Bloomberg South Africa’s property owners will provide relief to retail tenants hardest hit by a nationwide lockdown to curb the spread of Covid-19. The initiative, which focusses on small-, medium- and micro-sized enterprises, will be rolled out by landlords nationally, the Property Industry Group said in a statement published on the website of the South African Real Estate Investment Trusts ...

Bloomberg European stocks pared their gains alongside US equity futures on Thursday as investors mulled estimates of how soon economies can reboot when the coronavirus outbreak eases. Oil rose after Russia signalled it’s ready to make production cuts. Declines in telecoms and media shares helped trim an earlier advance by the Stoxx Europe 600 Index. American index contracts fluctuated a ...

Bloomberg Pakistani stocks rose after the International Monetary Fund (IMF) said it plans to disburse about $1.4 billion in emergency financing next week to help the nation shield its economy hit by the coronavirus outbreak. “The IMF and the Pakistani authorities are working hard for a prompt approval and disbursement” in a single installment, Teresa Daban Sanchez, IMF’s chief in ...