or 8 points higher at 5,294. The GPT Group (ASX:GPT) today announced that all properties in the GPT W...
President Donald Trump's move to restrict exports of face masks and other protective equipment is drawing a backlash from across the world. White House Adviser Peter Navarro says that the administration is using powers under the Korean War-era def...
John Oyler, chairman and chief executive officer at BeiGene Ltd., discusses how coronavirus has impacted the business and his outlook for China's Biopharma sector.
07 Apr 2020 - PolyNovo (ASX:PNV) report sales for the March 2020 quarter were 166 per cent greater than the March 2019 quarter ($1.69 million v. $4.49 million).
07 Apr 2020 - QBE Insurance Group (ASX:QBE) has appointed Jason Harris as Chief Executive Officer, International, succeeding Richard Pryce who intends to retire at the end of this year.
Jeff Kingston, director of Asian studies at Temple University, discusses Japan's emergency declaration and Prime Minister Shinzo Abe's stimulus measures.
Samsung reported better than expected profits in the first quarter as Covid-19 boosted chip orders from data centers helping connect millions of people stuck at home globally.
Japanese Prime Minister Shinzo Abe says he's ready to declare a state of emergency in seven prefectures across the country. He also announced a massive stimulus package as the nation braces for a surge in coronavirus cases.