Airline aid, banks braced for credit loss, grim IMF outlook
The US Treasury Department has reached an agreement with US airlines that paves the way for a $25bn bailout for the industry. Plus, JPMorgan Chase and Wells Fargo increased loan-loss provisions by $10...
15 Huhti 202010min
VC funding in China, Amazon jobs, oil under pressure
New figures show that venture capital funding in China rebounded in March after the country’s coronavirus outbreak, and Amazon has announced plans to hire 75,000 extra workers after hiring 100,000 new...
14 Huhti 202010min
Inside Wuhan’s liberation, Japan on lockdown
The coronavirus’ place of origin, Wuhan, has emerged from the world’s largest mass quarantine. Meanwhile, Japan is gambling that it can control the spread of coronavirus without a full lockdown. The F...
13 Huhti 20209min
Wall St worries, Europe funding, Singapore relapse
Wall Street banks are warning investors to brace for a new wave of stock market declines despite the recent relief rally, and eurozone finance ministers will reconvene today to work toward a deal on e...
9 Huhti 20209min
US stimulus, WeWork v SoftBank, Carnival bonds
The Trump administration is in talks with Congress to secure an additional $250bn to fund loans for small businesses hit by the coronavirus pandemic, and a special committee of WeWork board members is...
8 Huhti 202010min
Investors gain hope, Italy isolated, Rana Foroohar
US stocks and global equities surged on Monday as investors took heart from signs that the coronavirus outbreak may be stabilising in some of the worst-affected countries. Plus, with a death count of ...
7 Huhti 202010min
Covid-19 on emerging markets, possible oil tariffs
Emerging markets are scrambling to keep their economies afloat as the coronavirus pandemic deepens. The FT’s David Pilling will have more. Plus, America’s biggest banks will defend their plans to cont...
6 Huhti 202010min
Oil price war, vaccines, banks on stimulus
Oil soared nearly 50 per cent at one point on Thursday in its biggest ever one-day rally after US president Donald Trump stoked hopes of a supply cut deal, German biotech groups are urging regulators ...
3 Huhti 20209min
