Bloomberg
Marks & Spencer to Cut Around 7,000 Jobs
Aug.18 -- Marks & Spencer Group Plc plans to cut about 7,000 jobs over the next three months after its clothing business was hit hard by the coronavirus lockdown. Bloomberg’s Deirdre Hipwell reports on “Bloomberg Markets: European Open.”
Bloomberg
$2 Trillion March Stimulus Didn’t Reach All Americans
Jul.31 -- Both Republicans and Democrats have a new stimulus bill, but there is a $2.5 trillion gulf between the two parties on how much they want to set aside on relief. The $2 trillion relief package that Congress passed in March ranks...
Bloomberg
RBA Governor Lowe Doesn’t See Growth Lifting Until 4Q
Aug.13 -- Reserve Bank of Australia Governor Philip Lowe says economic growth is unlikely to lift until the final three months of this year, with Victoria’s renewed lockdown to contain an outbreak of Covid-19 “broadly offsetting” the...
Bloomberg
Rosengren: Overeagerness to Reopen Quickly Has Backfired
Aug.12 -- Federal Reserve Bank of Boston President Eric Rosengren says U.S. overeagerness to reopen commercial activity without sufficiently containing the spread of Covid-19 has backfired. He speaks with Bloomberg's Mike McKee on...
Bloomberg
New Zealand’s Ardern Postpones Elections Until Oct. 17
Aug.16 -- New Zealand is battling its first coronavirus outbreak in more than three months and that’s forced Prime Minister Jacinda Ardern to postpone the general election by 4 weeks. Bloomberg’s Tracy Withers reports on “Bloomberg...
Bloomberg
WHO: China Mission Origin Study Would Start in Wuhan
Aug.10 -- Maria Van Kerkhove, the technical lead officer on Covid-19 at the World Health Organization, says the agency's mission to investigate the virus’s origins would start in Wuhan, where the first cases were identified. (Excerpt)
Bloomberg
Lockdowns Tighten Across Asia
Mar.16 -- Countries in Southeast Asia are stepping up restrictions on people’s movement and mass gatherings as well as closing schools and businesses in an attempt to contain the coronavirus. Bloomberg’s Claire Jiao and Selina Wang...
Bloomberg
Shape of Global Growth Recovery: Will it Be V, U or Something Else?
May.21 -- Hootan Yazhari, managing director of MENA and global frontier markets at Bank of America Securities, discusses the outlook for the global economy and markets. Abu Dhabi’s $220 billion wealth fund says the world economy is...
Bloomberg
Expect Months of Waves of the Virus: University of Hong Kong’s Leung
Jul.13 -- Gabriel Leung, dean of medicine at The University of Hong Kong, discusses the resurgence of coronavirus in Hong Kong, the restrictions the Hong Kong government is re-imposing to stem the spread and the possibility of vaccine in...
Bloomberg
Virus Cases Surge in Asian Hubs
Jul.07 -- More virus clusters are being found across major Asian hubs, from Tokyo to Hong Kong, sparking alarm over a fresh wave of infections. Australia’s second-largest city is back under lockdown amid the surge in cases there....
Bloomberg
Summers: 'Spectacular Incompetence’ Mars Virus Response
Jul.03 -- Former Treasury Secretary Larry Summers criticizes the government's response to the coronavirus pandemic. Summers, a paid contributor to Bloomberg, speaks in an interview. (Excerpt)
Bloomberg
Covid Antibodies Fade Rapidly: Report
Jul.21 -- Recovering from Covid-19 may not offer much lasting protection from future infections for those with only mild cases. That’s according to a report that suggests caution regarding so-called herd immunity as well as the...
Bloomberg
China's E-Scooter Maker Niu Sees 'Strong' Demand Rebound
Jul.02 -- Yan Li, chief executive officer of Niu Technologies, a China-based, U.S.-listed maker of electric scooters, discusses the prospects for his company and how the coronavirus outbreak is affecting his business. He speaks with...
Bloomberg
Signify CEO on Earnings Outlook, Coronavirus Impact, M&A
Jul.24 -- Eric Rondolat, chief executive officer and chairman at Signify NV, discusses the earnings outlook for the second half of 2020, the impact of coronavirus on the business and the challenges the company is facing. He speaks on...
Bloomberg
Covid to Remain Big Risk Into Winter: Ryanair CFO
Jul.27 -- Neil Sorahan, chief financial officer at Ryanair Holdings Plc., discusses his concerns over a second wave of coronavirus infections, demand over the summer and the potential for job cuts. He speaks on “Bloomberg Daybreak: Europe.”
Bloomberg
California to Send $52 Million to Hard-Hit Area: Newsom
Jul.27 -- California Governor Gavin Newsom says the state plans to spend $52 million to ramp up testing, treatment and infected-person isolation in eight counties of the Central Valley. He speaks at a press briefing. (Excerpt)