Coronavirus clouds Intel outlook, despite short-term bump from PC buying

By Stephen Nellis and Munsif Vengattil (Reuters) – Intel Corp <INTC.O> on Thursday forecast second-quarter earnings…

EU heading for 5-10% economic contraction in 2020: Breton

PARIS (Reuters) – The European Union is heading this year towards a 5-10% economic contraction due…

How Africa risks reeling from a health crisis to a food crisis

By Libby George LAGOS (Reuters) – In Nigeria’s Benue state, the food basket of the country,…

Korean Air to get up to $971 million support from state-owned banks

By Joyce Lee and Heekyong Yang SEOUL (Reuters) – Two state-owned banks in South Korea said…

Virgin Australia seeks aircraft waivers, owes $4.4 billion: administrator

By Jamie Freed and Paulina Duran SYDNEY (Reuters) – Virgin Australia Holdings Ltd <VAH.AX> owes A$6.9…

The growing worry for bondholders: Getting ‘primed’

By Kate Duguid NEW YORK (Reuters) – Bondholders in particularly hard-hit sectors like energy, travel and…

Many of Japan’s pachinko parlours stay open despite state of emergency

By Hideto Sakai and Jack Tarrant TOKYO (Reuters) – As stores have closed across Japan during…

UK considering 100% guarantees on smallest business loans: FT

LONDON (Reuters) – British finance minister Rishi Sunak is preparing to offer 100%guarantees on loans to…

Pandemic may give Bank of Japan excuse to take out obsolete bond target

By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – The coronavirus may offer the Bank of…

Coronavirus thwarts vulture funds’ efforts to finally crack China

By Cheng Leng, Samuel Shen and Ryan Woo BEIJING/SHANGHAI (Reuters) – Vulture funds cheering freer access…

Brokerages restrict clients on positions they can take in oil

By Devika Krishna Kumar (Reuters) – Several brokerages, including discount giant TD Ameritrade Corp <AMTD.O> are…

U.S. states test safety of reopening as pandemic pushes jobless claims higher

By Rich McKay ATLANTA (Reuters) – An array of U.S. merchants in Georgia and other states…