Markets braced for Liberation Day

Germany commits…EU leaders have agreed on a huge rescue package to mitigate the economic damage wrought by the pandemic with Berlin set to provide a substantial contribution. A leaked WHO report shows...

24 Apr 202023min

Coronavirus casts a shadow over Q1 earnings…Credit Suisse reports a 75 per cent rise in first-quarter net profit amid exceptional levels of client activity. However, the Swiss lender has set aside CHF...

23 Apr 202024min

Subscribers soar…streaming giant Netflix blows away expectations in the first quarter by signing up more than 15m new customers, thanks to strong demand for franchises like ‘Tiger King’ amid the globa...

22 Apr 202026min

A historic collapse…the price of a barrel of WTI for May turned negative, the first time ever levels have fallen below zero. U.S. President Trump has said he is considering blocking Saudi imports to b...

21 Apr 202023min

Reopening Row…President Trump has played down accusations from U.S. governors who say they lack the Coronavirus testing equipment to re-open their states. The May WTI contract slumps to its lowest lev...

20 Apr 202024min

China contracts…. The Chinese economy shrinks for the first time in nearly 30 years with Q1 GDP falling by 6.8 per cent as the Coronavirus outbreak weighs heavily on consumer spending and production. ...

17 Apr 202026min

Record retail rut…U.S. sales plunge almost 9 per cent while manufacturing hits a 74-year low, prompting recession fears. We speak to IMF managing director Kristalina Georgieva, who says economic pain ...

16 Apr 202027min

No more cash…President Trump withdraws U.S. funding of the World Health Organisation, slamming the agency for fundamental failures in tackling the global Coronavirus pandemic and for having a pro-Chin...

15 Apr 202025min