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Brazil may cut GDP forecast amid coronavirus weakness

Bloomberg Brazil’s government is likely to cut its 2.4% growth forecast for the economy in 2020 to take into account the impact of the coronavirus in slowing global activity, a person familiar with the matter said. A lower-than-expected gross domestic product expansion would lead to reduced inflationary pressure, which may open some space for the central bank to cut the ...

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Uber drivers, pizza delivery workers get lift from Vestager

Bloomberg Uber Technologies Inc drivers and takeout delivery workers have a new champion in European Union’s (EU) antitrust chief, who wants to help them fight for better pay and conditions. In an interview with Bloomberg, Margrethe Vestager says she’s looking at ways to help “people who work in a weak negotiating position” amid concerns about the plight of workers in ...

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Google calls off Las Vegas gathering amid outbreak

Bloomberg Google cancelled a major internal gathering over concerns about the spread of coronavirus, the latest in a wave of events and conferences being called off around the world. The internet giant’s sales and marketing event was set to take place in Las Vegas in March, a Google spokesman said. “In light of the evolving coronavirus situation we made the ...

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