Bloomberg Prime Minister Justin Trudeau said Canada will introduce a “significant” fiscal stimulus package, as part of a coordinated effort with other Group of Seven countries to counter the virus-driven global economic slowdown and calm markets. Finance Minister Bill Morneau and Bank of Canada Governor Stephen Poloz were due to hold a press conference in Ottawa, along with Jeremy Rudin, ...

Bloomberg Hundreds of high-risk companies in Europe need to repay or refinance nearly $100 billion in the coming months, a prospect that becomes more daunting by the day amid the relentless collapse in credit markets. From Germany’s Thyssenkrupp AG to Telecom Italia, around 600 European high-yield and non-rated bond borrowers have $92.5 billion bonds maturing by the end of 2021, ...

Bloomberg Co-working startup the Wing will close all locations, taking precautions following the global spread of the coronavirus. The company, whose offerings focus on women, has 11 branches in the US and London. Offices will remain closed through at least March 31, the startup said. The announcement follows moves at many other companies asking employees to stay home. Amazon.com Inc., ...