The federal government’s $2 trillion economic relief bill to help the nation cope with the fallout from the coronavirus pandemic has many excellent features. The amount of money is large — probably enough to cushion and sustain the economy for the next two months. To some extent, the bill addresses the needs of individuals, families, small businesses, big businesses, and ...

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc), is positioned to drive value for the UAE and will continue to invest responsibly to deliver on its 2030 smart growth strategy during this complex and challenging period. Following the UAE leadership’s wise guidance, Adnoc will remain focused on its core pillars of efficiency, profitability, performance and people, reinforce ...

Bloomberg The world’s workers are reeling from the initial shock of the coronavirus recession, with job losses and welfare claims around the globe already running into the millions this week. As the International Labour Organisation (ILO) warns of almost 25 million layoffs if the virus isn’t controlled, the cuts from Austria to the US reflect the deepest peacetime recession since ...