Small Indian companies getting decimated by the world’s harshest coronavirus lockdown finally see a ray of hope. Details are still sketchy, but the Indian government plans to backstop banks if they increase overdraft limits by 20%, providing $39 billion of new working capital to smaller enterprises, Bloomberg News has reported. A state-sponsored fund will absorb losses. Seeing how the US ...

If one thing has seemed to unite Americans during the coronavirus pandemic, it’s spring cleaning. With stay-at-home orders in effect, a long-delayed clearing-out of basements, closets, back bedrooms and desk drawers has become a popular way to pass the time. One result is that America’s thrift stores are informally reporting unprecedented volumes of donations. And that’s creating a problem that ...

Bloomberg European stocks fluctuated, Asian shares rose and US futures edged higher on Thursday as investors weighed corporate results and signs of progress in treating the coronavirus alongside miserable economic data. Oil futures continued to rebound after an early-week tumble. The Stoxx Europe 600 Index swung from a gain to a loss in early trading. Societe Generale SA slumped after ...